74 Sixteenth Street, Toronto, ON

$799,000
MLS#:W13591908
2 beds
1 baths
< 700 sqft
6.0 parking
Residential Freehold
74 Sixteenth Street, Toronto, ON M8V 3K1

Property Highlights

Welcome to this remarkable Bungalow 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 1 Bathroom
  • Generous living space spanning < 700 sqft on a premium 40.06 x 100.14 ft lot
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

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

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This detached home located at 74 Sixteenth Street, Toronto is currently for sale and has been available on SousaSells for 15 days. This property is listed at $799,000 with an estimated mortgage of $2,660* per month. It has 2 beds, 1 bathroom, and is < 700 square feet. 74 Sixteenth Street, Toronto is in the New Toronto neighborhood.

Work with the SOUSA TEAM to unlock your .

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in New Toronto, Toronto.

Great for Small Household / Couples
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • < 700 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/22/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionAluminum Siding
BasementPartially Finished
Lot Size40.06 × 100.14 Feet
CountyToronto
Annual Tax$3,778
Legal DescriptionPCL 104-1, SEC M362 ; PT LTS 104 & 105, PL M362 , ALL THAT PT OF LT 104 LYING S OF THE NLY 20 FT THROUGHOUT FROM FRONT TO REAR OF THE SAID LT AND THE N 10 FT OF LT 105 ON THE W/S OF SIXTEENTH ST ; ETOBICOKE , CITY OF TORONTO

Parking & Garage

Parking Total6.0
Parking Space4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Fenced Yard
  • Level
  • Public Transit

Interior Features

  • Water Heater

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 74 Sixteenth Street, Toronto, ON

Q.What is the asking price for 74 Sixteenth Street, Toronto, ON ?

The current listing price for 74 Sixteenth Street, Toronto, ON in New Toronto, Toronto is $799,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom across approximately < 700 sqft.

Q.What property type and architectural style is 74 Sixteenth Street, Toronto, ON ?

74 Sixteenth Street, Toronto, ON is a Detached (Bungalow) featuring a Partially Finished basement.

Q.What key property features does 74 Sixteenth Street, Toronto, ON offer?

Key property features include: Fenced Yard, Level, Public Transit.

Q.What interior features are included in this home?

Interior highlights include: Water Heater.

Q.Is parking available at this property?

Yes, this property offers parking space for 6.0 vehicles (Detached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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74 Sixteenth Street, Toronto, ON

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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 74 Sixteenth Street, Toronto, ON M8V 3K1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$239,700 (30.0%)
* Minimum Canadian down payment required for this price is $54,900.
Amortization Period30 Years
Estimated Monthly Payment$2,660Based on a loan of $559,300 over 30 years.
Purchase Price$799,000
Loan Amount$559,300
Provincial Land Transfer Tax:$12,455
Toronto Municipal Land Transfer Tax:$12,455
Total Estimated Closing Taxes:$24,910

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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New Toronto, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for New Toronto, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,293,240

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in New Toronto, Toronto

Elementary Schools

The Holy Trinity
Public6 Colonel Samuel Smith Park Drive, Etobicoke, Toronto, Ontario, M8V 4B7
8.3
John English
Public95 Mimico Avenue, Etobicoke, Toronto, Ontario, M8V 1R4
6.0
St Louis
Public11 Morgan Avenue, Etobicoke, Toronto, Ontario, M8Y 2Z7
7.6
St Leo
Public3672 Lake Shore Boulevard West, Etobicoke, Toronto, Ontario, M8W 1P7
7.5
Adam Beck
Public544 Horner Avenue, Etobicoke, Toronto, Ontario, M8W 2C2
7.0

Secondary Schools

Lakeshore
Public350 Kipling Avenue, Etobicoke, Toronto, Ontario, M8V 3L1
4.9
Father John Redmond
Public28 Colonel Samuel Smith Park Drive, Etobicoke, Toronto, Ontario, M8V 4B7
8.6
Etobicoke-Arts
Public675 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T1
8.2
Bishop Allen
Public721 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3
8.7

New Toronto, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.