$1,199,000Asking Price
101 Sixteenth Street, Toronto W06, ON M8V 3J9
New Toronto, 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 2,000 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.
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.
See MoreKey Info
- 2-Storey Triplex
- 3 Parking
- No Garage
- Lakeshore / Sixteenth St.
- 1500-2000 Approximate Sq Feet
- No Ensuite Laundry
- Radiant Gas Heating
- No A/C
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 #W13036836
- 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 | |||
How Far is Too Far?
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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.
