For Sale · MLS# W13092990
Active
$1,439,900
11 DENNIS AVENUE
6Bedrooms 3Bathrooms 1,500Sq Ft

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About this home
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 neighbourhood shopping, this central location ensures low vacancy and high-calibre tenants. (id:66036)
Property facts
- Property type
- Triplex
- Building type
- Triplex
- Living area
- 1,500 sqft
- Lot size
- 25 x 171.3 FT
- Lot frontage
- 25 ft
- Lot depth
- 171 ft ,3 in
- Basement
- N/A
- Heating
- Electric Baseboard heaters
- Cooling
- Wall unit
Listing courtesy of
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Listed by: IAN WILSON
Phone: (416) 236-1871
The trademarks REALTOR®, REALTORS® and MLS® are controlled by The Canadian Real Estate Association (CREA). Listing data via CREA DDF®.