48 Sixteenth Street, Toronto, ON M8V 3J8
Toronto W06 · New Toronto
For Sale · Detached
2 months ago
48 Sixteenth Street, Toronto, ON M8V 3J8
Etobicoke · New Toronto
MLS® W13682280
$1,449,999
▾ PRICE CHANGE
2 + 2
Beds
2
Baths
6
Parking
700-1100
Sq ft
Not available
Built
Overview
About this home
- 50 x 100 ft lot in South Etobicoke approved to sever into two building lots
- Currently has an owner-occupied income-producing bungalow on the property
- Approved plans for two 2 + 2-bedroom + 2 + 2-bedroom single-family detached homes, each with attached garage and rear deck
- Each approved home is 1,902 sq ft above grade plus finished basement
- Pre-development package included: architectural drawings, structural engineering, HVAC design, survey, arborist report, archaeological assessment, and renderings
- Walking distance to lake, Humber College, waterfront, and bike trails; access to transit and Gardiner Expressway
- Current listing shows 2 + 2 bedrooms, 2 bathrooms, 6 parking spaces, 700–1,100 sq ft (existing bungalow)
Key points are generated by Renavu from the listing description — not from, provided by, or endorsed by TRREB or PropTx.
Property details
Property tax
$4,596.2 (2026)
Lot
50.08 × 100.16 Feet
Style
Bungalow
Heating
Forced Air
Cooling
Central Air
MLS®
W13682280
Details
Full details
Parking
GarageNone
Driveway6
Total parking6
Parking featuresPrivate Double
Room dimensions
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Kitchen | Main | 3.91 × 3.49 Meters | — |
| Living Room | Main | 4.77 × 4.24 Meters | — |
| Primary Bedroom | Main | 5.69 × 3.33 Meters | — |
| Bedroom 2 | Main | 3.8 × 2.77 Meters | — |
| Kitchen | Basement | 4.29 × 3.45 Meters | — |
| Bedroom 3 | Basement | 3.68 × 3.45 Meters | — |
| Bedroom 4 | Basement | 3.44 × 2.86 Meters | — |
| Laundry | Basement | 7 × 3.57 Meters | — |
Market · Renavu Intelligence
How this home fits the market
See comparables
Asking price
$1,449,999
↑ +67.6%
vs. the area benchmark
Asking price is 68% above the area benchmark
Where this price sits against the typical 1-storey detached home in New Toronto.
Benchmark $865,000
$822,000 – $909,000Typical low – high
List price$1,449,999
Benchmark$865,000
Typical range$822,000 – $909,000
Asking price is 68% above the area benchmark
Where this price sits against the typical 1-storey detached home in New Toronto.
The Renavu Estimate and the figures in this section are produced by Renavu using our own analysis — not statistics from, provided by, or endorsed by TRREB or PropTx. Underlying property data is provided through TRREB/PropTx and is deemed reliable but not guaranteed accurate. Renavu Estimate is our data-driven opinion of value and a market reference — not this home's exact value.
Comparables
Gathering recent comparable sales nearby…
Run the numbers
True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
This price requires at least 8.3% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$25,475
Toronto municipal LTT$25,475
Legal · title · inspection$2,800
Closing costs$53,750
Down payment$290,000
Total cash to close$343,750
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
Location
Listed by EXP REALTY · MLS® W13682280
History
Property & sold history
Listing history
| Date Start | Date End | Price | Status | Listing ID |
|---|---|---|---|---|
| 2026-10-22 | — | $1,449,999 ▼ | Price cut | W13682280 |
| — | (Sign-in required) | Listed | W13682280 |
🔒
Earlier listings and sold prices for this address are protected under TRREB rules — a free account unlocks them.
Sign in free to unlock the history
