11 Dennis Avenue, Mount Dennis in Toronto, ON
This is a Single Family Listing with a Walk out basement and Detached Garage parking.
Work with an experienced agent who knows ~the Mount Dennis area~ View This Property
11 Dennis Avenue, Mount Dennis in Toronto
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 (id:6289)
$1,579,900
11 Dennis Avenue, Toronto, Ontario
Essential Information
- MLS® #W8195470
- Price$1,579,900
- Bedrooms6
- Bathrooms3.00
- Acres0.00
- TypeSingle Family
- Days on Website18
Amenities
- AmenitiesPark, Place of Worship, Public Transit, Schools
- Parking Spaces2
- ParkingDetached Garage
- # of Garages1
Exterior
- ExteriorBrick
- Lot Description25.03 x 171.31 FT
Community Information
- Address11 Dennis Avenue
- SubdivisionMount Dennis
- CityToronto
- Postal CodeM6N2T7
Interior
- HeatingElectric Baseboard heaters
- CoolingWall unit
- Has BasementYes
- BasementWalk out
- # of Stories2
Listing Details
- Listing OfficeROYAL LEPAGE REAL ESTATE SERVICES LTD.