49 days on Market

531 Delaware Ave, Toronto, Ontario M6H 2V3

Townhouse
10
10
~3500-5000 sqft
$•••,•••
$3,399,999
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Townhouse
10
10
~3500-5000 sqft

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Highlights

Property Estimate

Days on market49 days

Estimated valueNot available

Price/Sqft$825/sqft

Monthly cost

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Description

Prime downtown Toronto investment opportunity. This well-maintained 6-plex features four spacious two-bedroom, two-bathroom units with in suite laundry and smart layouts that attract reliable tenants. A versatile laneway house adds bonus income potential for a total of 6 legal units. Built in 2022, this property is NOT subject to rent control. All units are occupied by professional AAA tenants, delivering a true set-it-and-forget-it stabilized asset with strong, predictable cash flow. Annual revenue of $179,400 with an impressive 5%+ cap rate. Underwriting documents, detailed financials, rent rolls, and supporting supplements are available upon request. A rare opportunity in one of the city's most desirable urban cores. Do not let it pass you by.


Property Details

Style3-Storey
View-
Age of property-
SqFt~3500-5000 SqFt
Lot Size2,785 SqFt(123.8 x 22.5)
Parking Spaces1
MLS ®NumberC12843388
Community NameDavenport
Data SourceTRREB
Listing byRoyal Lepage Real Estate Associates

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment

Main Floor

Bathroom

0.0 x 0.0

4 Pc Bath

Primary

3.36 x 3.36

Br

2.74 x 3.04

Kitchen

2.13 x 4.26


Features

Lot size: 2,785 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 1


Property listed by Royal Lepage Real Estate Associates, Brokerage
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Market Data - Davenport

Geo Zone Map ThumbnailDavenport

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

9 days

Compared to

2025

0 day

2024

0 day

2023

0 day

New Listings

Past 30 days

2 listings

Compared to

2025

1 listing

2024

2 listings

2023

1 listing

Units sold

Past 30 days

3 units

Compared to

2025

0 unit

2024

0 unit

2023

0 unit

Median Sold Price

Past 30 days

$1,175,000

Compared to


Population and Demographics

Overview

Total population 5896
Average household income $128,638

Age (%)

0 to 19
16%
20 to 34
26%
35 to 49
25%
50 to 64
17%
65 and plus
16%

Household composition (%)

Single family
55%
Single person
36%
Multi person
8%
Multi family
1%

Mother tongue (%)

English
63%
Portuguese
14%
Spanish
4%
Yue (Cantonese)
3%
Italian
3%
French
2%
Vietnamese
2%
Others
1%
Mandarin
1%
Greek
1%

House tenancy (%)

Owners
51%
Renters
49%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget