6 Bedroom
6 Bathroom
700 - 1,100 ft2
Raised Bungalow
Wall Unit
Heat Pump, Not Known
$1,600,000
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:61594)
Property Details
|
MLS® Number
|
W12421074 |
|
Property Type
|
Multi-family |
|
Community Name
|
Brookhaven-Amesbury |
|
Features
|
Wheelchair Access |
|
Parking Space Total
|
4 |
Building
|
Bathroom Total
|
6 |
|
Bedrooms Above Ground
|
6 |
|
Bedrooms Total
|
6 |
|
Age
|
0 To 5 Years |
|
Appliances
|
Dishwasher, Dryer, Stove, Washer, Refrigerator |
|
Architectural Style
|
Raised Bungalow |
|
Basement Development
|
Finished |
|
Basement Features
|
Walk Out |
|
Basement Type
|
N/a (finished) |
|
Cooling Type
|
Wall Unit |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Concrete |
|
Heating Fuel
|
Electric, Natural Gas |
|
Heating Type
|
Heat Pump, Not Known |
|
Stories Total
|
1 |
|
Size Interior
|
700 - 1,100 Ft2 |
|
Type
|
Triplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
125 Ft |
|
Size Frontage
|
40 Ft |
|
Size Irregular
|
40 X 125 Ft |
|
Size Total Text
|
40 X 125 Ft |
|
Zoning Description
|
Residential |
Utilities
|
Cable
|
Installed |
|
Electricity
|
Installed |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/28900803/16-john-best-avenue-toronto-brookhaven-amesbury-brookhaven-amesbury