11 Dennis Av 3 Unit Apartment Building $1,074,488 USD ($358,163 USD/Unit) Toronto, ON M6N 2T7

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 1,000 sq ft, with a private en-suite 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.