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11 DENNIS AVENUE, Toronto (Mount Dennis) — listed at $1,439,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
A rare opportunity to purchase this high-performing LEGAL triplex just steps away from the Mount Dennis super transit hub. With an average 8.54% 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 NEWLY PAVED 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 neighbourhood shopping, this central location ensures low vacancy and high-calibre tenants. (id:60164)
What makes this a luxury property?+
At $1,439,900, standout features include 3000 sq ft, 3 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
Who is 11 DENNIS AVENUE best suited for?+
With null bedrooms and 3 bathrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
Is there air conditioning?+
Yes — fully air conditioned cooling is in place.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $6,223.22, heating is baseboard heaters. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is baseboard heaters. Ask for past utility bills to understand real heating costs.
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