11 Dennis Av - Apartments FOR SALE


Toronto, ON M6N 2T7- Mount Dennis
$1,499,900 CAD
416-236-1871
11 Dennis Av, Toronto, ON for Sale
$1,499,900 CAD
Apartments - FOR SALE
1/8
null | Request Cap Rate

11 Dennis Av
Toronto, ON M6N 2T7
Mount Dennis


HIGHLIGHTS

  • Freshly Renovated Unit
  • Close to public transportations
  • Potential for garden suite development
  • Abundance of natural light

OVERVIEW

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 1,000 sq ft, with a private en-suite 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.

FOR SALE DETAILS

PRICE

$1,499,900 CAD

PRICE/SF

$500 CAD /SF

# OF UNITS

3

PRICE/UNIT

$499,967

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RM

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ian WilsonRoyal LePage Real Estate Services LtdMore Info
416-236-1871

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Ian WilsonRoyal LePage Real Estate Services LtdMore Info
416-236-1871

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.