11 Dennis Avenue No longer available

Toronto, Mount Dennis, M6N 2T7

$1,579,900

Description

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD..

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.

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

Location

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  • Address: 11 Dennis Avenue
  • Neighborhood: Mount Dennis
  • City: Toronto
  • State: Ontario
  • Postal Code: M6N 2T7

Property Video

Property Details

  • Property ID: W8195470
  • Property Price: $1,579,900
  • Style: Triplex, 2-Storey
  • Rooms: 10+3
  • Bedrooms: 4+2
  • Bath: 3
  • Garages Spaces: 2
  • Garage: Detached
  • Parking Spaces: 2
  • A/C: Wall Unit
  • Basement: Fin W/O
  • Central Vac.: N
  • Den: N
  • Elevator: N
  • Exterior: Brick
  • Heating: Baseboard
  • Fireplace: N
  • Taxes: $5,040.91 (2023)
  • Lot: 171.31x25.03 (Feet)

Room details and dimensions

Statistics for similar Triplex homes in Mount Dennis

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Triplex homes in Mount Dennis

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Triplex homes in Mount Dennis

Property History

This property has been sold 12 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100