11 Dennis Avenue, Toronto, Ontario M6N 2T7

Listed for:
$1,579,900
6 beds
3 baths
Listed 49 days ago
Triplex for rent: 11 Dennis Avenue, Toronto, Ontario M6N 2T7

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Learn more about this property
Listing provided by:
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
MLS® number:
W8195470
Agent:
Ian Wilson
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About

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. **** EXTRAS **** 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 (id:27476)

Property Highlights

Type
Triplex
Cooling type
Wall unit
Heating fuel
Electric
Fireplace
No
Construction material
Brick
Parking space
2
Ownership Type
Amenities nearby
Park, Place of Worship, Public Transit, Schools

Location

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