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23 16th Street

New Toronto / Toronto W06, ON M8V 3J7

ActiveFor Sale
5 Beds
4 Baths
1,100 Sq Ft
Single Family Home
Virtual Tour Available

About This Property

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.

Property Details

StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size1,100 sq ft
Bedrooms5
Bathrooms4
Postal CodeM8V 3J7
Last UpdatedAug 8, 2026 · 8:03 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® W13167620

Listed by CEG REAL ESTATE INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$1,199,000

asking price

MLS®W13167620
TypeSingle Family Home
CityToronto W06
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$5,855

/month · $959,200 mortgage

Down Payment20% — $239,800
Interest Rate5.5%

Amortization

Total Interest

$797,263

Total Cost

$1,756,463

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

CEG REAL ESTATE INC.