11 Dennis Avenue Toronto, Ontario - MLS#: W8195470

$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:51158)

MLS# W8195470 – FOR SALE : 11 Dennis Ave Mount Dennis Toronto – 6 Beds, 3 Baths Triplex ** 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:51158) ** 11 Dennis Ave Mount Dennis Toronto **

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Property Details

MLS® Number	W8195470
Property Type	Single Family
Community Name	Mount Dennis
Amenities Near By	Park, Place Of Worship, Public Transit, Schools
Parking Space Total	2

About 11 Dennis Avenue, Toronto, Ontario

Building

Bathroom Total	3
Bedrooms Above Ground	4
Bedrooms Below Ground	2
Bedrooms Total	6
Basement Development	Finished
Basement Features	Walk Out
Basement Type	N/a (finished)
Cooling Type	Wall Unit
Exterior Finish	Brick
Foundation Type	Block
Heating Fuel	Electric
Heating Type	Baseboard Heaters
Stories Total	2
Type	Triplex
Utility Water	Municipal Water

Parking

Detached Garage

Land

Acreage	No
Land Amenities	Park, Place Of Worship, Public Transit, Schools
Sewer	Sanitary Sewer
Size Irregular	25.03 X 171.31 Ft
Size Total Text	25.03 X 171.31 Ft

Rooms

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

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