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43.73° N · 79.40° W — Toronto & nearby · 9,702 homes for sale today43.73° N · 79.40° W — 9,702 homes today(647) 554-7436Saved

43.6005° N · 79.5161° W — New Toronto, Toronto — MLS® #W13682280

48 Sixteenth St

$1,449,999

New Toronto, Toronto, Ontario M8V 3J8

2+2
BedroomsBeds
2
BathroomsBaths
700-1100 sqft700-1100
SizeSq ft
50.08 x 100.16 ft
Lot sizeLot

Inquire about this listing

ToShemeer AhmadVALERY REAL ESTATE INC.
Or call Shemeer Ahmad(647) 554-7436

In short · from the listing record

48 Sixteenth St is a 2+2-bedroom, 2-bathroom detached house in New Toronto, Toronto, listed for sale at an asking price of $1,449,999 (MLS® W13682280).

A rare 50 x 100 ft parcel in South Etobicoke, approved by the Committee of Adjustment to sever into two building lots, with a solid, income-producing bungalow already on the property. Owner occupied - no tenants. The opportunity is what makes this property so unique. Minor variance approvals are in place for two single-family detached homes, each with an attached garage and rear deck. Each lot is approved for a 1,902 sq ft home - 3,804 sq ft total above grade, plus finished basements and attached garages. The approved 0.78 FSI provides approximately 30% more house than the 0.60 base zoning allowance on each lot. The approved homes feature 3 bedrooms + 1 bedroom in the lower level (3+1) and 3.5 bathrooms. The second floor includes a primary bedroom with walk-in closet and ensuite, plus two additional bedrooms sharing a 4-piece bathroom. The main floor includes a powder room, while the lower level provides a fourth bedroom with a guest bathroom. A complete pre-development package is included, meaning much of the hard work is already done. The package includes issued-for-permit architectural drawings, structural engineering, HVAC design, survey, R-Plan, arborist report and tree permit, Stage 1-2 archaeological assessment, and 3D photorealistic renderings. Just minutes' walk to the lake and steps to Humber College, the waterfront and bike trails, with easy access to public transit and the Gardiner. Live in the existing bungalow, generate income, or build two new homes - the approvals and pre-development work are already in place. **Rendering Drawings to show example, some photos are virtually staged **

Listing readings

How it measures up

Scores from the listing record and the market around it.

  • 68Good

    Condition score

    6 condition-related facts documented

    Listing age, structured features and disclosed update language; not an inspection.

  • 19Shortfall

    Cash flow quality

    −$2,899/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Median of 200 detached homes with 4 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
$4,596 / 2026
MLS® number
W13682280
Board
TRREB MLS®
Property Type
Detached
Time on market
Size
700-1100 sqft
Lot Size
50.08 x 100.16 ft
Listed on
Parking
None, 6 Parking

Listing history

Listing activity for 48 Sixteenth St, Toronto, Ontario

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$1,449,999N/APcW13682280

Inside

Room by room

From the listing.

Main4 rooms
  • Kitchen3.49 × 3.91 m
  • Living4.24 × 4.77 m
  • Primary3.33 × 5.69 m
  • 2nd Br2.77 × 3.8 m
Bsmt4 rooms
  • Kitchen3.45 × 4.29 m
  • 3rd Br3.45 × 3.68 m
  • 4th Br2.86 × 3.44 m
  • Laundry3.57 × 7.0 m

Property

Property Type
Detached
Style
Bungalow
Community
New Toronto
Municipality
Toronto

Building

Size
700-1100 sqft
Construction
Stucco/Plaster

Inside

Bedrooms
2+2
Bathrooms
2
Bathroom Details
1 × 4pc Main, 1 × 3pc Bsmt
Basement Type
Separate Entrance
Kitchens
1

Parking

Driveway
Pvt Double
Garage Type
None
Additional Parking
6
Total Parking
6

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
50.08 ft
Depth
100.16 ft
Lot Size
50.08 x 100.16 ft

Where it sits

The street and the area

Asking prices on the map.

Map and tour

Transit nearby

StationLinesDistance
Mimico GOGO Transit train: Lakeshore West2.3 km
Long Branch GOGO Transit train: Lakeshore West2.6 km
Kipling StationTTC subway: Line 2 Bloor-DanforthGO Transit train: Milton4.4 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

Middle half: $1M to $1.83M

New in 7 days
2

9 in 28 days

Price cuts
19%

4 listings

This home is asking at the median.

See all homes in New Toronto

Asking 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)
  • PermitsNone on fileNo building permits on file at this address.
  • Signals nearby6 to note3199 LAKE SHORE BLVD W, Site plan, 500 m away · 0 LAKE SHORE BLVD W, Site plan, 570 m away · 124 BIRMINGHAM ST, Site plan, 630 m away · 260 EIGHTH ST, Site plan, 760 m away · 429 KIPLING AVE, Site plan, 770 m away · 99 BIRMINGHAM ST, Official plan or zoning amendment, 780 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: 510 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 5,010 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 9 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, 810 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 a household 60 m away Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (60 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
5,016 sq ft466 m²
Street frontage
50.08 ft15.3 m
Depth
100.16 ft30.5 m
50.08 × 100.16 ftSIXTEENTH ST

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 GeoWarehouse.

Land transfer tax on this home

Ontario land transfer tax
$25,475
Toronto municipal land transfer tax
$25,475
Total land transfer tax
$50,950
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$42,475
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 $1,449,999
$21,000
Ontario total
$25,475

Toronto’s municipal tax uses the same brackets at this price, so it adds another $25,475.

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 average350 m
  • Twentieth Street Junior SchoolToronto DSBPublic · grades JK–570%Grade 3 average400 m
  • Seventh Street Junior SchoolToronto DSBPublic · grades JK–573%Grade 3 average1 km
  • École élémentaire Micheline-Saint-CyrConseil scolaire ViamondeFrench-language public · grades JK–676%Grade 6 average2.5 km

SecondaryGrade 9 math 2024–25

  • Lakeshore Collegiate InstituteToronto DSBPublic · grades 9–12 · French Immersion42%Grade 9 math300 m
  • Father John Redmond Catholic Secondary SchoolToronto CDSBCatholic · grades 9–1275%Grade 9 math650 m
  • Etobicoke School of the ArtsToronto DSBPublic · grades 9–1268%Grade 9 math3.5 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.

Price$1,449,999

A month, all in

$6,999

  • Mortgage$6,616
  • Property tax$383

A planning figure, not a quote.

Land transfer tax

$50,950

$42,475 for first-time buyers; Toronto adds its own tax.

Rent, similar homes

$4,100

a month, median asking rent of 200 similar homes in Toronto.

Community

Who lives around it

Similar homes

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Shemeer Ahmad

Shemeer AhmadVALERY REAL ESTATE INC.

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Ask me anything about this home, or what fair looks like nearby.

(647) 554-7436

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