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$799,900Asking Price

53 Cordella Avenue, Toronto, ON M6N 2J7

Mount Dennis, Toronto

Detached
2 + 2
Bedrooms
3
Baths
0
Parking
Days on Market

Great investment opportunity @ 53 Cordella Ave.This fully detached home is an income-generating property featuring 3 separate suites. A spacious 2-bedroom basement unit with a separate entrance plus bright 1-bedroom unit on the main and second floors. All units are currently tenanted with very reliable tenants who would love to continue staying, bringing a total monthly income of $4435 plus each pays 35% of utilities and.Separate coin laundry at the back of the house.Situated in a very convenient location, steps from transit, minutes to new Eglinton LRT, offers quick access to major highways, parks, schools, shopping, and dining. It's an ideal option for investors or end-users looking to live in one unit while renting out the others.

Great investment opportunity @ 53 Cordella Ave.This fully detached home is an income-generating property featuring 3 separate suites. A spacious 2-bedroom basement unit with a separate entrance plus bright 1-bedroom unit on the main and second floors. All units are currently tenanted with very reliable tenants who would love to continue staying, bringing a total monthly income of $4435 plus each pays 35% of utilities and.Separate coin laundry at the back of the house.Situated in a very convenient location, steps from transit, minutes to new Eglinton LRT, offers quick access to major highways, parks, schools, shopping, and dining. It's an ideal option for investors or end-users looking to live in one unit while renting out the others.

Key Info

  • 2-Storey Detached
  • 0-Car Driveway
  • No Garage
  • Weston & Blackcreek
  • 1100-1500 Approximate Sq Feet
  • Basement Apartment
  • 3 + 1 Kitchens
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 25 x 120 Feet
  • Taxes were $3,619 in 2024
  • Possession: TBA

Details

  • No Fireplace
  • No Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #W12060847
  • ROYAL LEPAGE SUPREME REALTY

Extras

Room Floor Dimensions Details
1 Kitchen Main 12.99' x 12.99'
2 Laundry Main 5.09' x 9.09'
Washroom1 4-Piece Bathroom in Flat
Washroom1 4-Piece Bathroom
Washroom1 4-Piece Bathroom

Who lives here?

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.

Families

Kids Per Family

1.3

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

56% of residents are
single and loving it.

56% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

48% of residents
are renters.

48% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

23% of residents are
university grads.

23% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$80K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 17%
Trades 11%
Business 9%
Government 6%
Management 4%

Immigrants

54% of residents were
born outside of Canada.

54% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Caribbean was once home to 9.1% of immigrants.
Portugal 5.9%
Jamaica 4.8%
Philippines 4.6%
Vietnam 3.9%

9.1% from Caribbean
All-time

Birthplace - Recent

Philippines was once home to 0.7% of immigrants.
Brazil 0.5%
Nigeria 0.4%
Jamaica 0.3%
Eritrea 0.3%

0.7% from Philippines
Recent

Foreign Languages

Foreign Languages

Portuguese 10%
Spanish 7%
Vietnamese 4%
Tagalog 3%
Italian 2%

Religions

Religions

Christian 68%
Muslim 8%
Buddhist 5%
Hindu 2%
Sikh 1%

Social Housing

Social Housing Buildings

9

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

0

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)