Home with brick exterior material, street for 11 Dennis Ave, Toronto Ontario M6N 2T7
54 days on Market

11 Dennis Ave, Toronto, Ontario M6N 2T7

Other
-
3
~3000 sqft
$1,499,900
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Other
-
3
~3000 sqft

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Highlights

Property Estimate

Days on market54 days

Estimated valueNot available

Price/Sqft$499/sqft

Monthly cost

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CMA Subject Property

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+11

Properties sold*

$740K

Median sold price*

*Based on last 30 days

Description

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.


Property Details

StyleApartment
View-
Age of property-
SqFt~3000 SqFt
Lot Size4,287 SqFt(171.31 x 25.03)
Parking Spaces-
MLS ®NumberW12162812
Community NameMount Dennis
Data SourceTRREB
Listing byROYAL LEPAGE REAL ESTATE SERVICES LTD.

Features

Heating: Baseboard
Cooling: Y
Basement: Y

Features

Lot size: 4,287 SqFt

Market Data - Mount Dennis

Geo Zone Map ThumbnailMount Dennis

Strong Buyer's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

39 days

Compared to

2024

15 days

2023

36 days

2022

10 days

New Listings

Past 30 days

16 listings

Compared to

2024

21 listings

2023

13 listings

2022

25 listings

Units sold

Past 30 days

3 units

Compared to

2024

11 units

2023

9 units

2022

15 units

Median Sold Price

Past 30 days

$1,080,000

Compared to

2024

$740,000

2023

$837,000

2022

$760,000


Population and Demographics

Overview

Total population 14704
Average household income $103,457

Age (%)

0 to 19
21%
20 to 34
21%
35 to 49
20%
50 to 64
21%
65 and plus
17%

Household composition (%)

Single family
60%
Single person
33%
Multi person
6%
Multi family
1%

Mother tongue (%)

English
57%
Portuguese
13%
Spanish
9%
Vietnamese
4%
Others
3%
Tagalog (Pilipino, Filipino)
3%
Italian
2%
Somali
1%
Yue (Cantonese)
1%

House tenancy (%)

Owners
52%
Renters
48%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget