101 Sixteenth Street, New Toronto M8V 3J9

Description

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.