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SaleInvestment

11 Dennis Avenue

Toronto W04, ON M6N 2T7

Price

$1,439,900

Building Size

3,000 sq ft

MLS# W13782194 | Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Business Details

Business Type

Apts - 2 To 5 Units

Property Use

Apartment

Commercial Space & Financials

Office / Apt Area

3,000 sq ft

Taxes (Annual)

$6,223.22

Industrial Specifications

Lot Size

25.03' × 171.31'

Structure

Freestanding

Property Description

A rare opportunity to purchase this high-performing LEGAL triplex just steps away from the Mount Dennis super transit hub. With an average 8.54% 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 NEWLY PAVED 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 neighbourhood shopping, this central location ensures low vacancy and high-calibre tenants.

Price & Status History

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Location

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11 Dennis Avenue, Toronto W04 M6N 2T7

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Listing Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.

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