11 Dennis Av - Apartments FOR SALE


Toronto, ON M6N 2T7- Mount Dennis
$1,579,900 CAD
416-236-1871
11 Dennis Av, Toronto, ON for Sale
$1,579,900 CAD
Apartments - FOR SALE
1/6
null | Request Cap Rate

11 Dennis Av
Toronto, ON M6N 2T7
Mount Dennis


HIGHLIGHTS

  • Freshly Renovated Unit
  • Close to public transportations
  • Potential for garden suite development
  • Abundance of natural light

OVERVIEW

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

FOR SALE DETAILS

PRICE

$1,579,900 CAD

PRICE/SF

$527 CAD /SF

# OF UNITS

3

PRICE/UNIT

$526,633

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RM

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ian WilsonRoyal LePage Real Estate Services LtdMore Info
416-236-1871

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Ian WilsonRoyal LePage Real Estate Services LtdMore Info
416-236-1871

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.