$1,579,900 FOR SALE

Triplex 2-Storey

Bedrooms: 4+2Bathrooms: 3Lot: 25.03 x 171.31 ft
2023 Taxes: $5,040.91

11 Dennis Ave
Toronto, ON M6N 2T7 | Mount Dennis

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.

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

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Listed By ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W8195470
Last Updated Apr 12, 2024
Property Summary
Property Type Triplex

More like this:
PIN 105040285
Legal Description Part Lot 28 Plan 976 TWP of York as in CA717976
Possession Date TBD
Taxes (2023) $5,040.91
Directions/Cross Streets Weston Road And Eglinton Ave
Neighbourhood Mount Dennis
Area Toronto
Price History
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Detailed Information
Fronting On S
Property Features Park, Place Of Worship, Public Transit, School
Special Designations Unknown
Bedrooms 4+2
Bathrooms 3
Rooms 10+3
Kitchens 2+1
Lot 25.03 x 171.31 ft
Exterior Brick
Elevator N
Air Conditioning Wall Unit
Central Vac N
Family Room N
Fireplace/Stove N
Pool None
Basement Fin W/O
Drive Mutual
Garage Spaces 2.0
Garage Type Detached
Parking Spaces 2
Total Parking Spaces 2.0
Heat Source Electric
Heat Type Baseboard
Sewers Sewers
Water Municipal
UFFI No
Zoning RM (Residential Multi Zone)
Seller Property Info Statement N
Rooms
Room Level Dimensions Notes
LivingMain7 m x 7.9 m (22.97 ft x 25.92 ft)Vinyl Floor, Open Concept, Combined W/Dining
KitchenMain3.26 m x 2.43 m (10.7 ft x 7.97 ft)Vinyl Floor, Open Concept, Stainless Steel Appl
Prim BdrmMain3.35 m x 8 m (10.99 ft x 26.25 ft)Vinyl Floor, Closet
2nd BrMain3.35 m x 8 m (10.99 ft x 26.25 ft)Vinyl Floor, Closet
Living2nd3.99 m x 3.56 m (13.09 ft x 11.68 ft)Vinyl Floor, Open Concept, Combined W/Dining
Kitchen2nd4.26 m x 2.95 m (13.98 ft x 9.68 ft)Vinyl Floor, Open Concept, Stainless Steel Appl
Prim Bdrm2nd4.05 m x 2.74 m (13.29 ft x 8.99 ft)Vinyl Floor, Closet
2nd Br2nd3.56 m x 2.74 m (11.68 ft x 8.99 ft)Vinyl Floor, Closet
LivingLower6.7 m x 3.07 m (21.98 ft x 10.07 ft)Vinyl Floor, Open Concept
KitchenLower2.74 m x 3.56 m (8.99 ft x 11.68 ft)Vinyl Floor, Open Concept, Stainless Steel Appl
Prim BdrmLower3.04 m x 2.43 m (9.97 ft x 7.97 ft)Vinyl Floor, Closet
2nd BrLower3.04 m x 2.43 m (9.97 ft x 7.97 ft)Vinyl Floor, Closet
Bathrooms
Pieces Level
4Main
42nd
4Lower

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