$1,388,888
FOR SALE

Detached 2-Storey

Bedrooms: 5Bathrooms: 4Lot: 40 x 120 ft
2025 Taxes: $4,086.96

23 16th St
Toronto, ON M8V 3J7 | New Toronto

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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Listed By CEG REAL ESTATE INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W13167620
Last Updated May 24, 2026
Property Summary
Property Type Detached

More like this:
PIN 075990378
Legal Description PCL 160-2, SEC M362 ; PT LT 160, PL M362 ,
Possession Date 30 Days
Taxes (2025) $4,086.96
Directions/Cross Streets Lake Shore Blvd
Neighbourhood New Toronto
Area Toronto
Price History

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Detailed Information
Fronting On East
Special Designations Other
Bedrooms 5
Bathrooms 4
Lot 40 x 120 ft
Exterior Stucco (Plaster)
Air Conditioning Wall Unit(s)
Family Room Y
Basement Apartment
Garage Type None
Parking Spaces 4
Heat Source Other
Heat Type Heat Pump
Sewers Sewer

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

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