16 Fennings Street
Toronto C01, ON
- 6 bed
- 5 bath
- approx. 3500-5000 sqft
- Semi-Detached
- 2 days on market
Power of Sale Opportunity! Renovated semi detached property featuring 3 separate units with the potential to generate approximately $10,000/month in gross rental income when fully leased. The front unit is currently rented at $4,200/mo while the two additional units are vacant and recently renovated. Perfect for investors seeking strong rental income or end users looking to live in one unit while collecting rental income from the other two, helping significantly offset mortgage and carrying costs. Further upside with the potential to build a laneway home with 2 additional units subject to approvals and due diligence. Located in an excellent, highly desirable area within walking distance to vibrant neighbourhood amenities, restaurants, cafes, shopping, transit and more. A rare opportunity combining strong income potential, flexible living options and addition of potential laneway units increasing future value and upside!
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Listing Details
- Taxes (2026)
- $8,087
- Listed
- September 17, 2026
Price History
Property
- Style
- 2 1/2 Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Sump Pump
- Lot Size
- 25 x 130.67 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 4
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Queen St & Ossington Ave
- Parcel Number
- 212760191
- Possession
- Immediate
- Occupancy
- Tenant
Included
- Inclusions
- All existing in the Sellers possession (if any): Fridge, Stove, Range Fan/Microwave, Dishwasher, Washer & Dryer, Electric Light Fixtures and Window Coverings.
Schools
Secondary
- Msgr Fraser College (Southwest)0.2 km
Catholic · Toronto CDSB
- Parkdale Collegiate Institute1.3 km
Public · Toronto DSB · 635 students
Grade 10 literacy: 86% met the provincial standard
- Central Toronto Academy1.5 km
Public · Toronto DSB · 975 students
Grade 10 literacy: 91% met the provincial standard
Elementary
- Givins/Shaw Junior Public School0.4 km
Public · Toronto DSB · 215 students
Grade 3 reading: 71% met the provincial standard · Grade 6 math: 71% met the provincial standard
- Alexander Muir/Gladstone Ave Junior and Senior Public School0.6 km
Public · Toronto DSB · 520 students
Grade 3 reading: 95% met the provincial standard · Grade 6 math: 42% met the provincial standard
- The Grove Community School0.6 km
Public · Toronto DSB · 100 students
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area M6J
- Population
- 32,111
- Private dwellings
- 17,027
- Median age
- 36.8
- Average household size
- 2
- Median household income
- $90,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Toronto C01 · last 12 months
- Median sold price
- $660,000
- Homes sold
- 3,084
- Median days on market
- 26
- Sale-to-list price
- 97.6%
Based on 3,084 recorded sales of residential freehold properties in Toronto C01 over the last 12 months.
Listed by
ROYAL LEPAGE TERREQUITY REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$319,800
Estimated Monthly Payment
$7,855
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $7,855/mo (20% down, 5.5%)
Taxes: $674/mo · Insurance: $400/mo
Estimates only. Consult a financial advisor.
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