101 Sixteenth Street, Toronto
101 Sixteenth Street in Toronto - 8 bedroom, 3 bathroom. Sold for $1,110,000. Listed at $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 2,500 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.
Property Details
- Property Type: Mortgage
- Style: 2-Storey
- Square Footage: 1750 sqft
- Basement: Apartment
- Heating: Gas
- Cooling: None
- Parking: 3 spaces
- Property Taxes: $5,082.55/yr
- Neighbourhood: New Toronto
- Postal Code: M8V 3J9
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