Detached House for sale at 74 Sixteenth Street, Toronto, Ontario, M8V 3K1 - New Toronto - MLS: W13591908

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74 Sixteenth Street

Toronto, Ontario, M8V 3K1 - New Toronto

$799,000

Neighbourhood

New Toronto
Major Intersection

Lakeshore Blvd. W and Kipling Ave.

Listed Since: 3 day(s)
Last update: 1 day(s) ago

Overview

Property Type

Detached, Bungalow
Bedrooms

2
Bathrooms

1
Basement

Part Fin
Kitchen

1
Total Parking

6 (2 Detached Garage)
Lot Size

40.06x100.14 (Feet)
Taxes

$3,778.00 (2025)
Type

Freehold

Property Description

Property description for 74 Sixteenth Street, Toronto

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

Listed by REMAX YOUR COMMUNITY REALTY

Property details

MLS #

W13591908
Sq. Ft

< 700
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

51-99
Pool

None
Drive

Private, Private Triple, Tandem
Garage

Detached, 2 spaces
Total Parking

6
Family Room

N
Den

N
Exterior

Alum Siding
Fireplace

N
Roof

Asphalt Shingle
Foundation

Block
Elevator

N
Water View

n/a
Laundry Level

Lower
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

W13591908
Sq. Ft

< 700
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

51-99
Pool

None
Drive

Private, Private Triple, Tandem
Garage

Detached, 2 spaces
Total Parking

6
Family Room

N
Den

N
Exterior

Alum Siding
Fireplace

N
Roof

Asphalt Shingle
Foundation

Block
Elevator

N
Water View

n/a
Laundry Level

Lower
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

4.9 x 3.35 ft Main level
Kitchen

4.5 x 3.3 ft Main level
Br

4.9 x 3.3 ft Main level
2nd Br

2.5 x 3.3 ft Main level
Other

9.4 x 7.4 ft Bsmt level

Contact Manoj Kukreja

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

Local Real Estate Price Trends for Detached in New Toronto

Active listings

Average Selling Price of a Detached

June 2026

$1,062,667

Last 3 Months

$1,188,269

Last 12 Months

$1,140,690

June 2025

$1,177,929

Last 3 Months LY

$1,135,276

Last 12 Months LY

$1,261,047

Change

-10%

Change

-10%

Historical Average Selling Price of a Detached in New Toronto

Average Selling Price

3 years ago

$1,535,000

Average Selling Price

5 years ago

$1,158,923

Average Selling Price

10 years ago

$1,033,688

Change

-31%

Change

-8%

Change

Number of Detached Sold

June 2026

Last 3 Months

Last 12 Months

June 2025

Last 3 Months LY

Last 12 Months LY

Change

-14%

Change

20%

Change

20%

How many days Detached takes to sell (DOM)

June 2026

Last 3 Months

Last 12 Months

June 2025

Last 3 Months LY

Last 12 Months LY

Change

44%

Change

-29%

Change

-11%

Average Selling price

Inventory Graph

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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.