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74 Sixteenth Street

74 Sixteenth Street

Toronto W06, ON

  • 2 bed
  • 1 bath
  • approx. < 700 sqft
  • Detached
$719,000Price reduced 10%

Opportunity to build new home(s) or investment property in desirable South Etobicoke in the heart of New Toronto. Located in a sought-after neighborhood with convenient access to parks, schools, transit, and local amenities Situated on a 40' x 100' freehold lot (approx. 4,004 sq. ft.), it offers exceptional potential for investors, builders, and renovators looking to seize the opportunity on a prime residential location. The site features detached home built in 1948, detached garage with private driveway. The site is designated with residential RM zoning, supporting strong and varied redevelopment potential therefore it is ideal for variety of opportunities such as renovation, expansion, or a custom rebuild. Whether your strategy is to renovate and hold, flip, or redevelop, this is a rare chance to secure a well-sized lot in an established, high-demand west-end neighborhood with long-term upside

Listing Details

Taxes (2025)
$3,778
Originally Listed
$799,000
Listed
July 22, 2026

Price History

Property

Style
Bungalow
Age
51-99
Construction
Aluminum Siding
Roof
Asphalt Shingle
Foundation
Block
Interior
Water Heater
Lot Size
40.06 x 100.14 Feet

Parking

Garage
Detached
Covered Spaces
2
Total Parking
6

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Lakeshore Blvd. W and Kipling Ave.
Zoning
RM (u4,d.06) x23 Residential
Parcel Number
076000096
Possession
Immediate
Occupancy
Vacant

Included

Inclusions
Existing appliances washer and dryer
Exclusions
None
Rental Items
None

Schools

Secondary

  • Lakeshore Collegiate Institute0.2 km

    Public · Toronto DSB · 650 students

    Grade 10 literacy: 75% met the provincial standard

  • Father John Redmond Catholic Secondary School0.8 km

    Catholic · Toronto CDSB · 1160 students

    Grade 10 literacy: 94% met the provincial standard

  • Etobicoke School of the Arts3.4 km

    Public · Toronto DSB · 825 students

    Grade 10 literacy: 92% met the provincial standard

Elementary

  • The Holy Trinity Catholic School0.5 km

    Catholic · Toronto CDSB · 625 students

    Grade 3 reading: 89% met the provincial standard · Grade 6 math: 69% met the provincial standard

  • Twentieth Street Junior School0.5 km

    Public · Toronto DSB · 210 students

    Grade 3 reading: 69% met the provincial standard

  • Seventh Street Junior School1 km

    Public · Toronto DSB · 185 students

    Grade 3 reading: 74% met the provincial standard

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 M8V

Population
44,144
Private dwellings
24,434
Median age
40
Average household size
1.9
Median household income
$79,000

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 W06 · last 12 months

Median sold price
$777,000
Homes sold
965
Median days on market
24
Sale-to-list price
97.8%

Based on 965 recorded sales of residential freehold properties in Toronto W06 over the last 12 months.

Rooms

3-piece on Ground

Main

  • Bedroom16'1" x 10'10"
  • Bedroom 28'2" x 10'10"
  • Kitchen14'9" x 10'10"
  • Living Room16'1" x 11'

Basement

  • Other30'10" x 24'3"

Listed by

REMAX YOUR COMMUNITY REALTY

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$143,800

Estimated Monthly Payment

$3,532

Land transfer tax

Estimated land transfer tax$10,855

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: $3,532/mo (20% down, 5.5%)

Taxes: $315/mo · Insurance: $180/mo

Estimates only. Consult a financial advisor.

R

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