Free account required
Unlock the full potential of your property search with a free account! Here's what you'll gain immediate access to:
- Exclusive Access to Every Listing
- Personalized Search Experience
- Favorite Properties at Your Fingertips
- Stay Ahead with Email Alerts
$1,600,000
16 JOHN BEST AVENUE
Toronto, Ontario, Ontario, M9N1C3
MLS® Number: W12421074
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.
Building information
Type
*****
Age
*****
Appliances
*****
Architectural Style
*****
Basement Development
*****
Basement Features
*****
Basement Type
*****
Cooling Type
*****
Exterior Finish
*****
Foundation Type
*****
Heating Fuel
*****
Heating Type
*****
Size Interior
*****
Stories Total
*****
Utility Water
*****
Land information
Sewer
*****
Size Depth
*****
Size Frontage
*****
Size Irregular
*****
Size Total
*****
Courtesy of FOREST HILL REAL ESTATE INC.
Book a Showing for this property
Please note that filling out this form you'll be registered and your phone number without the +1 part will be used as a password.
Similar properties
This REALTOR.ca listing content is owned and licensed by
REALTOR® members of
The Canadian Real Estate Association.