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Home ON Greater Toronto Area Toronto York Mount Dennis
11 DENNIS AVENUE
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11 DENNIS AVENUE $1,499,900
$1,499,900
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11 DENNIS AVENUE
Toronto (Mount Dennis), Ontario M6N2T7

MLS® Number: W12162812
3
Bathrooms
3000
Square Feet

Listing Description

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. (40507136)

Location Description

Weston Road and Eglinton Ave

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Square Footage
3000 sqft
Community Name
Mount Dennis
Land Size
25.03 x 171.31 FT
Annual Property Taxes
$6,223.22
Time on REALTOR.ca
37 days

Building

Bathrooms
Total
3
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Baseboard heaters
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Business
Business Type
Residential (Apartments)

Measurements

Square Footage
3000 sqft

Land

Lot Features
Frontage
25 ft
Land Depth
171 ft ,3 in
Other Property Information
Zoning Description
RM (Residential Multi Zone)
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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