$1,248,800Asking Price
101 Sixteenth Street, Toronto W06, ON M8V 3J9
New Toronto, Toronto
Turnkey, Fully Renovated from top to bottom, this outstanding Triplex is located in the Highly Sought-after South Etobicoke Neighbourhood. The property features 3 Self-contained units: Two spacious 3-bedroom units and One 2-bedroom unit, offering Approximately 2,000 sq. ft. of Total Living Space. Each unit showcases a brand-new modern kitchen, new 4-piece bathroom, new flooring throughout, and new appliances including fridge, stove, and microwave. Large windows in every unit provide abundant natural light. A shared coin-operated laundry is conveniently located on the lower level. The property includes 3 outdoor parking spaces, one dedicated to each unit. Tenants pay their own hydro, making this an easy-to-manage, low-maintenance investment with strong market rent potential. Ideally situated close to public transit, major highways, grocery stores, and everyday amenities, this location continues to benefit from strong rental demand and long-term area growth. Fully vacant, this triplex offers the rare opportunity to hand-pick quality tenants and maximize returns from day one. Perfect for investors seeking a reliable income stream and a hassle-free, long-term addition to their portfolio. Brand New 4-Hot water tanks, 1-Heat Boiler System (2023). **Don't Miss This Rare Opportunity!**
Turnkey, Fully Renovated from top to bottom, this outstanding Triplex is located in the Highly Sought-after South Etobicoke Neighbourhood. The property features 3 Self-contained units: Two spacious 3-bedroom units and One 2-bedroom unit, offering Approximately 2,000 sq. ft. of Total Living Space. Each unit showcases a brand-new modern kitchen, new 4-piece bathroom, new flooring throughout, and new appliances including fridge, stove, and microwave. Large windows in every unit provide abundant natural light. A shared coin-operated laundry is conveniently located on the lower level. The property includes 3 outdoor parking spaces, one dedicated to each unit. Tenants pay their own hydro, making this an easy-to-manage, low-maintenance investment with strong market rent potential. Ideally situated close to public transit, major highways, grocery stores, and everyday amenities, this location continues to benefit from strong rental demand and long-term area growth. Fully vacant, this triplex offers the rare opportunity to hand-pick quality tenants and maximize returns from day one. Perfect for investors seeking a reliable income stream and a hassle-free, long-term addition to their portfolio. Brand New 4-Hot water tanks, 1-Heat Boiler System (2023). **Don't Miss This Rare Opportunity!**
See MoreKey Info
- 2-Storey Triplex
- 3 Parking
- No Garage
- Kipling/Lakeshore
- 1500-2000 Approximate Sq Feet
- No Ensuite Laundry
- Radiant Gas Heating
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $5,082 in 2025
- Possession: 30-60 Days/TBA
Details
- Brick Exterior
- No Fireplace
- 3 Kitchens
- MLS #W12696312
- RIGHT AT HOME REALTY
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 8.37' x 7.25' | Laminate, Combined with Living, Modern Kitchen |
| 2 | Kitchen | Lower | 8.30' x 7.19' | Laminate, Combined with Living, Modern Kitchen |
 | 1 4-Piece Bathroom on Lower | |||
| 1 4-Piece Bathroom on Main Floor | |||
| 1 4-Piece Bathroom | |||
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Who lives here?
New Toronto, Toronto is a west Toronto neighbourhood notable for its singles, renters, executives, education, law & public sector professionals, salespeople and tradespeople. Residents tend to be older with a significant number of babies, youth aged 20 to 24, adults aged 40 to 44, 40 to 44, 40 to 44 and 40 to 44 and seniors aged 65 to 69.
Families
Kids Per Family
1.1
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
57%
of residents are
single and loving it.
57% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
58%
of residents
are renters.
58% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
39%
of residents are
university grads.
39% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$95K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 16% |
| Business | 10% |
| Government | 9% |
| Trades | 8% |
| Management | 7% |
Immigrants
37%
of residents were
born outside of Canada.
37% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
4.2% from Caribbean
All-time
Birthplace - Recent
0.6% from Philippines
Recent
Foreign Languages
Foreign Languages
| Polish | 5% |
| Tagalog | 3% |
| Spanish | 2% |
| French | 2% |
| Ukrainian | 2% |
Religions
Religions
| Christian | 66% |
| Muslim | 5% |
| Hindu | 3% |
| Buddhist | 1% |
| Jewish | 1% |
Social Housing
Social Housing Buildings
2
Social housing buildings
in the neighbourhood.
Shelters
Shelters
1
Homeless shelters in
the neighbourhood.
