17
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$1,499,900
Est. payment /mo
6 Beds
3 Baths
1,500 SqFt
New
11 DENNIS AVENUE Toronto (mount Dennis), ON M6N2T7
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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
State 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.