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$1,499,900
Est. payment /mo
3 Baths
3,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $499
Subdivision Mount Dennis
MLS Listing ID W12162812
Annual Tax Amount $6,223
Tax Year 2025
Property Sub-Type Investment
Property Description
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.
Location
Province ON
County Toronto
Community Mount Dennis
Area Toronto
Zoning RM (Residential Multi Zone)
Interior
Cooling Yes
Exterior
Parking Features None
Utilities Available Yes
Building
Lot Description Lot
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