11 Dennis Avenue, Toronto, ON M6N 2T7

$1,439,900
6
BD
3
BA
1,500
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,439,900
MLS#
W13092990
Status
ACTIVE
Type
Multifamily
SubType
Triplex
Style
2 1/2 Storey
Bedrooms
6
Bathrooms
3
Living Area
1500-2000
Province
ON
Municipality
Toronto
Area
Toronto
Neighborhood
Mount Dennis
Subdivision
Weston Road And Eglinton Ave

Property Description

A rare opportunity to purchase this high-performing LEGAL triplex just steps away from the Mount Dennis super transit hub. With an average 8.54% 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 NEWLY PAVED 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 neighbourhood shopping, this central location ensures low vacancy and high-calibre tenants.

Additional Information

Taxes
$6,223
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Wall Unit(s)
Kitchens
3
Exterior
Brick
Garage Type
Detached
Pool
None
Parking Type
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD..