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:35492)
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
Ian Wilson
Salesperson
3031 Bloor St. W.
Toronto, Ontario M8X 1C5
(416) 236-1871
Gabriela Hromis
Salesperson
rhela.com/
3031 Bloor St. W.
Toronto, Ontario M8X 1C5
(416) 236-1871
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Toronto Real Estate Board
Royal LePage Real Estate Services Ltd.
September 04 2024 02:38:12
