$1,750,000
About this Triplex
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.
Listed by FOREST HILL REAL ESTATE INC..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Brampton Real Estate Board, Durham Region Association of REALTORS®, Mississauga Real Estate Board, The Oakville, Milton and District Real Estate Board and the Toronto Real Estate Board which assumes no responsibility for its accuracy.
Features
- MLS®: W12389656
- Type: Triplex
- Building: 16 John Best Avenue, Toronto
- Bedrooms: 6
- Bathrooms: 6
- Square Feet: 700 sqft
- Lot Size: 5,000 sqft
- Frontage: 40.00 ft
- Depth: 125.00 ft
- Taxes: $5,188.12 (2025)
- Parking: 4 Parking(s)
- Basement: Finished with Walk-Out
- Year Built: 2020
- Style: Bungalow-Raised
