11 Dennis Avenue Toronto (Mount Dennis), 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:39551)
Property Details
| MLS® Number | W8195470 |
| Property Type | Single Family |
| Community Name | Mount Dennis |
| Amenities Near By | Park, Place Of Worship, Public Transit, Schools |
| Parking Space Total | 2 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 6 |
| Basement Development | Finished |
| Basement Features | Walk Out |
| Basement Type | N/a (finished) |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick |
| Flooring Type | Vinyl |
| Foundation Type | Block |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 171 Ft ,3 In |
| Size Frontage | 25 Ft |
| Size Irregular | 25.03 X 171.31 Ft |
| Size Total Text | 25.03 X 171.31 Ft |
| Zoning Description | Rm (residential Multi Zone) |
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 | 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 |
| 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 |
| 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-avenue-toronto-mount-dennis-mount-dennis
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 04 2024 02:38:12
Toronto Real Estate Board
Royal LePage Real Estate Services Ltd.