$709,000
74 Sixteenth Street, Toronto, ON M8V 3K1
New Toronto · Toronto · M8V 3K1
Listing brokerage: REMAX YOUR COMMUNITY REALTY
- Beds
- 2
- Baths
- 1
- Sq ft
- < 700
- Parking
- 6
The home
- Parking
- 6 spots
About this home
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
All details6 more from the listing · Interior, Listing
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- < 700 sq ft
Listing
- MLS® number
- W13591908
- Type
- Detached
- Neighbourhood
- New Toronto
History
Past listings and sales for this home and building.
Location
74 Sixteenth Street, Toronto, ON M8V 3K1
Monthly cost
Estimated monthly cost
$3,139/mo
- Mortgage
- $3,139
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Property tax not included. Speak with a lender for an exact figure.
Cash to close
Cash to close
$164,860
$141,800 down + $23,060 to $24,310 in closing costs
- Ontario land transfer tax
- $10,655
- Toronto land transfer tax
- $10,655
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.
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$709,000
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