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$ 1,750,000
Est. payment /mo
New
16 John Best AVE Toronto W04, ON M9N 1C3
6 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Brookhaven-Amesbury
MLS Listing ID W12389656
Style Bungalow-Raised
Bedrooms 6
Building Age 0-5
Annual Tax Amount $5,188
Tax Year 2025
Property Sub-Type Triplex
Property 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.
Location
Province ON
County Toronto
Community Brookhaven-Amesbury
Area Toronto
Rooms
Family Room No
Basement Finished with Walk-Out
Kitchen 3
Interior
Interior Features Wheelchair Access
Heating Yes
Cooling Wall Unit(s)
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Shingles
Lot Frontage 40.0
Lot Depth 125.0
Total Parking Spaces 4
Building
Foundation Concrete
Others
Virtual Tour https://my.matterport.com/show/?m=qDqrGXUnUfX
Listed by FOREST HILL REAL ESTATE INC.
