$1,499,900Asking Price
A rare opportunity to purchase this high-performing LEGAL triplex just steps away from the Mount Dennis super transit hub. With an average 4.75% CAP rate and an 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.
A rare opportunity to purchase this high-performing LEGAL triplex just steps away from the Mount Dennis super transit hub. With an average 4.75% CAP rate and an 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.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 | Kitchen | Main | 10.70' x 7.97' | Vinyl Floor, Open Concept, Stainless Steel Appliances |
2 | Kitchen | Lower | 8.99' x 11.68' | Vinyl Floor, Open Concept, Stainless Steel Appliances |
1 4-Piece Bathroom on Main Floor | ||||
1 4-Piece Bathroom | ||||
1 4-Piece Bathroom on Lower |
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Mount Dennis, Toronto is a west Toronto neighbourhood notable for its singles, renters, salespeople and tradespeople. It has a higher than average population of immigrants, particularly those from Portugal, and Spanish and Portuguese speakers. Residents tend to be older with a significant number of babies, adults aged 50 to 64 and seniors aged 65 to 69.
Kids Per Family
1.3
kids per family
in the neighbourhood.
56%
of residents are
single and loving it.
56% singles
Toronto (50%)
48%
of residents
are renters.
48% renters
Toronto (47%)
23%
of residents are
university grads.
23% university grads
Toronto (48%)Average Household Income
$80K
is the average household
income in the neighbourhood.
Professions
Sales | 17% |
Trades | 11% |
Business | 9% |
Government | 6% |
Management | 4% |
54%
of residents were
born outside of Canada.
54% immigrants
Toronto (48%)9.1% from Caribbean
All-time
0.7% from Philippines
Recent
Foreign Languages
Portuguese | 10% |
Spanish | 7% |
Vietnamese | 4% |
Tagalog | 3% |
Italian | 2% |
Religions
Christian | 68% |
Muslim | 8% |
Buddhist | 5% |
Hindu | 2% |
Sikh | 1% |
Social Housing Buildings
9
Social housing buildings
in the neighbourhood.
Shelters
0
Homeless shelters in
the neighbourhood.