$1,078,000
Available - For Sale
Listing ID: W13880122
23 Sixteenth Street , Toronto, M8V 3J7, Toronto


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.
Price $1,078,000
Taxes: $3597.00
Occupancy: Vacant
Address: 23 Sixteenth Street , Toronto, M8V 3J7, Toronto
Directions/Cross Streets: Sixteenth St & Lake Shore Blvd
Rooms: 9
Bedrooms: 5
Bedrooms +: 0
Family Room: T
Basement: Apartment
Washroom Type No. of Pieces Level
Washroom Type 1 2 Ground
Washroom Type 2 3 Second
Washroom Type 3 3 Ground
Washroom Type 4 3 Lower
Washroom Type 5 0
Washroom Type 6 2 Ground
Washroom Type 7 3 Second
Washroom Type 8 3 Ground
Washroom Type 9 3 Lower
Washroom Type 10 0
Washroom Type 11 2 Ground
Washroom Type 12 3 Second
Washroom Type 13 3 Ground
Washroom Type 14 3 Lower
Washroom Type 15 0
Washroom Type 16 2 Ground
Washroom Type 17 3 Second
Washroom Type 18 3 Ground
Washroom Type 19 3 Lower
Washroom Type 20 0
Total Area: 0.00
Property Type: Detached
Style: 2-Storey
Exterior: Stucco (Plaster)
Garage Type: None
(Parking/)Drive: Available
Drive Parking Spaces: 4
Park #1
Parking Type: Available
Park #2
Parking Type: Available
Pool: None
Approximatly Square Footage: 1500-2000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Heat Pump
Central Air Conditioning: Wall Unit(s
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REALTRON REALTY INC.
Personal Picture
Bikramjit Sharma
Broker
Dir:
647-295-0028
Bus:
905 456 9090
Fax:
905-456-9091
 
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At a Glance:
Type: Freehold - Detached
Area: Toronto
Municipality: Toronto W06
Neighbourhood: New Toronto
Style: 2-Storey
Lot Size: x 120.00(Feet)
Approximate Age:
Tax: $3,597
Maintenance Fee: $0
Beds: 5
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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