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:15069)
| MLS® Number | W13036836 |
| Property Type | Multi-family |
| Neigbourhood | New Toronto |
| 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 |
| 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 |
| No Garage |
| 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 |
| 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/29648311/101-sixteenth-street-toronto-new-toronto-new-toronto
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