For Sale $1,579,900 11 DENNIS AVE , Toronto, Ontario M6N2T7 4+2 Beds 3 Baths Remarks 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:7525) Property Summary Neighbourhood: Mount Dennis Lot Size: 25.03 x 171.31 FT No. of Parking Spaces: 2 Bedrooms: 4+2 Bathrooms (Total): 3
Property Features: Amenities Nearby: Park , [] , Public Transit , Schools Parking Type: Detached garage Property Type: Single Family
Building Features: Basement Development: Finished Basement Type: N/A Building Type: Triplex Cooling Type: Wall unit Exterior Finish: Brick Heating Fuel: Electric Heating Type: Baseboard heaters
Rooms Metre Feet Living: Level: 2nd 20.00 m x 11.70 m Kitchen: Level: 2nd 14.00 m x 11.70 m Master Bedroom: Level: 2nd 9.00 m x 13.30 m 2nd Bedroom: Level: 2nd 9.00 m x 11.70 m Master Bedroom: Level: Basement 10.00 m x 8.70 m Kitchen: Level: Lower Level 8.00 m x 12.00 m Living: Level: Lower Level 20.00 m x 10.00 m Bedroom: Level: Lower Level 10.00 m x 8.00 m Living: Level: Main 20.00 m x 10.00 m Kitchen: Level: Main 6.00 m x 10.70 m Master Bedroom: Level: Main 11.00 m x 8.70 m 2nd Bedroom: Level: Main 11.00 m x 8.00 m