$949,900Asking Price
Versatile Commercial & Residential Opportunity Near Future Mount Dennis Transit Hub! This semi-detached property on a 25 X 110 Ft Lot, offers incredible flexibility for investors, end-users, or business owners. Located in a rapidly revitalizing area, it features two self-contained units, each with a private entrance. Live in one unit while renting out the other, run a business from home, or lease the entire property. The main floor includes a modern kitchen with walk-out to back deck, 3-piece washroom, laundry, living room and a street-facing office (or bedroom). The finished basement has an open-concept living room and bedroom area with its own laundry hookup, and 3-piece washroom. The upper unit has 1-bedroom, a large eat-in kitchen, 4-piece washroom, and a bright open-concept living space. A large covered back patio provides a great space to relax and there are two storage sheds on the property. Ample parking accessible through mutual drive or the rear laneway. Recent upgrades include furnace, central AC, roof, and an owned hot water tank. This updated property is a turn-key investment for end-users or investors (6% cap rate on projected NOI). An excellent opportunity in a high-growth, well-connected area.
Versatile Commercial & Residential Opportunity Near Future Mount Dennis Transit Hub! This semi-detached property on a 25 X 110 Ft Lot, offers incredible flexibility for investors, end-users, or business owners. Located in a rapidly revitalizing area, it features two self-contained units, each with a private entrance. Live in one unit while renting out the other, run a business from home, or lease the entire property. The main floor includes a modern kitchen with walk-out to back deck, 3-piece washroom, laundry, living room and a street-facing office (or bedroom). The finished basement has an open-concept living room and bedroom area with its own laundry hookup, and 3-piece washroom. The upper unit has 1-bedroom, a large eat-in kitchen, 4-piece washroom, and a bright open-concept living space. A large covered back patio provides a great space to relax and there are two storage sheds on the property. Ample parking accessible through mutual drive or the rear laneway. Recent upgrades include furnace, central AC, roof, and an owned hot water tank. This updated property is a turn-key investment for end-users or investors (6% cap rate on projected NOI). An excellent opportunity in a high-growth, well-connected area.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 | Kitchen | Main | 11.45' x 11.09' | Walkout To Deck, Renovated |
2 | Office | Main | 7.94' x 10.10' | |
1 4-Piece Bathroom | ||||
1 3-Piece Bathroom on Main Floor | ||||
1 3-Piece Bathroom |
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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.