16 John Best Ave

For Sale New 14 hours
$1,750,000
6 beds
6 baths

16 John Best Ave

For Sale New 14 hours
$1,750,000
6 beds
6 baths

Highlights

Key insights

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:63267)

JAY NUSBAUM of FOREST HILL REAL ESTATE INC.,
#W12389656
updated 14 hours ago.
Houseful checked MLS® for data 14 hours ago.

Home overview

Amenities / Utilities
  • Cooling
    Wall unit
  • Heat source
    Natural gas
  • Heat type
    Heat pump
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    1
  • # parking spaces
    4
Interior
  • # full baths
    6
  • # total bathrooms
    6.0
  • # of above grade bedrooms
    6
Location
  • Subdivision
    Brookhaven-amesbury
Overview
  • Lot size (acres)
    0.0
  • Listing #
    W12389656
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28832176/16-john-best-avenue-toronto-brookhaven-amesbury-brookhaven-amesbury
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-4,667

/ Month
25 Years fixed, 20% down payment, % interest
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