$1,388,888Asking Price
23 16th Street, Toronto W06, ON M8V 3J7
New Toronto, 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.
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.
See MoreKey Info
- 2-Storey Detached
- 4-Car Driveway
- No Garage
- Lake Shore Blvd
- 1100-1500 Approximate Sq Feet
- Basement Apartment
- 3 Kitchens
- HeatPump
Property
- Lot Size 40 x 120 Feet
- Taxes were $4,086 in 2025
- Possession: 30 Days
Details
- No Fireplace
- Family Room
- Designation: Other
- Sewers
- Municipal Water
- MLS #W13167620
- CEG REAL ESTATE INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 1 2-Piece Bathroom on Ground Floor | |||
| 1 3-Piece Bathroom | |||
| 1 3-Piece Bathroom on Ground Floor | |||
| 1 3-Piece Bathroom on Lower | |||
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Who lives here?
New Toronto, Toronto is a west Toronto neighbourhood notable for its singles, renters, executives, education, law & public sector professionals, salespeople and tradespeople. Residents tend to be older with a significant number of babies, youth aged 20 to 24, adults aged 40 to 44, 40 to 44, 40 to 44 and 40 to 44 and seniors aged 65 to 69.
Families
Kids Per Family
1.1
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
57%
of residents are
single and loving it.
57% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
58%
of residents
are renters.
58% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
39%
of residents are
university grads.
39% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$95K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 16% |
| Business | 10% |
| Government | 9% |
| Trades | 8% |
| Management | 7% |
Immigrants
37%
of residents were
born outside of Canada.
37% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
4.2% from Caribbean
All-time
Birthplace - Recent
0.6% from Philippines
Recent
Foreign Languages
Foreign Languages
| Polish | 5% |
| Tagalog | 3% |
| Spanish | 2% |
| French | 2% |
| Ukrainian | 2% |
Religions
Religions
| Christian | 66% |
| Muslim | 5% |
| Hindu | 3% |
| Buddhist | 1% |
| Jewish | 1% |
Social Housing
Social Housing Buildings
2
Social housing buildings
in the neighbourhood.
Shelters
Shelters
1
Homeless shelters in
the neighbourhood.
