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:61852)
| MLS® Number | W12696312 |
| Property Type | Multi-family |
| Neigbourhood | New Toronto |
| Community Name | New Toronto |
| AmenitiesNearBy | Park, Place Of Worship, Public Transit, Schools |
| EquipmentType | Water Heater, Furnace |
| Features | Carpet Free |
| ParkingSpaceTotal | 3 |
| RentalEquipmentType | Water Heater, Furnace |
| BathroomTotal | 3 |
| BedroomsAboveGround | 6 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 8 |
| Amenities | Separate Electricity Meters |
| Appliances | Dryer, Microwave, Stove, Washer, Refrigerator |
| BasementFeatures | Apartment In Basement, Separate Entrance |
| BasementType | N/a, N/a |
| CoolingType | Window Air Conditioner |
| ExteriorFinish | Brick |
| FireProtection | Smoke Detectors |
| FlooringType | Laminate, Vinyl |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Radiant Heat |
| StoriesTotal | 2 |
| SizeInterior | 1500 - 2000 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
| No Garage |
| Acreage | No |
| LandAmenities | Park, Place Of Worship, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 56 Ft |
| SizeFrontage | 32 Ft ,8 In |
| SizeIrregular | 32.7 X 56 Ft |
| SizeTotalText | 32.7 X 56 Ft |
| ZoningDescription | Residential Property With 3 Self-contained Units |
| 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 |
| Cable | Available |
| Electricity | Available |
| Sewer | Available |
https://www.realtor.ca/real-estate/29251136/101-sixteenth-street-toronto-new-toronto-new-toronto
Contact us for more information
Andrey Zibert
Salesperson
Victoria Zibert
Salesperson