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Detached for sale at 23 Sixteenth Street, Toronto W06 - 5 bedroom, 4 bathroom - Photo 1 of 42
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$1,078,000

23 Sixteenth St

Toronto W06, ON M8V 3J7

23 Sixteenth St, Toronto W06 — Listed at $1,078,000. 5 bedroom, 4 bathroom 2-Storey Detached. MLS® W13880122.

New this week

Possession · seller's timeline

Flexible (Flexible/30 Days)

5Beds
4Baths
1500-2000sqft
Detached
2-Storey
4Parking
$3,597Taxes/yr · 2025

What's this home worth?

Get a free estimate for 23 Sixteenth St

Description

Welcome to 23 Sixteenth Street, a fully renovated and turnkey property set on an exceptionally wide 40 x 120 ft lot in a highly desirable South Etobicoke neighbourhood. Offering impressive flexibility, modern finishes and strong income potential, this is an excellent opportunity for investors, multi-generational families or end-users looking to offset carrying costs with rental income.The home is currently configured as three self-contained living spaces. Unit A offers 2 bedrooms, 2 bathrooms and a full kitchen. Unit B features 2 bedrooms, 1 bathroom and a kitchen, while Unit C offers 1 bedroom, 1 bathroom and its own kitchen. In total, the property provides 5 bedrooms, 4 bathrooms and 3 kitchens. Each unit is equipped with its own electrical sub-panel and independently controlled heating and cooling, adding convenience, functionality and greater separation between living spaces.Fully renovated throughout, the home offers a fresh, modern and low-maintenance living environment for both owners and tenants. Live in one unit while generating income from the others, accommodate extended family, or utilize the entire property as an income-producing investment.A major highlight is the impressive 40-ft frontage and generous 120-ft depth, offering a substantial lot that is difficult to find in the area. The property may also offer future potential for additional living space, additional residential units or a garden suite, subject to zoning, permits, municipal approvals and buyer due diligence.Ideally located within walking distance of shops, schools, restaurants, parks, Lake Ontario, beaches and public transit, with convenient access in and out of the city.A rare opportunity combining a substantial lot, turnkey condition, multiple living spaces, rental potential and long-term possibilities in one of South Etobicoke's established lakeside communities.

Property Details

Property TypeDetached
Style2-Storey
CommunityNew Toronto
Rooms9
Kitchens3
Washrooms4
Square Feet1500-2000 sqft
Lot Dimensions40 × 120 ft
Fronting OnEast
Dir/Cross StSixteenth St & Lake Shore Blvd
Garage TypeNone
DriveAvailable
Parking Drive Spaces4
Total Parking Spaces4
ExteriorStucco (Plaster)
RoofAsphalt Shingle
FoundationConcrete
BasementApartment
Heating TypeHeat Pump
Heating SourceOther
A/CWall Unit(s)
SewersSewer
Taxes (2025)$3,597
HSTIncluded In
Listed Date10/9/2026
Days on Market5 days
PossessionFlexible/30 Days
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

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Home Value
Estimate

Listing Courtesy of: RE/MAX REALTRON REALTY INC.

MLS® #W13880122

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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HouseIndex Take: 23 Sixteenth Street

This detached (2-Storey) is located in the New Toronto neighbourhood of Toronto.

The home offers 5 bedrooms, 4 bathrooms.

Features include a apartment basement, 4 parking spaces.

Additional details: lot dimensions of 40 × 120 feet.

Listed at $1,078,000 CAD with annual property taxes of $3,597 (2025).

About Toronto Real Estate

This Detached is located in the New Toronto community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity. Detached homes in Toronto are in high demand among families seeking space, privacy, and long-term equity growth.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
View full Toronto neighbourhood guide →