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.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
2-Storey
Total Approx Floor Area:
1100-1500
Lot Depth:
120'36.6 m
Lot Frontage:
40'12.2 m
Topography:
Flat
Direction Faces:
East
Bedrooms:
5
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
3
Bedrooms Above Grade:
5
Kitchens Above Grade:
3
Rooms Above Grade:
9
Fractional Ownership:
No
Assignment:
No
Heating type:
Heat Pump
Heating Fuel:
Other
Fireplaces:
0
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Apartment
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Available
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
Yes
Possession Details:
30 Days
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Taxes:
$4,086.96 /
2025
Assessment:
$- /
2025
Toronto
Toronto W06
New Toronto
None
Hot water Tank
Main Floor Unit: Includes fridge, microwave, cooktop and washer/dryer.Second Floor Unit: Includes fridge, microwave, cooktop and washer/dryer.Basement Unit: Includes fridge, microwave, cooktop and washer/dryer.
Data was last updated August 11, 2026 at 02:15 AM (UTC)
Area Statistics
Listings on market:
22
Avg list price:
$1,119,950
Min list price:
$600,000
Max list price:
$2,895,000
Avg days on market:
46
Min days on market:
2
Max days on market:
220
These statistics are generated based on the current listing's property type
and located in
New Toronto. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.