11 Dennis Avenue Toronto, Ontario M6N 2T7
$1,499,900
A rare opportunity to purchase this high-performing LEGAL triplex just steps away from the Mount Dennis super transit hub. With an average 4.75% CAP rate and an 8.30% leveraged CAP rate, this fully renovated (gutted to the studs) triplex is an ideal investment to add to any portfolio. This turnkey opportunity offers three two-bedroom units, each spanning 1000 sq ft, each with a private ensuite washer and dryer, brand new appliances and fixtures, large windows with an abundance of natural light, new mechanicals and each unit is separately metered for hydro. The spacious backyard and detached garage offer an excellent potential for a garden suite, creating a rare opportunity to further increase the density and value. With a close proximity to a brand new public school, a nearby catholic school, excellent transit and and neighbourhood shopping, this central location ensures low vacancy and high-calibre tenants. (id:61852)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | W12162812 |
| Property Type | Multi-family |
| Neigbourhood | Mount Dennis |
| Community Name | Mount Dennis |
Building
| BathroomTotal | 3 |
| CoolingType | Fully Air Conditioned |
| HeatingType | Baseboard Heaters |
| SizeInterior | 3000 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 171 Ft ,3 In |
| SizeFrontage | 25 Ft |
| SizeIrregular | 25.03 X 171.31 Ft |
| SizeTotalText | 25.03 X 171.31 Ft |
| ZoningDescription | Rm (residential Multi Zone) |
https://www.realtor.ca/real-estate/28344324/11-dennis-avenue-toronto-mount-dennis-mount-dennis
Interested?
Contact us for more information
Ian Wilson
Salesperson
3031 Bloor St. W.
Toronto, Ontario M8X 1C5
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May 23 2025 04:50:16
Toronto Real Estate Board
Royal LePage Real Estate Services Ltd.
