A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 16 John Best Ave, Toronto Ontario M9N 1C3
Re-listed 11 days ago

16 John Best Ave, Toronto, Ontario M9N 1C3

Townhouse
6
6
~700-1100 sqft
$•••,•••
$1,600,000
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Townhouse
6
6
~700-1100 sqft

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Highlights

Property Estimate

Days on market11 days

Total days on market
26 days

Estimated valueNot available

Price/Sqft$1,870/sqft

Monthly cost

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CMA Subject Property

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+1

Properties sold*

$880K

Median sold price*

*Based on last 30 days

Description

Exceptional investment opportunity! This fully renovated triplex generates nearly $120,000 in annual income, offering a strong cap rate of over 6%. Each of the three units is thoughtfully designed as a spacious 2-bedroom, 2-bath layout, with modern finishes and updated systems for peace of mind. Accessibility is prioritized with elevator access and barrier-free design, making the suites highly desirable for long-term tenants. Currently leased to reliable occupants, this property ensures stable cash flow and minimal vacancy risk. A rare chance to secure a turnkey multi-residential asset with proven performance and significant upside in a growing rental market.


Property Details

StyleBungalow-Raised
View-
Age of property0-5
SqFt~700-1100 SqFt
Lot Size5,000 SqFt(125 x 40)
Parking Spaces4
MLS ®NumberW12421074
Community NameWeston
Data SourceTRREB
Listing byFOREST HILL REAL ESTATE INC.

Features

Heating: Heat Pump
Cooling: Wall Unit
Basement: Fin W/O

Features

Lot size: 5,000 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
11 days on market
history photo preview34
Listing by trreb®

Market Data - Weston

Geo Zone Map ThumbnailWeston

Balanced Market

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Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

34 days

Compared to

2024

37 days

2023

13 days

2022

0 day

New Listings

Past 30 days

3 listings

Compared to

2024

1 listing

2023

4 listings

2022

1 listing

Units sold

Past 30 days

1 unit

Compared to

2024

1 unit

2023

3 units

2022

0 unit

Median Sold Price

Past 30 days

$840,000

Compared to

2024

$879,999

2023

$860,000


Population and Demographics

Overview

Total population 24591
Average household income $104,799

Age (%)

0 to 19
21%
20 to 34
21%
35 to 49
20%
50 to 64
21%
65 and plus
16%

Household composition (%)

Single family
60%
Single person
33%
Multi person
6%
Multi family
1%

Mother tongue (%)

English
62%
Spanish
7%
Portuguese
7%
Italian
5%
Somali
4%
Others
3%
Vietnamese
3%
Tagalog (Pilipino, Filipino)
3%

House tenancy (%)

Renters
54%
Owners
46%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget