New Toronto · W06 · M8V 3J7
$1,099,999
$1,000 / sq ft3 months on market
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$1,049,000
New Toronto · W06
Welcome to 23 Sixteenth St, Etobicoke - a fully renovated, turnkey investment property offering exceptional income potential in a highly desirable location.This spacious home features three self-contained units:Main Floor: 2 bedrooms, 2 bathrooms, kitchen Second Floor: 2 bedrooms, 1 bathroom, kitchen Basement: 1 bedroom, 1 bathroom, kitchenIn total, the property offers 5 bedrooms, 4 bathrooms, and 3 kitchens, thoughtfully designed to maximize functionality and rental income.The property has been fully renovated, providing a modern and low-maintenance living environment for both owners and tenants.Ideal for investors or end-users, this property offers flexibility to live in one unit while renting out the remaining units, or to fully lease the entire building for strong income potential.The seller and listing brokerage make no representations or warranties regarding retrofit status, zoning compliance, or legality of the units. Buyers and buyer's agents are responsible for conducting their own due diligence, including verifying all measurements and property details.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 44% of comparable detached listings in New Toronto are asking less.
Based on 18 comparable active detached listings in New Toronto. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,099,999. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CEG REAL ESTATE INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of SAM MCDADI REAL ESTATE INC.
$1,069,000
New Toronto · W06
Listing courtesy of RE/MAX PREMIER INC.
$929,900
New Toronto · W06
Listing courtesy of CENTURY 21 PEOPLE`S CHOICE REALTY INC.
$1,299,000
New Toronto · W06
Listing courtesy of KW Living Realty
