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    For Sale - 23 Sixteenth Street, Toronto, Ontario

    Est payment $5,176/mo
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    Views   1
    Time on Jump  1 days

    AI Summary *

    • Fully renovated property on a large 40 x 120 ft lot.
    • Configured for three self-contained living spaces for versatility.
    • Great income potential from multiple units for investors or families.
    • Modern finishes throughout ensure low-maintenance living.
    • Conveniently located near shops, schools, parks, and transit.




    Welcome to 23 sixteenth street, a fully renovated and turnkey property set on an exceptionally wide 40 x 120 ft lot in a highly desirable south etobicoke neighbourhood. Offering impressive flexibility, modern finishes and strong income potential, this is an excellent opportunity for investors, multi-generational families or end-users looking to offset carrying costs with rental income. The home is currently configured as three self-contained living spaces. Unit a offers 2 bedrooms, 2 bathrooms and a full kitchen. Unit b features 2 bedrooms, 1 bathroom and a kitchen, while unit c offers 1 bedroom, 1 bathroom and its own kitchen. In total, the property provides 5 bedrooms, 4 bathrooms and 3 kitchens. Each unit is equipped with its own electrical sub-panel and independently controlled heating and cooling, adding convenience, functionality and greater separation between living spaces. Fully renovated throughout, the home offers a fresh, modern and low-maintenance living environment for both owners and tenants. Live in one unit while generating income from the others, accommodate extended family, or utilize the entire property as an income-producing investment. A major highlight is the impressive 40-ft frontage and generous 120-ft depth, offering a substantial lot that is difficult to find in the area. The property may also offer future potential for additional living space, additional residential units or a garden suite, subject to zoning, permits, municipal approvals and buyer due diligence. Ideally located within walking distance of shops, schools, restaurants, parks, lake ontario, beaches and public transit, with convenient access in and out of the city. A rare opportunity combining a substantial lot, turnkey condition, multiple living spaces, rental potential and long-term possibilities in one of south etobicoke's established lakeside communities.
    Listing IDW13880122
    Address23 Sixteenth Street
    CityToronto, Ontario
    Price$1,078,000
    Bed / Bath5 / 4 Full
    Style2-Storey, Detached
    ConstructionStucco (Plaster)
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features NoneOwnership FreeholdBasement ApartmentFoundation ConcreteHeating / Cooling Heat PumpHeating Fuel OtherSewer Sewer

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    Listing Brokerage: RE/MAX REALTRON REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    23 Sixteenth Street
    Toronto , Ontario
    5 4 $1,078,000
    Get more info