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For saleMLS® W14123470

74 Sixteenth Street, Toronto, ON M8V 3K1

New Toronto · W06 · M8V 3K1

$699,000

$999 / sq ft

1 weeks on market

Bedrooms
2
Bathrooms
1
Interior
700 sf
Parking
6
Lot
40.06 × 100.14 ft
Age
51-99 years

What's special

  • Detached garage
  • Central air
  • Finished basement
  • Water heater

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About this property

Opportunity to build new home(s) or investment property in desirable South Etobicoke in the heart of New Toronto. Located in a sought-after neighborhood with convenient access to parks, schools, transit, and local amenities Situated on a 40' x 100' freehold lot (approx. 4,004 sq. ft.), it offers exceptional potential for investors, builders, and renovators looking to seize the opportunity on a prime residential location. The site features detached home built in 1948, detached garage with private driveway. The site is designated with residential RM zoning, supporting strong and varied redevelopment potential therefore it is ideal for variety of opportunities such as 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 neighborhood with long-term upside

Rooms

6 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Living RoomMain4.90 × 3.35 m16.1 × 11.0 ft—
KitchenMain4.50 × 3.30 m14.8 × 10.8 ft—
RoomMain2.50 × 1.80 m8.2 × 5.9 ft—
BedroomMain4.90 × 3.30 m16.1 × 10.8 ft—
Bedroom 2Main2.50 × 3.30 m8.2 × 10.8 ft—
OtherBasement9.40 × 7.40 m30.8 × 24.3 ft—

Features

  • Water Heater

Property details

Property

Property type
detached
Bedrooms
2
Bathrooms
1
Interior size
700 sq ft
Year built
51-99
Lot size
40.06 × 100.14 ft
Zoning
RM (u4,d.06) x23 Residential
Possession
TBA

Interior

Basement
Partially Finished
Heating
Forced Air · Gas
Cooling
Central Air
Exposure
East

Exterior & services

Construction
Aluminum Siding
Garage
Detached
Parking spaces
6
Sewer
Sewer

Costs

List price
$699,000
Property taxes
$3,778 / year (2025)
Price per sq ft
$999
Rental items
Hot water heater and any other items which may exist at the property may be subject to rental agreement, lease agreement or conditional sales contract.

Listing

MLS® number
W14123470
Status
For sale
Listed
October 28, 2026
Days on market
8
Last updated
October 28, 2026
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 0% of comparable detached listings in New Toronto are asking less.

$758KMedian $1.45M$2.21M
This home
$999 / sq ft
Comparable median
$1,109 / sq ft

Based on 18 comparable active detached listings in New Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.4% · minimum $44,900
$44,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,616.63
Property tax (est.)
$314.83
Estimated monthly
$3,931

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$10,455
Toronto municipal
$10,455
Total due on closing
$20,910

An estimate on the asking price of $699,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of REMAX YOUR COMMUNITY REALTY. 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.

$699,000

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