16 John Best Avenue

Toronto, ON M9N 1C3 ( Brookhaven-Amesbury)

Quick Facts

Type: Triplex

Style: Bungalow-Raised

Size: Sq Ft

Age: Years

Taxes: $ 5,188 ( 2025)

Updated: 2025-09-08 20:09:29

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.

Extras

Triplex

Property

Status: For Sale

MLS #: W12389656

Price: $ 1,750,000

Address: 16 John Best Avenue

Type:

Style: Bungalow-Raised

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 5,188

Tax Year: 2025

Lot Size:

Neighbourhood: Brookhaven-Amesbury

Nearest Intersection: Jane / Lawrence

City: Toronto

Postal Code: M9N 1C3

DOM: 3 Days

Last Update: 2025-09-08 20:09:29

Building

Interior

Bedrooms: 6

Bathrooms: 6

Rooms: 4

Kitchens: 3

Family Room:

Fireplace:

Basement: Finished with Walk-Out,

Central Vacuum:

Exterior

Exterior: Brick,

Driveway:

Garage: Private

Garage Spaces:

Parking Spaces: 4.00

Pool:

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Heat Pump

Heat Source: Gas

Air Conditioning: Wall Unit(s)

Water:

Sewers:

Features

Rooms