Kitchen (3.49 × 3.91)
Level: Main
48 Sixteenth St
New Toronto, Toronto, Ontario M8V 3J8
Description
A rare 50 x 100 ft parcel in South Etobicoke, approved by the Committee of Adjustment to sever into two building lots, with a solid, income-producing bungalow already on the property. Owner occupied - no tenants. The opportunity is what makes this property so unique. Minor variance approvals are in place for two single-family detached homes, each with an attached garage and rear deck. Each lot is approved for a 1,902 sq ft home - 3,804 sq ft total above grade, plus finished basements and attached garages. The approved 0.78 FSI provides approximately 30% more house than the 0.60 base zoning allowance on each lot. The approved homes feature 3 bedrooms + 1 bedroom in the lower level (3+1) and 3.5 bathrooms. The second floor includes a primary bedroom with walk-in closet and ensuite, plus two additional bedrooms sharing a 4-piece bathroom. The main floor includes a powder room, while the lower level provides a fourth bedroom with a guest bathroom. A complete pre-development package is included, meaning much of the hard work is already done. The package includes issued-for-permit architectural drawings, structural engineering, HVAC design, survey, R-Plan, arborist report and tree permit, Stage 1-2 archaeological assessment, and 3D photorealistic renderings. Just minutes' walk to the lake and steps to Humber College, the waterfront and bike trails, with easy access to public transit and the Gardiner. Live in the existing bungalow, generate income, or build two new homes - the approvals and pre-development work are already in place. **Rendering Drawings to show example, some photos are virtually staged **
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- W13682280
- Board
- TRREB MLS®
- Days on market
- Tax
- $4,596
- Size
- 700-1100 sqft
- Lot
- 50.08 × 100.16 Feet
- Parking
- None, 6 Parking
Listing History
Listing activity for 48 Sixteenth St, Toronto, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,449,999 | N/A | Pc | W13682280 |
Property Details
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- New Toronto
- Municipality
- Toronto
Inside
- Bedrooms
- 2+2
- Bathrooms
- 2
- Bathroom Detail
- 1, 4pc, Main
- Bathroom Detail
- 1, 3pc, Bsmt
- Basement Type
- Sep Entrance
- Kitchens
- 1
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Building
- Size
- 700-1100 sqft
- Construction
- Stucco/Plaster
Parking
- Driveway
- Pvt Double
- Garage Type
- None
- Add. Parking
- 6
- Total Parking
- 6
Land
- Sewer
- Sewers
- Lot Size
- 50.08 × 100.16 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Fireplace
- N
- Pool
- None
- Den
- Y
- Family room
- Y
- Extras
- Approvals & Pre-Development Package: Consent to sever into two building lots | Minor Variance approvals for both lots | Six variances granted per lot, including 0.78 FSI vs. 0.60 base, side yard, platform setbacks, stair width/setback & roof eaves | Issued-for-Permit architectural drawing set, including foundation, basement, main & upper floor plans, floor & roof framing plans, elevations, building sections, door/window/finish schedules & 3D renderings | Issued-for-Permit structural drawings, including sealed 35-page member reports, design loading and general notes, beam/girder details, Turkstra Trusses floor framing layouts & roof truss design package | HVAC drawings & design report with heat loss/gain calculations | Survey & registered R-Plan | Arborist Report & Tree Preservation Plan, including tree inventory, species, size, condition, protection zones & site photos | City of Toronto Tree Protection By-law Declaration & Tree Removal Permit | Registered Stage 1-2 Archaeological A.S.S
Rooms (8)
Living (4.24 × 4.77)
Level: Main
Primary (3.33 × 5.69)
Level: Main
2nd Br (2.77 × 3.8)
Level: Main
Kitchen (3.45 × 4.29)
Level: Bsmt
3rd Br (3.45 × 3.68)
Level: Bsmt
4th Br (2.86 × 3.44)
Level: Bsmt
Laundry (3.57 × 7.0)
Level: Bsmt
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
16 records read 9 on record nearby 7 checked, none on recordRead 2026-11-04
Water and conservation
- Not in Toronto and Region Conservation Authority’s mapped regulated area
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m9 test or monitoring holes also recorded.
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- 50 building permits issued within 250 m in the last 2 years
- Nearest airport: 9.3 km
- Mapped parcel: about 5,010 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home
- Nearest rail line: 510 m
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- 2 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is City of Toronto — R.L. Clark Filtration Plant, 810 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Toronto Hydro-Electric System Limited
- Wired internet 50/10 Mbps or faster is listed at a household 60 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (60 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$6,647
- Down payment$290,000
- Mortgage amount$1,159,999
- Total interest$834,101
- Total cost$2,284,100
Cash flow analysis
$6,647
Total monthly payment
$7,030
Break-even down payment
100%
Cash flow-$7,030
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
$1,449,999
$1,449,999
CAD
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