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11 Dennis Avenue Toronto (Mount Dennis), Ontario M6N 2T7

6 Bedroom 3 Bathroom
Wall Unit Baseboard Heaters

$1,579,900

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:31697)

Property Details

MLS® Number W8195470
Property Type Single Family
Community Name Mount Dennis
AmenitiesNearBy Park, Place Of Worship, Public Transit, Schools
ParkingSpaceTotal 2

Building

BathroomTotal 3
BedroomsAboveGround 4
BedroomsBelowGround 2
BedroomsTotal 6
BasementDevelopment Finished
BasementFeatures Walk Out
BasementType N/a (finished)
CoolingType Wall Unit
ExteriorFinish Brick
FlooringType Vinyl
FoundationType Block
HeatingFuel Electric
HeatingType Baseboard Heaters
StoriesTotal 2
Type Triplex
UtilityWater Municipal Water

Parking

Detached Garage

Land

Acreage No
LandAmenities Park, Place Of Worship, Public Transit, Schools
Sewer Sanitary Sewer
SizeDepth 171 Ft ,3 In
SizeFrontage 25 Ft
SizeIrregular 25.03 X 171.31 Ft
SizeTotalText 25.03 X 171.31 Ft
ZoningDescription Rm (residential Multi Zone)

Rooms

Level Type Dimensions
Second Level Living Room 3.99 m x 3.56 m
Second Level Kitchen 4.26 m x 2.95 m
Second Level Primary Bedroom 4.05 m x 2.74 m
Second Level Bedroom 2 3.56 m x 2.74 m
Lower Level Primary Bedroom 3.04 m x 2.43 m
Lower Level Bedroom 2 3.04 m x 2.43 m
Lower Level Living Room 6.7 m x 3.07 m
Lower Level Kitchen 2.74 m x 3.56 m
Main Level Living Room 7 m x 7.9 m
Main Level Kitchen 3.26 m x 2.43 m
Main Level Primary Bedroom 3.35 m x 8 m
Main Level Bedroom 2 3.35 m x 8 m

https://www.realtor.ca/real-estate/26695277/11-dennis-avenue-toronto-mount-dennis-mount-dennis

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