$1,199,000
FOR SALE

Triplex 2-Storey

Bedrooms: 8Bathrooms: 3Lot: 32.67 x 56 ft
2025 Taxes: $5,082.55

101 Sixteenth St
Toronto, ON M8V 3J9 | New Toronto

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.
Extras
Separate Hydro Meter, Carpet Free
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Listed By RIGHT AT HOME REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W13036836
Last Updated May 08, 2026
Property Summary
Property Type Triplex

More like this:
PIN 076000141
Legal Description PCL 141-3, SEC M362 ; PT LT 141, PL M362
Possession Date 30-60 Days/Tba
Taxes (2025) $5,082.55
Directions/Cross Streets Lakeshore / Sixteenth St.
Neighbourhood New Toronto
Area Toronto
Price History

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Detailed Information
Fronting On South
Special Designations Unknown
Bedrooms 8
Bathrooms 3
Rooms 14
Lot 32.67 x 56 ft
Exterior Brick
Air Conditioning None
Basement Apartment, Separate Entrance
Garage Type None
Parking Spaces 3
Heat Source Gas
Heat Type Radiant
Sewers Sewer

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