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 |
Price | $1,579,900 |
Taxes: | $5040.91 |
Address: | 11 Dennis Ave , Toronto, M6N 2T7, Ontario |
Lot Size: | 25.03 x 171.31 (Feet) |
Directions/Cross Streets: | Weston Road And Eglinton Ave |
Rooms: | 10 |
Rooms +: | 3 |
Bedrooms: | 4 |
Bedrooms +: | 2 |
Kitchens: | 2 |
Kitchens +: | 1 |
Family Room: | N |
Basement: | Fin W/O |
Property Type: | Triplex |
Style: | 2-Storey |
Exterior: | Brick |
Garage Type: | Detached |
(Parking/)Drive: | Mutual |
Drive Parking Spaces: | 2 |
Pool: | None |
Property Features: | Park, Place Of Worship, Public Transit, School |
Fireplace/Stove: | N |
Heat Source: | Electric |
Heat Type: | Baseboard |
Central Air Conditioning: | Wall Unit |
Central Vac: | N |
Elevator Lift: | N |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
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Type: | Freehold - Triplex |
Area: | Toronto |
Municipality: | Toronto |
Neighbourhood: | Mount Dennis |
Style: | 2-Storey |
Lot Size: | 25.03 x 171.31(Feet) |
Tax: | $5,040.91 |
Beds: | 4+2 |
Baths: | 3 |
Fireplace: | N |
Pool: | None |