Address
11 DENNIS AVENUE, Toronto, ON
Price
$ 1,579,900
Property Attributes
  • ID#W8195470
  • TypeSingle Family
  • CityToronto
  • NeighbourhoodMount Dennis
  • Postal CodeM6N 2T7
  • Style
  • Price$ 1,579,900
  • Bedrooms6
  • Bathrooms3
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description

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:7434)

General Features

Property Type Single Family
CommunityName Mount Dennis
Amenities Park,Place of Worship,Public Transit,Schools
Building Basement Features Walk out
Building Cooling Type Wall unit
Parking Space Total 2
Foundation Type Block
Building Type Triplex
Building.StoriesTotal 2

Interior Features

Building Fireplace Present False
Building Heating Type Baseboard heaters
Building Heating Fuel Electric
Basement Development Finished
Basement Type N/A (Finished)

Exterior Features

Land Amenities Park,Place of Worship,Public Transit,Schools
Sewer Sanitary sewer
Exterior Finish Brick

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in M6N 2T7

Price
AVG $1.05M
$1.58M
Visits
AVG 755
1085
Data Provided by Inside Real Estate®