101 Sixteenth Street, Toronto, ON
This listing is no longer active (Sold)
This property has been sold, leased, or taken off the market. You can view similar active listings below.
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of New Toronto. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,199,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 8 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 32.67 x 56 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Separate Hydro Meter, Carpet Free
- Efficient radiant heating via gas
Description
This Turnkey, Fully Renovated From Top to Bottom Triplex in Highly Sought-after South Etobicoke presents an exceptional investment opportunity. Featuring a Brand-New Roof (April 2026). Offering approximately 2,500 sq. ft. of total living space, this property features three self-contained units: two spacious 3-bedroom suites and one 2-bedroom unit. Each unit has been completely updated with brand-new modern kitchens, 4-piece bathrooms, new flooring, and all-new appliances, all flooded with abundant natural light. The property boasts significant recent upgrades, including a 2023 heat boiler system and four new hot water tanks. Additional amenities include a shared coin-operated laundry on the lower level and three dedicated outdoor parking spaces. With tenants paying their own hydro, this is a low-maintenance, high-yield asset. Ideally situated near public transit, major highways, grocery stores, and local amenities, this fully vacant triplex allows you to hand-pick quality tenants and maximize returns from day one. Do not miss this rare opportunity to add a reliable, income-generating property to your portfolio.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Park, Place Of Worship, Public Transit, School
Interior Features
Separate Hydro Meter, Carpet Free
Security Features
Smoke Detector
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 101 Sixteenth Street, Toronto W06, ON M8V 3J9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
Configure Loan Settings
About Purchasing a Home in Toronto, ON
For a property listed at $1,199,000 in Toronto, the legal minimum down payment is $239,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $20,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,455 also applies, bringing the total estimated land transfer taxes to $40,910.
Nearby Listings
No current listings found in Toronto.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for New Toronto, Toronto.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.