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Chelsea Mann

[email protected] +1(250) 852-0977

$ 1,499,900

Est. payment -/mo

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11 DENNIS AVENUE Toronto (mount Dennis), ON M6N2T7

6 Beds

3 Baths

1,500 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $999

Subdivision Mount Dennis

MLS® Listing ID W12162808

Bedrooms 6

Source Toronto Regional Real Estate Board

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 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:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 3.99 m X 3.5 m Living room

Extra Room 2 Second level 4.26 m X 2.95 m Kitchen

Extra Room 3 Second level 4.05 m X 2.74 m Primary Bedroom

Extra Room 4 Second level 3.56 m X 2.74 m Bedroom 2

Extra Room 5 Lower level 3.04 m X 2.43 m Primary Bedroom

Extra Room 6 Lower level 3.04 m X 2.43 m Bedroom 2

Interior

Heating Baseboard heaters

Cooling Wall unit

Flooring Vinyl

Exterior

Parking Features Yes

Community Features Community Centre

View Y/N No

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Chelsea Mann

Advisor | License ID: 2196

+1(250) 852-0977

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