Salehian.com 647-325-5000

48 Sixteenth Street

New Toronto, Toronto, M8V 3J8

$1,499,999

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  • 2+2 bedrooms
  • 2 bathrooms
  • 6 parking
  • 700-1100 sq ft

Listed 64 days ago · MLS® W13682280

About this home

A rare 50 x 100 ft parcel in South Etobicoke, approved by the Committee of Adjustment to sever into two building lots, with a solid, income-producing bungalow already on the property. Owner occupied - no tenants. The opportunity is what makes this property so unique. Minor variance approvals are in place for two single-family detached homes, each with an attached garage and rear deck. Each lot is approved for a 1,902 sq ft home - 3,804 sq ft total above grade, plus finished basements and attached garages. The approved 0.78 FSI provides approximately 30% more house than the 0.60 base zoning allowance on each lot. The approved homes feature 3 bedrooms + 1 bedroom in the lower level (3+1) and 3.5 bathrooms. The second floor includes a primary bedroom with walk-in closet and ensuite, plus two additional bedrooms sharing a 4-piece bathroom. The main floor includes a powder room, while the lower level provides a fourth bedroom with a guest bathroom. A complete pre-development package is included, meaning much of the hard work is already done. The package includes issued-for-permit architectural drawings, structural engineering, HVAC design, survey, R-Plan, arborist report and tree permit, Stage 1-2 archaeological assessment, and 3D photorealistic renderings. Just minutes' walk to the lake and steps to Humber College, the waterfront and bike trails, with easy access to public transit and the Gardiner. Live in the existing bungalow, generate income, or build two new homes - the approvals and pre-development work are already in place. **Rendering Drawings to show example, some photos are virtually staged **

Details

Type
Detached
Style
Bungalow
Size
700-1100 sq ft
Lot
50.08 × 100.16 ft
Basement
Separate Entrance, Finished
Garage
None
Kitchens
2
Property tax
$4,596 (2026)
Neighbourhood
New Toronto
Municipality
Toronto W06
Price per sq ft
$1,667 (67% above detached houses in New Toronto, $999)

Interior

Bedrooms
2 above ground + 2 below
Bathrooms
1 × 4-piece (main), 1 × 3-piece (basement)
Kitchens
2 (1 below ground)
Rooms
6 above ground + 2 below
Family room or den
Yes
Fireplace
No
Features
In-Law Suite, Primary Bedroom - Main Floor, Storage

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
Bungalow
Exterior
Stucco (Plaster)
Roof
Asphalt Shingle
Foundation
Concrete Block
Faces
West
Outdoor
Landscaped, Patio, Shed

Parking

Total parking
6
Driveway and parking
Private Double

Lot

Size
50.08 × 100.16 ft

More

Possession
Flexible
Nearby
Fenced Yard, Golf, Hospital, Park, Public Transit, School
Cross street
Kipling & Lakeshore

Rooms

RoomLevelSizeFeatures
KitchenMain3.91 × 3.49 m (12'10" × 11'5")
Living RoomMain4.77 × 4.24 m (15'8" × 13'11")
Primary BedroomMain5.69 × 3.33 m (18'8" × 10'11")
Bedroom 2Main3.8 × 2.77 m (12'6" × 9'1")
KitchenBasement4.29 × 3.45 m (14'1" × 11'4")
Bedroom 3Basement3.68 × 3.45 m (12'1" × 11'4")
Bedroom 4Basement3.44 × 2.86 m (11'3" × 9'5")
LaundryBasement7 × 3.57 m (23' × 11'9")

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Walkable

  • 🚆 Mimico GO2.4 km

Within a 10-minute walk: 1 grocery store, 30 cafés and restaurants, 9 parks, 2 pharmacies. Nearest grocery: Rabba (400 m). Nearest park: Don Russell Memorial Park (400 m).

Schools nearby

Elementary

  • Twentieth Street Junior School
    EQAO: Gr 3 reading 69%, math 69%    6 min walk
  • The Holy Trinity Catholic School Catholic
    EQAO: Gr 6 reading 85%, math 69%    6 min walk
  • St. Josaphat Catholic School Catholic10 min walk
  • Seventh Street Junior School
    EQAO: Gr 3 reading 74%, math 63%    15 min walk

Secondary

  • Lakeshore Collegiate Institute
    EQAO: Gr 9 math 42%, literacy test 75%    5 min walk
  • Father John Redmond Catholic Secondary School Catholic
    EQAO: Gr 9 math 75%, literacy test 94%    9 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M8V

Owners / renters
49% / 51%
Median household income
$79,000
Average age
42
Children under 15
11%
Homes
15% detached, 57% high-rise
Commute by transit
21%
Population
44,144

Languages spoken most at home besides English: Spanish 1.9%, Polish 1.9%, Russian 1.7%, Tibetan 1.4%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in New Toronto (2025): about the Toronto average, down 24% from the year before.

  • Assaultabout average
  • Break and enterabout average
  • Auto theft35% below average
  • Robberyabout average
  • Theft from vehiclesabout average
  • Shootings88% above average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 1 active

  • 3199 LAKE SHORE BLVD W · 500 m
    Site Plan · Under Review · applied 2020
    INACTIVE Site Plan Control application to permit the proposed Humber Cultural Hub which is a phased institutional development as part of the Humber College…
    Application details
  • 225 BIRMINGHAM ST · 350 m
    Plan of Condominium · Closed · applied 2024
    Technical amendment to renumber units within registred plan of condominium.
    Application details
  • 225 BIRMINGHAM ST · 350 m
    Plan of Condominium · Closed · applied 2022
    Proposed Draft Plan of Condominium application for 200 stacked townhouse units contained in eleven (11) residential blocks and four (4) retail units contained…
    Application details

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 12 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built RM

Residential Multiple Dwelling (with a site-specific exception).

  • ✅ Up to 4 homes on the lot (multiplex)
  • ✅ Garden suite in the backyard
  • ✅ Laneway suite, if the lot backs onto a lane

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

No building permits at this address since 2014.

2 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

69 City street trees within 100 m. That’s more than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by EXP REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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