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

  • 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

Office Listing: 

Ian Wilson Sales Representative  ,  Gabriela Hromis - Sales Representative

Lifestyle
Neighbourhood Info
Peter Sgro

Peter Sgro

Sales Representative

Phone:  416.236.1871

Mobile:  647.990.9930

Fax:  416.239.5493

Royal LePage Real Estate Services Ltd., Brokerage

3031 BLOOR STREET WEST
Toronto,  ON M8X1C5

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