8 Bedroom
3 Bathroom
1,500 - 2,000 sqft
None
Radiant Heat
$1,199,000
This turnkey, Fully Renovated from top to bottom Triplex in Highly Sought-after South Etobicoke presents an exceptional investment opportunity. Featuring a Brand-New Roof (April 2026). Offering approximately 2,000 sq. ft. of total living space, this property features three self-contained units: two spacious 3-bedroom suites and one 2-bedroom unit. Each unit has been completely updated with brand-new modern kitchens, 4-piece bathrooms, new flooring, and all-new appliances, all flooded with abundant natural light. The property boasts significant recent upgrades, including a 2023 heat boiler system and four new hot water tanks. Additional amenities include a shared coin-operated laundry on the lower level and three dedicated outdoor parking spaces. With tenants paying their own hydro, this is a low-maintenance, high-yield asset. Ideally situated near public transit, major highways, grocery stores, and local amenities, this fully vacant triplex allows you to hand-pick quality tenants and maximize returns from day one. Do not miss this rare opportunity to add a reliable, income-generating property to your portfolio. (id:50787)
Property Details
|
MLS® Number
|
W13036836 |
|
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, Window Coverings, Refrigerator |
|
Basement Features
|
Apartment In Basement, Separate Entrance |
|
Basement Type
|
N/a, N/a |
|
Cooling Type
|
None |
|
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 Sqft |
|
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 ; Lot Size: 32.67 X 56 Feet |
|
Size Total Text
|
32.7 X 56 Ft ; Lot Size: 32.67 X 56 Feet |
|
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/29648311/101-sixteenth-street-toronto-new-toronto-new-toronto