33
16 John Best Avenue
$1,750,000 Sale
Listed 8 hours ago
· 6
· 6
· 4
· 700-1100
Key Facts
Key facts for 16 John Best Avenue
Property Type
Apartment, Bungalow-Raised
Parking
None 0 garage, 4 parking
MLS #
W12389656
Size
700-1100 sqft
Basement
Finished with Walk-Out
Listed on
2025-09-08
Lot size
40 x 125.0
Tax
$5,188.12 /yr
Days on Market
1
Approximate Age
0-5
Maintenance Fee
-
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. Acc...essibility 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.
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Courtesy of: FOREST HILL REAL ESTATE INC.