Detached House for sale at 126A Sixteenth Street, Toronto, New Toronto, M8V 3K1 - MLS: W12160134

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126A Sixteenth Street

Toronto, Ontario, M8V 3K1

$999,000

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Neighbourhood

New Toronto
Major Intersection

LAKESHORE BLVD. W & KIPLING

Listed Since: 17 day(s)
Last update: today

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Overview

Property Type

Detached, Bungalow
Bedrooms

3 + 2
Bathrooms

2
Basement

Sep Entrance + Fin W/O
Kitchen

1
Total Parking

2 (1 Built-In Garage)
Lot Size

100x25 (Feet)
Taxes

$4,277.42 (2024)
Type

Freehold

Property description for 126A Sixteenth Street, Toronto, New Toronto, M8V 3K1

Welcome to 126A Sixteenth St., a spacious updated raised bungalow with 3+bedrooms, 3 entrances & a built-in garage. This home offers a great opportunity in the sought-after New Toronto Neighbourhood. Just 2 blocks from Humber Polytechnic Lakeshore Campus - perfect for families with students! Ideally located within easy walking distance to both elementary & secondary schools, the lake, shopping, public transit, scenic waterfront parks, cafes & restaurants. The 1029 square feet main floor features 3 bright bedrooms, including 2 overlooking the backyard, a newly renovated eat-in size kitchen with brand new fridge & stove, a separate dining room & sun-filled living room with a large front window, plus an updated 4-piece bathroom. The hallway has a linen closet plus 2 additional closets. The high finished basement has a separate front entrance, full-size above-grade windows for natural light, 2 bedrooms with closets, a 4-piece bath & a large open-concept living/dining area with rough-in plumbing for a potential kitchen. A laundry/utility room is accessible to both levels. The side door leads to the west-facing backyard with a large storage shed & lots of space for gardening & potential patio area. Recent updates include: kitchen renovated 2025, fridge & stove 2025, freshly painted, most flooring recently replaced, backflow valve 2024, shingles 2018, new basement breaker panel 2021. Easy access to Hwy 427, QEW & Gardiner, GO Train & airports. Ideal for multi-generational families or investors.

Listed by ROYAL LEPAGE PORRITT REAL ESTATE

Property details

MLS #

W12160134
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

51-99
Pool

None
Drive

Private
Garage

Built-In, 1 spaces
Total Parking

2
Family Room

N
Den

N
Exterior

Stone
Fireplace

N
Roof

Asphalt Shingle
Foundation

Block
Elevator

n/a
Water View

n/a
Laundry Level

Lower
Heat

Water
A/C

Window Unit
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

W12160134
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

51-99
Pool

None
Drive

Private
Garage

Built-In, 1 spaces
Total Parking

2
Family Room

N
Den

N
Exterior

Stone
Fireplace

N
Roof

Asphalt Shingle
Foundation

Block
Elevator

n/a
Water View

n/a
Laundry Level

Lower
Heat

Water
A/C

Window Unit
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

4.36 x 3.25 ft Main level

Laminate, Crown Moulding, Large Window
Dining

3.7 x 2.53 ft Main level

Laminate, Closet, Window
Kitchen

3.35 x 3.1 ft Main level

Renovated, Eat-In Kitchen, Window
Primary

3.4 x 3.1 ft Main level

Laminate, O/Looks Backyard, Window
2nd Br

3.4 x 3.3 ft Main level

Laminate, Closet, O/Looks Backyard
3rd Br

3.4 x 2.55 ft Main level

Laminate, Window
Family

6.67 x 2.4 ft Bsmt level

Walk-Out, Above Grade Window, Laminate
Br

4.28 x 3.06 ft Bsmt level

Closet, Above Grade Window, hardwood floor
Br

3.07 x 3.07 ft Bsmt level

Closet, Above Grade Window, Laminate

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Local Real Estate Price Trends

Active listings

Average Selling Price of a Detached

May 2025

$943,667

Last 3 Months

$1,160,022

Last 12 Months

$1,251,400

May 2024

$1,474,750

Last 3 Months LY

$1,511,086

Last 12 Months LY

$1,244,740

Change

56%

Change

30%

Change

-1%

Historical Average Selling Price of a Detached in New Toronto

Average Selling Price

3 years ago

$1,323,763

Average Selling Price

5 years ago

$850,500

Average Selling Price

10 years ago

$552,200

Change

40%

Change

-10%

Change

-41%

How many days Detached takes to sell (DOM)

May 2025

Last 3 Months

Last 12 Months

May 2024

Last 3 Months LY

Last 12 Months LY

Change

-81%

Change

-52%

Change

-44%

Average Selling price

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.