11 Dennis Ave
Mount Dennis, Toronto, M6N 2T7
FOR SALE
$1,579,900
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4 + 2
BEDROOMS3
BATHROOMS2 + 1
KITCHENS10 + 3
ROOMSW8195470
MLSIDContact Us
Property Description
Don't Miss Out On This Amazing Chance To Acquire A Fully Renovated, Legally Zoned Triplex In A Rapidly Gentrifying Locale, Just A Stone's Throw Away From The New Mount Dennis Go Station. Revel In The Abundance Of Natural Light That Permeates Each Of The Three Immaculate Two-Bedroom Units, Complete With Their Own En-Suite Washer/Dryer. Additionally, Take Advantage Of The Capacious Backyard And Garage, Which Could Potentially Accommodate A Garden Suite To Further Enhance The Property's Density.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-09-21 | 2023-11-30 | 72 | $1,579,900 | - | Expired |
| 2023-04-06 | 2023-09-15 | 162 | $1,579,900 | - | Expired |
| 2022-05-11 | 2022-10-10 | 153 | $1,600,000 | - | Expired |
Extras
Investment Ratios Going In Cap Rate: 4.3% Leveraged Cap Rate Based On 40% Down, At 5.25%: Avg 4.71% Leveraged Cap Rate Including 5% Appreciation Per Annum: 20.33% Positive Cash Flow After Debt: Achieved In Year 2
Nearby Intersections
Weston & Eglinton (11)
Eglinton & Jane (66)
Property Features
Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Lot Size
25' x 171'
Fronting
South
Taxes
$5,041 (2023)
Basement
Fin W/O
Exterior
Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
2
Driveway
Mutual
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 25.92' x 22.97' | Vinyl Floor, Open Concept, Combined W/Dining |
| Kitchen | Main | 7.97' x 10.70' | Vinyl Floor, Open Concept, Stainless Steel Appl |
| Prim Bdrm | Main | 26.25' x 10.99' | Vinyl Floor, Closet |
| 2nd Br | Main | 26.25' x 10.99' | Vinyl Floor, Closet |
| Living | 2nd | 11.68' x 13.09' | Vinyl Floor, Open Concept, Combined W/Dining |
| Kitchen | 2nd | 9.68' x 13.98' | Vinyl Floor, Open Concept, Stainless Steel Appl |
| Prim Bdrm | 2nd | 8.99' x 13.29' | Vinyl Floor, Closet |
| 2nd Br | 2nd | 8.99' x 11.68' | Vinyl Floor, Closet |
| Living | Lower | 10.07' x 21.98' | Vinyl Floor, Open Concept |
| Kitchen | Lower | 11.68' x 8.99' | Vinyl Floor, Open Concept, Stainless Steel Appl |
| Prim Bdrm | Lower | 7.97' x 9.97' | Vinyl Floor, Closet |
| 2nd Br | Lower | 7.97' x 9.97' | Vinyl Floor, Closet |
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Toronto Market Statistics
Toronto Price Trend
11 Dennis Ave is a 4-bedroom 3-bathroom home listed for sale at $1,579,900, which is $507,052 (24.3%) lower than the average sold price of $2,086,952 in the last 30 days (April 2 - May 1). During the last 30 days the average sold price for a 4 bedroom home in Toronto increased by $44,081 (2.2%) compared to the previous 30 day period (March 3 - April 1) and up $23,774 (1.2%) from the same time one year ago.Inventory Change
There were 629 4-bedroom homes listed in Toronto over the last 30 days (April 2 - May 1), which is up 45.3% compared with the previous 30 day period (March 3 - April 1) and up 18.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Toronto typically sold $18,520 (0.9%) above asking price over the last 30 days (April 2 - May 1), which represents a $1,601 decrease compared to the previous 30 day period (March 3 - April 1) and $48,055 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Toronto over the last 30 days (April 2 - May 1) stood at 51.4%, down from 54.7% over the previous 30 days (March 3 - April 1) and down from 59.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Toronto stood at 15 days when successfully sold over the last 30 days (April 2 - May 1), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Real Estate Services Ltd.
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