43.5998° N · 79.5153° W — New Toronto, Toronto — MLS® #W13880122
23 Sixteenth St
$1,078,000
New Toronto, Toronto, Ontario M8V 3J7
- 5
- BedroomsBeds
- 4
- BathroomsBaths
- 1500-2000 sqft1500-2000
- SizeSq ft
- 40 x 120 ft
- Lot sizeLot
Inquire about this listing
In short · from the listing record
23 Sixteenth St is a 5-bedroom, 4-bathroom detached house in New Toronto, Toronto, listed for sale at an asking price of $1,078,000 (MLS® W13880122).
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 readings
How it measures up
Scores from the listing record and the market around it.
78Good
Condition score
2 documented update signals
Listing age, structured features and disclosed update language; not an inspection.
56Near break-even
Cash flow quality
−$219/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Median of 128 detached homes with 5 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The data table
Every fact
Everything the board publishes for this home.
- Tax
- $3,597 / 2025
- MLS® number
- W13880122
- Board
- TRREB MLS®
- Property Type
- Detached
- Time on market
- Size
- 1500-2000 sqft
- Lot Size
- 40 x 120 ft
- Listed on
- Parking
- None, 4 Parking
Listing history
Listing activity for 23 Sixteenth St, Toronto, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,078,000 | N/A | For Sale | W13880122 |
Inside
Room by room
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- New Toronto
- Municipality
- Toronto
Building
- Size
- 1500-2000 sqft
- Construction
- Stucco/Plaster
Inside
- Bedrooms
- 5
- Bathrooms
- 4
- Bathroom Details
- 1 × 2pc Ground, 1 × 3pc 2nd, 1 × 3pc Ground, 1 × 3pc Lower
- Basement Type
- Apartment
- Kitchens
- 3
Parking
- Driveway
- Available
- Garage Type
- None
- Additional Parking
- 4
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- Wall Unit
- Heating Type
- Heat Pump
Land
- Sewer
- Sewers
- Frontage
- 40 ft
- Depth
- 120 ft
- Lot Size
- 40 x 120 ft
Where it sits
The street and the area
Asking prices on the map.
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Mimico GO | GO Transit train: Lakeshore West | 2.3 km |
| Long Branch GO | GO Transit train: Lakeshore West | 2.7 km |
| Kipling Station | TTC subway: Line 2 Bloor-DanforthGO Transit train: Milton | 4.5 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Around it
Detached in New Toronto
Active listings only, today.
Detached homes for sale in New Toronto right now
- For sale now
- 21
- Median asking price
- $1.45M
- New in 7 days
- 2
- Price cuts
- 19%
Middle half: $1M to $1.83M
9 in 28 days
4 listings
This home is asking 26% below the median.
See all homes in New TorontoAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Site report
What the record says
What the City and the conservation authority have on file for this address.
- Heritage and ravineNone foundNot found on the Heritage Register
- Heritage and ravineNone foundNot in a mapped Heritage Conservation District
- Heritage and ravineNone foundNot in the mapped ravine protection area
- ZoningRM (u4; d0.6) (x23)Residential Multiple Dwelling zone (RM) · Chapter 10, section 10.80 of By-law 569-2013 · Exception 900.6.10(23)
- Permits4 clearedBuilding Permit Related (DR) Issued September 25, 2024 · New Building Issued September 25, 2024 · Building Permit Related(PS) Issued September 25, 2024 · Demolition Issued September 25, 2024
- Signals nearby6 to note3199 LAKE SHORE BLVD W, Site plan, 490 m away · 124 BIRMINGHAM ST, Site plan, 610 m away · 0 LAKE SHORE BLVD W, Site plan, 650 m away · 2970 LAKE SHORE BLVD W, Official plan or zoning amendment, 750 m away · 99 BIRMINGHAM ST, Official plan or zoning amendment, 750 m away · 45 TWENTY THIRD ST, Site plan, 760 m away
- ca regulatedNone in rangeNot in Toronto and Region Conservation Authority’s mapped regulated area
- provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- wetlandNone in rangeNo mapped wetland within 120 m
- aggregateNone in rangeNo licensed pit or quarry within 2 km
- wellsNone in rangeNo recorded oil, gas or salt well within 250 m
- railOn recordNearest rail line: 590 m
- trailOn recordA trail on the Ontario trail network within 1 km
- permitsOn record50 building permits issued within 250 m in the last 2 years
- airportOn recordNearest airport: 9.3 km
- parcelOn recordMapped parcel: about 3,440 sq ft Measured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.
- water wellsNone in rangeNo water-supply well recorded within 250 m 6 test or monitoring holes also recorded.
- npriOn record2 facilities within 1 km report pollutant releases to Environment Canada The nearest is City of Toronto — R.L. Clark Filtration Plant, 760 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
- fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
- electricityOn recordElectricity is distributed here by Toronto Hydro-Electric System Limited
- internet speedOn recordWired internet 50/10 Mbps or faster is listed at this location Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Toronto and Region Conservation Authority or the record’s publisher.
City of Toronto Open Data and zoning map, read at this address. Contains information licensed under the Open Government Licence – Toronto. City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Lot
- Lot area
- 4,800 sq ft446 m²
- Street frontage
- 40 ft12.2 m
- Depth
- 120 ft36.6 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land transfer tax on this home
- Ontario land transfer tax
- $18,035
- Toronto municipal land transfer tax
- $18,035
- Total land transfer tax
- $36,070
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $27,595
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,078,000
- $13,560
- Ontario total
- $18,035
Toronto’s municipal tax uses the same brackets at this price, so it adds another $18,035.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools
Nearest schools
Straight-line distances. Check catchments with the board.
ElementaryEQAO average 2024–25
- The Holy Trinity Catholic SchoolToronto CDSBCatholic · grades JK–880%Grade 6 average300 m
- Twentieth Street Junior SchoolToronto DSBPublic · grades JK–570%Grade 3 average400 m
- Seventh Street Junior SchoolToronto DSBPublic · grades JK–573%Grade 3 average900 m
- École élémentaire Micheline-Saint-CyrConseil scolaire ViamondeFrench-language public · grades JK–676%Grade 6 average2.6 km
SecondaryGrade 9 math 2024–25
- Lakeshore Collegiate InstituteToronto DSBPublic · grades 9–12 · French Immersion42%Grade 9 math350 m
- Father John Redmond Catholic Secondary SchoolToronto CDSBCatholic · grades 9–1275%Grade 9 math600 m
- Etobicoke School of the ArtsToronto DSBPublic · grades 9–1268%Grade 9 math3.6 km
- ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–1269%Grade 9 math8.4 km
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Searches this home is in
Keep looking
The ledger
What it costs to own
Worked out for this home. Change any number.
A month, all in
$5,219
- Mortgage$4,919
- Property tax$300
A planning figure, not a quote.
Land transfer tax
$36,070
$27,595 for first-time buyers; Toronto adds its own tax.
Rent, similar homes
$5,000
a month, median asking rent of 128 similar homes in Toronto.
Community
Who lives around it
Similar homes
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Shemeer AhmadVALERY REAL ESTATE INC.
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