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. A rare opportunity in one of the city's most desirable urban cores. Do not let it pass you by.
Single-familyProperty Type
1 spaceParking
Listed by JACK DANIEL BERNSTEINâą Royal Lepage Real Estate Associates
Listed by MICHAEL ROCKALLâą Royal Lepage Real Estate Associates
Source:TREB #C12843388
Market trends in Davenport, ON
Last updated October 2026
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Provided by Redfin
Sale history for 531 Delaware Ave N
Date
Event
Price
TREB #C12843388
Jun 5, 2026
Delisted
â
May 6, 2026
Price Changed
$3,195,000
Mar 24, 2026
Price Changed
$3,399,999
Mar 4, 2026
Listed
$3,499,999
+27
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. A rare opportunity in one of the city's most desirable urban cores. Do not let it pass you by.
As the MLS and public records start to fill up, we'll list the details here.
Property details
Public facts
Beds: â
Baths: â
Sq. Ft.: â
Stories: â
Lot Size: â
Style: Single Family Residential
Year Built: â
Year Renovated: â
Region: â
Home facts updated by public records on Aug 9, 2023
Around this home
Schools
0.5km
St. Bruno/st. Raymond Catholic School
Public, JK-8 âą Assigned
0.8km
Oakwood Collegiate Institute
Public, 9-12 âą Assigned
Provided by Local Logic
Lifestyle
Provided by Walk Score and Local Logic
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