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16 John Best Avenue, Toronto W04, ON M9N 1C3
Toronto W04, ON, M9N 1C3
MLS® Number : W12389656
6 Beds / 6 Baths / 4 Parking
Lot Front: 40 Feet / Lot Depth: 125 Feet
Description
Exceptional investment opportunity! This fully renovated triplex generates nearly $120,000 in annual income, offering a strong cap rate of over 6%. Each of the three units is thoughtfully designed as a spacious 2-bedroom, 2-bath layout, with modern finishes and updated systems for peace of mind. Accessibility is prioritized with elevator access and barrier-free design, making the suites highly desirable for long-term tenants. Currently leased to reliable occupants, this property ensures stable cash flow and minimal vacancy risk. A rare chance to secure a turnkey multi-residential asset with proven performance and significant upside in a growing rental market.
Extras
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Property Type
Triplex
Neighbourhood
Brookhaven-Amesbury
Garage Spaces
4
Property Taxes
$ 5,188.12
Area
Toronto
Additional Details
Building
Bedrooms
6
Bathrooms
6
Utilities
Water
Municipal
Sewer
Sewer
Features
Kitchen
3
Family Room
No
Basement
Finished with Walk-Out
Fireplace
No
External Features
External Finish
Brick
Property Features
Cooling And Heating
Cooling Type
Wall Unit(s)
Heating Type
Heat Pump
Bungalows Information
Days On Market
0 Days
Rooms
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