11 Dennis Avenue, Toronto, ON M6N 2T7

Toronto W04 M6N 2T7 Ontario

MLS: W12162812

$1,499,900

Added 7 days ago | For Sale

Listed by: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

About Property

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.

Features

  • House Style:Investment
  • Bathrooms:3
  • Land Size: 25.03 X 171.31
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Weston Road and Eglinton Ave
  • Basement: ,
  • Possession Date:TBD
  • Annual Property taxes: $6223.22
  • Bedrooms:
  • Total Parking Spaces:0
  • Parking Places:0
  • Heating Type:Baseboard
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:W12162812

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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