11 DENNIS AVENUE , Toronto Ontario M6N2T7

Sale $1,499,900  | 
Listing # W12162812
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Office Listing:

Ian Wilson, Sales Representative

ANGELA BALAN

ANGELA BALAN

Sales Representative

Phone: 416.236.1871
Mobile: 416.509.2557

angela@angelabalan.com
www.angelabalan.com

Royal LePage Real Estate Services Ltd., Brokerage

Brokerage

3031 BLOOR STREET WEST
Toronto,  ON M8X1C5

Remarks:

A rare opportunity to purchase this high-performing LEGAL triplex just steps away from the Mount Dennis super transit hub. With an average 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)

Investment

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)

Property Features:

Property Type: Multi-family
Sewer: Sanitary sewer

Building Features:

Building Type: Multi-Family
Cooling Type: Fully air conditioned
Heating Type: Baseboard heaters