11 DENNIS AVENUE, Toronto (Mount Dennis)

2024-04-12
 

Quick Summary

Location
11 DENNIS AVENUE, Toronto (Mount Dennis), Ontario M6N2T7
Price
$1,579,900 CAD
Status:
For Sale
Property Type:
Single Family
Bedrooms:
4 bed +2
Bathrooms:
3
Video Link:

MLS®#W8195470

Property Description

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:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Park, Place of Worship, Public Transit, Schools

Building

  • Basement Development: Finished
  • Basement Features: Walk out
  • Basement Type: N/A (Finished)
  • Cooling Type: Wall unit
  • Exterior Finish: Brick
  • Fireplace: No
  • Flooring Type: Vinyl
  • Building Type: Triplex
  • Stories: 2
  • Utility Water: Municipal water

Land

  • Land Size: 25.03 x 171.31 FT
  • Sewer: Sanitary sewer

Zoning

  • Description: RM (Residential Multi Zone)

Information entered by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Listing information last updated on: 2024-09-04 02:38:12


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$500,000

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