8 Bedroom
3 Bathroom
1,500 - 2,000 ft2
Window Air Conditioner
Radiant Heat
$1,248,800
Turnkey, Fully Renovated from top to bottom, this outstanding Triplex is located in the Highly Sought-after South Etobicoke Neighbourhood. The property features 3 Self-contained units: Two spacious 3-bedroom units and One 2-bedroom unit, offering Approximately 2,000 sq. ft. of Total Living Space. Each unit showcases a brand-new modern kitchen, new 4-piece bathroom, new flooring throughout, and new appliances including fridge, stove, and microwave. Large windows in every unit provide abundant natural light. A shared coin-operated laundry is conveniently located on the lower level. The property includes 3 outdoor parking spaces, one dedicated to each unit. Tenants pay their own hydro, making this an easy-to-manage, low-maintenance investment with strong market rent potential. Ideally situated close to public transit, major highways, grocery stores, and everyday amenities, this location continues to benefit from strong rental demand and long-term area growth. Fully vacant, this triplex offers the rare opportunity to hand-pick quality tenants and maximize returns from day one. Perfect for investors seeking a reliable income stream and a hassle-free, long-term addition to their portfolio. Brand New 4-Hot water tanks, 1-Heat Boiler System (2023). **Don't Miss This Rare Opportunity!** (id:49907)
Property Details
|
MLS® Number
|
W12696312 |
|
Property Type
|
Multi-family |
|
Community Name
|
New Toronto |
|
Amenities Near By
|
Park, Place Of Worship, Public Transit, Schools |
|
Equipment Type
|
Water Heater, Furnace |
|
Features
|
Carpet Free |
|
Parking Space Total
|
3 |
|
Rental Equipment Type
|
Water Heater, Furnace |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Above Ground
|
6 |
|
Bedrooms Below Ground
|
2 |
|
Bedrooms Total
|
8 |
|
Amenities
|
Separate Electricity Meters |
|
Appliances
|
Dryer, Microwave, Stove, Washer, Refrigerator |
|
Basement Features
|
Apartment In Basement, Separate Entrance |
|
Basement Type
|
N/a, N/a |
|
Cooling Type
|
Window Air Conditioner |
|
Exterior Finish
|
Brick |
|
Fire Protection
|
Smoke Detectors |
|
Flooring Type
|
Laminate, Vinyl |
|
Foundation Type
|
Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Radiant Heat |
|
Stories Total
|
2 |
|
Size Interior
|
1,500 - 2,000 Ft2 |
|
Type
|
Triplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Park, Place Of Worship, Public Transit, Schools |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
56 Ft |
|
Size Frontage
|
32 Ft ,8 In |
|
Size Irregular
|
32.7 X 56 Ft |
|
Size Total Text
|
32.7 X 56 Ft |
|
Zoning Description
|
Residential Property With 3 Self-contained Units |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Bedroom 3 |
2.99 m |
2.68 m |
2.99 m x 2.68 m |
|
Second Level |
Living Room |
4.79 m |
4.29 m |
4.79 m x 4.29 m |
|
Second Level |
Kitchen |
2.55 m |
2.21 m |
2.55 m x 2.21 m |
|
Second Level |
Primary Bedroom |
3.74 m |
2.65 m |
3.74 m x 2.65 m |
|
Second Level |
Bedroom 2 |
3.62 m |
2.65 m |
3.62 m x 2.65 m |
|
Lower Level |
Living Room |
4.75 m |
4.25 m |
4.75 m x 4.25 m |
|
Lower Level |
Kitchen |
2.53 m |
2.19 m |
2.53 m x 2.19 m |
|
Lower Level |
Primary Bedroom |
2.75 m |
2.62 m |
2.75 m x 2.62 m |
|
Lower Level |
Bedroom 2 |
2.88 m |
2.58 m |
2.88 m x 2.58 m |
|
Lower Level |
Laundry Room |
3.35 m |
2.65 m |
3.35 m x 2.65 m |
|
Main Level |
Living Room |
4.79 m |
4.29 m |
4.79 m x 4.29 m |
|
Main Level |
Kitchen |
2.55 m |
2.21 m |
2.55 m x 2.21 m |
|
Main Level |
Primary Bedroom |
3.74 m |
2.65 m |
3.74 m x 2.65 m |
|
Main Level |
Bedroom 2 |
3.62 m |
2.65 m |
3.62 m x 2.65 m |
|
Main Level |
Bedroom 3 |
2.99 m |
2.68 m |
2.99 m x 2.68 m |
Utilities
|
Cable
|
Available |
|
Electricity
|
Available |
|
Sewer
|
Available |
https://www.realtor.ca/real-estate/29251136/101-sixteenth-street-toronto-new-toronto-new-toronto