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. |
Price | $1,499,900 |
Taxes: | $6223.22 |
Tax Type: | Annual |
Occupancy: | Tenant |
Address: | 11 Dennis Aven , Toronto, M6N 2T7, Toronto |
Postal Code: | M6N 2T7 |
Province/State: | Toronto |
Legal Description: | Part Lot 28 Plan 976 TWP of York as in C |
Directions/Cross Streets: | Weston Road and Eglinton Ave |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Apartment |
Use: | Apts - 2 To 5 Units |
Building Percentage: | T |
Total Area: | 3000.00 |
Total Area Code: | Square Feet |
Office/Appartment Area: | 3000 |
Office/Appartment Area Code: | Sq Ft |
Sprinklers: | No |
Washrooms: | 3 |
Rail: | N |
Crane: | F |
Heat Type: | Baseboard |
Central Air Conditioning: | Yes |
Sewers: | Sanitary |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Toronto |
Municipality: | Toronto W04 |
Neighbourhood: | Mount Dennis |
Tax: | $6,223.22 |
Baths: | 3 |
Fireplace: | N |