11 Dennis Ave Toronto, Ontario M6N 2T7
$1,579,900
Don't Miss Out On This Amazing Chance To Acquire A Fully Renovated, Legally Zoned Triplex In A Rapidly Gentrifying Locale, Just A Stone's Throw Away From The New Mount Dennis Go Station. Revel In The Abundance Of Natural Light That Permeates Each Of The Three Immaculate Two-Bedroom Units, Complete With Their Own En-Suite Washer/Dryer. Additionally, Take Advantage Of The Capacious Backyard And Garage, Which Could Potentially Accommodate A Garden Suite To Further Enhance The Property's Density. **** EXTRAS **** Investment Ratios Going In Cap Rate: 4.3% Leveraged Cap Rate Based On 40% Down, At 5.25%: Avg 4.71% Leveraged Cap Rate Including 5% Appreciation Per Annum: 20.33% Positive Cash Flow After Debt: Achieved In Year 2 (id:40227)
Property Details
| MLS® Number | W8195470 |
| Property Type | Single Family |
| Community Name | Mount Dennis |
| AmenitiesNearBy | Park, Place Of Worship, Public Transit, Schools |
| ParkingSpaceTotal | 2 |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 4 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 6 |
| BasementDevelopment | Finished |
| BasementFeatures | Walk Out |
| BasementType | N/a (finished) |
| CoolingType | Wall Unit |
| ExteriorFinish | Brick |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 2 |
| Type | Triplex |
Parking
| Detached Garage |
Land
| Acreage | No |
| LandAmenities | Park, Place Of Worship, Public Transit, Schools |
| SizeIrregular | 25.03 X 171.31 Ft |
| SizeTotalText | 25.03 X 171.31 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 3.99 m | 3.56 m | 3.99 m x 3.56 m |
| Second Level | Kitchen | 4.26 m | 2.95 m | 4.26 m x 2.95 m |
| Second Level | Primary Bedroom | 4.05 m | 2.74 m | 4.05 m x 2.74 m |
| Second Level | Bedroom 2 | 3.56 m | 2.74 m | 3.56 m x 2.74 m |
| Lower Level | Living Room | 6.7 m | 3.07 m | 6.7 m x 3.07 m |
| Lower Level | Kitchen | 2.74 m | 3.56 m | 2.74 m x 3.56 m |
| Lower Level | Primary Bedroom | 3.04 m | 2.43 m | 3.04 m x 2.43 m |
| Lower Level | Bedroom 2 | 3.04 m | 2.43 m | 3.04 m x 2.43 m |
| Main Level | Living Room | 7 m | 7.9 m | 7 m x 7.9 m |
| Main Level | Kitchen | 3.26 m | 2.43 m | 3.26 m x 2.43 m |
| Main Level | Primary Bedroom | 3.35 m | 8 m | 3.35 m x 8 m |
| Main Level | Bedroom 2 | 3.35 m | 8 m | 3.35 m x 8 m |
https://www.realtor.ca/real-estate/26695277/11-dennis-ave-toronto-mount-dennis
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3031 Bloor St. W.
Toronto, Ontario M8X 1C5
3031 Bloor St. W.
Toronto, Ontario M8X 1C5
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April 12 2024 11:28:37
Toronto Real Estate Board
Royal LePage Real Estate Services Ltd.