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About the Listing 631927 -
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.
Listing Highlights for 16 John Best Ave
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
W12389656
Year Built
Total Square Footage
700
Lot/Acreage
N/A
Interior Details
- Bedrooms: 6
- Bathrooms: 6 Full
- Appliances:
- Air Cond: Wall Unit(s)
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished with Walk-Out
- Other: Wheelchair Access
- Water:
Exterior Details
- Garage Capacity: 1 car
- Roof: Shingles
- Others:
- Sewer: Sewer
- Parking Features: Private
Financial Details
- Tax Amount: $5,188
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Listing Location
Questions About..
16 John Best Ave Toronto, ON M9N 1C3
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