6 Beds 6 Bath

16 John Best Avenue, Toronto W04, ON M9N 1C3

Toronto W04 M9N 1C3 Ontario

MLS: W12389656

$1,750,000

Added 1 day ago | For Sale

Listed by: FOREST HILL REAL ESTATE INC.

About Property

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.

Features

  • House Style:Triplex
  • Bathrooms:6
  • Land Size: 40 X 125
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Jane / Lawrence
  • Basement:Finished with Walk-Out , Finished with Walk-Out
  • Possession Date:
  • Annual Property taxes: $5188.12
  • Bedrooms:6
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Heat Pump
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:W12389656

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
Get in Touch

By proceeding, you consent to receive calls and texts at the number you provided.

Powered by AgentEdge Inc

Terms & Conditions Privacy Policy

© Copyright All Rights Reserved.