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$ 1,600,000
Est. payment /mo
Active
16 JOHN BEST AVENUE Toronto (brookhaven-amesbury), ON M9N1C3
6 Beds
6 Baths
700 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 700 sqft
Price per Sqft $2,285
Subdivision Brookhaven-Amesbury
MLS® Listing ID W12421074
Style Raised bungalow
Bedrooms 6
Source Toronto Regional Real Estate Board
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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Heat Pump
Cooling Wall unit
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 1
Sewer Sanitary sewer
Architectural Style Raised bungalow
Listed by FOREST HILL REAL ESTATE INC.
