11 Dennis Ave., Toronto, Ontario, M6N 2T7
11 Dennis Ave., Toronto, Ontario, M6N 2T7
$1,579,900
Request info
Basics
- Price per sqft: 0
- MLS #: W8195470
- Date added: Added 7 months ago
- Category: For sale
- Type: Investment
- Status: Active
- Bedrooms: 4
- Bathrooms: 3
- Floors: 2
Description
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Description: Show all 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. 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
Location
- Neighborhoods: Mount Dennis, Toronto
Building Details
- Floor covering: Vinyl Floor
- Basement: Finished
- Roof: Asphalt Shingle
- Heat: Baseboard / Electric
- Parking: Detached garage
- Parking Spaces: 2
- A/C: Wall Unit
Video
- Video:
Amenities & Features
- Features:
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