16 John Best Avenue, Toronto (Brookhaven-Amesbury), ON M9N1C3
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Listing Type
Multi Family
Listing Status
active
33
$1,750,000
Home Details for 16 John Best Avenue
Price
$1,750,000
Type
Residential Income
Bedrooms
6
Bathrooms
6.0
Square feet
NaN
Parking
Days on site
6
Listing #
W12389656
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. (id:31684)
Property Features
Heating Information
Heat Pump
Natural Gas
Cooling Information
Wall Unit(s)
Listing Courtesy: FOREST HILL REAL ESTATE INC.
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Market statistics compiled from data from Canadian Real Estate Association.