39 Sixteenth Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of New Toronto. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $799,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 22.5 x 120 ft lot
- Features a half, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Other
- Efficient forced air heating via gas
Description
Bright, welcoming, and wonderfully livable. This 2-bedroom home offers a balanced mix of comfort and practicality in the heart of New Toronto. Just a short walk to the lake and ideally nestled between Long Branch and Mimico, the location offers a refreshing blend of, green spaces, and urban convenience. The interior has hardwood floors in the main living and dining areas and a kitchen that opens to a spacious back deck perfect for everyday living and easy entertaining. The home sits toward the front of a deep 120-foot lot, creating a generous backyard ideal for enjoying the outdoors, hosting friends, or simply unwinding at the end of the day. A durable metal roof provides long-lasting protection, while the overall structure reflects practical functionality. With parks, schools, shops, and transit all within easy reach and Humber College just minutes away the neighbourhood offers a friendly, laid-back vibe with excellent connectivity to the city. This is a home that offers ease, warmth, and a great lifestyle, whether you're starting out, simplifying, or making a smart move to a lakeside community.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 39 Sixteenth Street, Toronto W06, ON M8V 3J7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $799,000 in Toronto, the legal minimum down payment is $54,900 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 $12,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,455 also applies, bringing the total estimated land transfer taxes to $24,910.
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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.
