$699,000
74 Sixteenth Street, Toronto, ON M8V 3K1
New Toronto · W06
Listing courtesy of REMAX YOUR COMMUNITY REALTY
New Toronto · W06 · M8V 3K2
$770,000
$1,100 / sq ft1 months on market
Opportunity knocks in the heart of New Toronto. Situated on a 33' x 100' freehold lot (approx. 3,336 sq. ft.), this property offers exceptional potential for investors, builders, and renovators looking to capitalize on a prime residential location. The site features a level topography, detached garage, private driveway, and is designated residential with RM zoning, supporting strong redevelopment or value-add possibilities.Currently improved with a detached home originally built in 1948, the property presents an ideal canvas for renovation, expansion, or a custom rebuild. Whether your strategy is to renovate and hold, flip, or redevelop, this is a rare chance to secure a well-sized lot in an established, high-demand west-end neighbourhood with long-term upside.
10 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living Room | Main | — | — |
| Dining Room | Main | — | — |
| Kitchen | Main | — | — |
| Primary Bedroom | Main | — | — |
| Bedroom 2 | Main | — | — |
| Bathroom | Main | — | — |
| Kitchen | Basement | — | — |
| Living Room | Basement | — | — |
| Bedroom | Basement | — | — |
| Bathroom | Basement | — | — |
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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 below most comparable listings — about 17% 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 $770,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of HOMELIFE/CIMERMAN REAL ESTATE LIMITED. 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.
What similar homes in this area actually sold for.
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$699,000
New Toronto · W06
Listing courtesy of REMAX YOUR COMMUNITY REALTY
$699,000
New Toronto · W06
Listing courtesy of RE/MAX WEST REALTY INC.
$729,000
New Toronto · W06
Listing courtesy of iCloud Realty Ltd.