11 Dennis Ave
Mount Dennis, Toronto, M6N 2T7
For Sale
19.30 BTC
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4 + 2
BEDROOMS3
BATHROOMS2 + 1
KITCHENS10 + 3
ROOMSW8195470
MLSIDContact Us
Property Description
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.
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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
Nearby Intersections
Weston & Eglinton (12)
Eglinton & Jane (70)
Property Features
Park, Place Of Worship, Public Transit, School
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Property Details
Property Type
Triplex, 2-Storey
Lot Size
25' x 171'
Fronting
South
Taxes
$5,041 (2023)
Basement
Fin W/O
Exterior
Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
2
Driveway
Mutual
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 25.92' x 22.97' | Vinyl Floor, Open Concept, Combined W/Dining |
| Kitchen | Main | 7.97' x 10.70' | Vinyl Floor, Open Concept, Stainless Steel Appl |
| Prim Bdrm | Main | 26.25' x 10.99' | Vinyl Floor, Closet |
| 2nd Br | Main | 26.25' x 10.99' | Vinyl Floor, Closet |
| Living | 2nd | 11.68' x 13.09' | Vinyl Floor, Open Concept, Combined W/Dining |
| Kitchen | 2nd | 9.68' x 13.98' | Vinyl Floor, Open Concept, Stainless Steel Appl |
| Prim Bdrm | 2nd | 8.99' x 13.29' | Vinyl Floor, Closet |
| 2nd Br | 2nd | 8.99' x 11.68' | Vinyl Floor, Closet |
| Living | Lower | 10.07' x 21.98' | Vinyl Floor, Open Concept |
| Kitchen | Lower | 11.68' x 8.99' | Vinyl Floor, Open Concept, Stainless Steel Appl |
| Prim Bdrm | Lower | 7.97' x 9.97' | Vinyl Floor, Closet |
| 2nd Br | Lower | 7.97' x 9.97' | Vinyl Floor, Closet |
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Listing contracted with Royal Lepage Real Estate Services Ltd.
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