23 Sixteenth Street, Etobicoke

23 Sixteenth Street
23 Sixteenth Street
23 Sixteenth Street
+41
5
 bed
4
 bath
4
 parking
1500 - 2000
 sqft
Detached
$1,078,000
For Sale
3 hours
 on site
$1,078,000
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Size
-
Lot size
4800 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$539 - $719
Taxes
$3,597 (2025)
Parking Type
-
Style
2-Storey
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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.
Broker: RE/MAX REALTRON REALTY INC.
MLS®#: W13880122
Property details
Parking:
4
Parking type:
-
Property type:
Detached
Heating type:
Heat Pump
Style:
2-Storey
MLS Size:
1500-2000 sqft
Lot front:
40 Ft
Lot depth:
120 Ft
Listed on:
Oct 9, 2026
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Instant estimate:
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$8,833
lower than listed price
i
High
$1,113,934
Mid
$1,069,167
Low
$1,007,430
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About 23 Sixteenth Street

Located at 23 Sixteenth Street, this Etobicoke detached house is available for sale. It has been listed at $1078000 since October 2026. This detached house has 5 beds, 4 bathrooms and is 1500-2000 sqft. Situated in Etobicoke's New Toronto neighbourhood, Long Branch, Alderwood, Mimico and Stonegate Queensway are nearby neighbourhoods.

Some good places to grab a bite are Ghazale Restaurant, Pizzaiolo or Popeyes. Venture a little further for a meal at one of New Toronto neighbourhood's restaurants. If you love coffee, you're not too far from Tim Hortons located at 3089 Lake Shore Blvd W. Nearby grocery options: Rabba Fine Foods is not far.

Transit riders take note, 23 Sixteenth St, Toronto is a short walk to the closest public transit Bus Stop (Lake Shore Blvd West at Fifteenth St) with route Islington South, route Queen, and more. Access to Gardiner Expressway from 23 Sixteenth St is within a few minutes drive, making it easy for those driving to get into and out of the city using on and off ramps on Kipling Ave.