$ 1,499,999
48 Sixteenth Street
Kitchen - 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 1
42 Photos
Living room - 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 2
Primary Bedroom - 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 3
Bedroom 3 - 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 6 Bedroom 4 - 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 7 Laundry room - 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 8 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 9 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 10 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 11 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 12 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 13 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 14 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 15 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 16 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 17 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 18 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 19 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 20 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 21 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 22 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 23 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 24 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 25 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 26 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 27 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 28 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 29 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 30 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 31 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 32 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 33 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 34 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 35 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 36 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 37 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 38 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 39 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 40 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 41 48 Sixteenth Street, Toronto, ON M8V3J8 Photo 42

48 Sixteenth Street, Toronto

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 ** (id:1945)
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Property details for 48 Sixteenth Street, Toronto

Type
Residential
Style
Bungalow
Bedrooms
4
Bathrooms
2
Lot Size
50.1 x 100.2 FT
Stories
1
Basement
Finished, Separate entrance, N/A, N/A
Parking
No Garage
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Stucco
Ownership
Freehold
Annual Taxes
$4,596

Nearby Listings Stat

Estimated price and comparable properties near 48 Sixteenth Street

Active Listings
9
Min Price
$899,000
Max Price
$1,685,000
Avg Price
$1,245,322
Days on Market
23
days
Sold Listings
4
Min Sold Price
$997,000
Max Sold Price
$1,198,000
Avg Sold Price
$1,093,500
Days until Sold
32
days

Neighbourhood Census Data

Toronto, Ontario

Population
534
Median Age
35.6
Median Income
$26,624
Dwelling Value
$550,086

Housing Tenure

Owners 56%
Renters 46%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.2
Pop. Density: 6,944.1/km²
Avg Shelter Cost: $1,236/mo
Owners with Mortgage: 57.1%
Owners Spending 30%+: 25.9%
Tenants Spending 30%+: 56.5%
English only: 91.6%
English and French: 7.5%
Neither: 1.9%
Median Household Income: $60,352
Median Employment Income: $29,312

Price History

Listed
August 17, 2026
by EXP REALTY
Current Price
$1,499,999
Type
Residential
For Sale
48 Sixteenth Street

Contact Agent Get in touch about 48 Sixteenth Street, Toronto

FRANK POLSINELLO
FRANK POLSINELLO
EXP REALTY

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