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About the Listing MI20 - MI8655,NONMEM
Prime downtown Toronto investment awaits in this well maintained 6-plex featuring four spacious two bedroom two bathroom units with separate in suite laundry and smart functional layouts that attract reliable tenants plus a versatile laneway house offering bonus living space for additional income or flexible use for a total of 6 legal units. Built in 2022 this property is NOT subject to rent control, delivering an impressive over 5 percent cap rate with all professional AAA tenants in place for a true set it and forget it stabilized asset that generates strong predictable cash flow. Underwriting documents, detailed financials, rent rolls, and supporting supplements are available for review. This rare opportunity in one of the city's most desirable urban cores won't last, don't let it pass you by!
Listing Highlights
Interior Details
- Bedrooms: 10
- Bathrooms: 10 Full
- Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer
- Air Cond: Central Air
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3675
- Below Ground Sq Ft: n/a
- Basement: Separate Entrance,Full,Finished
- Other: Separate Heating Controls,Separate Hydro Meters
- Water: Municipal
Exterior Details
- Lot Description: Airport,Dog Park,City Lot,Highway Access,Hospital,Park,Place of Worship,Public Transit,Schools
- Garage Capacity: N/A
- Parking Spaces: 1
- Lot Dimensions: 22.5 x 123.8
- Zoning: R
- Roof: Flat
- Others:
- Sewer: Sewer (Municipal)
- Parking Features: Private Drive Single Wide
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 212850169
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
531 Delaware Ave N Toronto, ON M6H 2V3
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