11 DENNIS AVENUE

,
Toronto,

Ontario
M6N2T7

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For Sale

$1,499,900

11 DENNIS AVENUE , Toronto, Ontario M6N2T7

Remarks

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. (id:27)

Property Summary

Neighbourhood: Mount Dennis
Lot Frontage: 25.0 Feet
Lot Depth: 171.3 Feet
Lot Size: 25.03 x 171.31 FT
Floor Space (approx): 3000 Square Feet
Bathrooms (Total): 3
Zoning: RM (Residential Multi Zone)

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Lifestyle

Neighbourhood Info

J. Charles Zimmerman

Broker

Phone: 416.921.1112

Fax: 416.921.7424

Royal LePage Real Estate Services Ltd., Brokerage

255 - 55 ST CLAIR AVENUE WEST
Toronto, ON M4V2Y7

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J. Charles Zimmerman

11 DENNIS AVENUE ,
Toronto, Ontario M6N2T7

$1,499,900