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:52316)
FOREST HILL REAL ESTATE INC.
$1,600,000
16 JOHN BEST AVENUE, Toronto, Ontario
6 Bedrooms
6 Bathrooms
Property
MLS® Number: W12421074
Address: 16 JOHN BEST AVENUE
City: Toronto
Style: Raised bungalow
Exterior: Brick
Utilities
Heating: Heat Pump, Not Known, Electric, Natural Gas
Parking
Parking Spaces: 4
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Property Sale History
Travel and Neighbourhood
90/100Walk Score®
Walker's Paradise
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Location
