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16 John Best Avenue
Toronto
M9N 1C3
$1,750,000
Residential Freehold
beds: 6
baths: 6.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- W12389656
- Bedrooms:
- 6
- Bathrooms:
- 6
- Photos (33)
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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.
- Property Type:
- Residential Freehold
- Property Sub Type:
- Triplex
- Home Style:
- Bungalow-Raised
- Approx. Age:
- 0-5
- Total Approx Floor Area:
- 700-1100
- Depth:
- 125'
- Frontage:
- 40'
- Lot Details:
- 40.00 x 125.00 Feet
- Direction Faces:
- South
- Bedrooms:
- 6
- Bathrooms:
- 6.0
- Water supply:
- Municipal
- Kitchens:
- 3
- Bedrooms Above Grade:
- 6
- Kitchens Above Grade:
- 3
- # Main Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 0
- Rooms Above Grade:
- 3
- Rooms:
- 4
- Zoning:
- Residential
- Heating type:
- Heat Pump
- Heating Fuel:
- Gas
- Cooling:
- Yes
- Foundation:
- Concrete
- Roof:
- Shingles
- Basement:
- Finished with Walk-Out
- Fireplace/Stove:
- No
- Attached Garage:
- No
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Features:
- Private
- Parking Spaces:
- 4
- Total Parking Spaces:
- 4.0
- Family Room:
- No
- Pool:
- None
- HST Applicable To Sale Price:
- Included In
- Taxes:
- $5,188.12 / 2025
- Assessment:
- $- / -
- Toronto W04
- Brookhaven-Amesbury
- Toronto
- Wheelchair Access
- 3 fridges, 3 stoves, 3 dishwashers, 3 washer/dryer
- Brick
- Yes
- Bath Grab Bars, Elevator, Low Cabinetry, Wheelchair Access, Shower Stall
- UFFI:
- No
- Utilities Cable:
- Yes
- Utilities Hydro:
- Yes
- Utilities Water:
- Yes
- Sewers:
- Yes
- Special Designation:
- Accessibility
- Sewers:
- Sewer
- Air Conditioning:
- Wall Unit(s)
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Physically Handicapped-Equipped:
- Yes
- Ensuite Laundry:
- No
- Laundry Level:
- Main Level
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Virtual Tour
Listed by FOREST HILL REAL ESTATE INC.
Data was last updated September 9, 2025 at 06:15 AM (UTC)
- JIM STANTON
- SUTTON GROUP - HERITAGE REALTY INC. BROKERAGE
- 905-409-9967
- Contact by Email
- BEN STANTON
- SUTTON GROUP - HERITAGE REALTY INC. BROKERAGE
- 905-995-3372
- Contact by Email
Sutton Group-Heritage Realty Inc., Brokerage
300 Clements Rd. W
Ajax , ON L1S 3C6