11 Dennis Avenue, Toronto W04
Toronto W04
$1,439,900
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Investment Analysis
Key Facts
Type
Triplex
Bedrooms
6
Bathrooms
3
Days on Market
87
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
Estimated per-unit rents for triplex based on GTA rental market data
Remarks
A rare opportunity to purchase this high-performing LEGAL triplex just steps away from the Mount Dennis super transit hub. With an average 8.54% 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 NEWLY PAVED 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 neighbourhood shopping, this central location ensures low vacancy and high-calibre tenants.
MississaugaInvestor.ca
11 Dennis Avenue
Triplex · 6bd/3ba · ~1,750 sqft
$1,439,900
Cash-Flow Report · August 1, 2026
Cap Rate
2.85%
Monthly Cash Flow
-$3,208/mo
Estimated Rent
$6,300/mo
Cash-on-Cash
-12.17%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$6,300 |
| Mortgage | −$6,628 |
| Property Tax | −$1,140 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,200 |
| Vacancy (5%) | −$315 |
| Cash Flow | -$3,208/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$75,600 |
| Vacancy (5%) | −$3,780 |
| Property Tax | −$13,679 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$14,399 |
| Annual NOI | $41,042 |
| Cap Rate | 2.85% |
Cash Required to Close
| Down Payment (20%) | $287,980 |
| Ontario Land Transfer Tax | $25,273 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $316,253 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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