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:52316)
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
$1,499,900
11 DENNIS AVENUE, Toronto, Ontario
3 Bathrooms
Property
MLS® Number: W12162812
Address: 11 DENNIS AVENUE
City: Toronto
Utilities
Central Air: Yes
Heating: Baseboard Heaters
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Property Sale History
Travel and Neighbourhood
81/100Walk Score®
Very Walkable
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Location
