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23 16th Street in Toronto for sale

Asking price
$1,388,888
Estimate (May 24)
$1,342,378
MLS #:
W13167620
Type:
Detached, 2-Storey
Approx. SQFT:
1100-1500
Basement:
Apartment
5 5
40 x 120 ft lot

Listed by Ceg Real Estate Inc..

23 16th Street is a Detached, 2-Storey and is currently for Sale @ $1,388,888. Taxes in 2025 were $4,086.96.

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Welcome to 23 Sixteenth St, Etobicoke - a fully renovated, turnkey investment property offering exceptional income potential in a highly desirable location. The 2-Storey on 23 16th Street has 5 bedrooms, 4 bathrooms, and is located on a 120 x 40 ft lot in the community of New Toronto .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.

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.

The address 23 16th Street was listed for sale (MLS# W13167620) on Wednesday, May 20, 2026.

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  • Date Listed: Wednesday, May 20, 2026
  • Listing Brokerage: Ceg Real Estate Inc. - Disclaimer: The information contained in this listing has not been verified by Ceg Real Estate Inc. and should be verified by the buyer.
  • Virtual Tour: View Virtual Tour for 23 16th Street
  • City: Toronto

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  • Neighbourhood: New Toronto
  • Major Intersection: Lake Shore Blvd
  • Full Address: 23 16th Street, Toronto, M8V 3J7, Canada, ON, Canada
  • Amenities:
  • Taxes: $4,086.96 (2025)

WHAT'S YOUR HOME WORTH?

Click here to get an instant estimate and track its value over time.