1 hour on Market

23 16th St, Toronto, Ontario M8V 3J7

Detached
5
4
~1100-1500 sqft
$1,388,888
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Detached
5
4
~1100-1500 sqft

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Highlights

Property Estimate

Days on market1 hour

Estimated valueNot available

Price/Sqft$1,094/sqft

Monthly cost

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Description

Welcome to 23 Sixteenth St, Etobicoke - a fully renovated, turnkey investment property offering exceptional income potential in a highly desirable location.This spacious home features three self-contained units:Main Floor: 2 bedrooms, 2 bathrooms, kitchen Second Floor: 2 bedrooms, 1 bathroom, kitchen Basement: 1 bedroom, 1 bathroom, kitchenIn total, the property offers 5 bedrooms, 4 bathrooms, and 3 kitchens, thoughtfully designed to maximize functionality and rental income.The property has been fully renovated, providing a modern and low-maintenance living environment for both owners and tenants.Ideal for investors or end-users, this property offers flexibility to live in one unit while renting out the remaining units, or to fully lease the entire building for strong income potential.The seller and listing brokerage make no representations or warranties regarding retrofit status, zoning compliance, or legality of the units. Buyers and buyer's agents are responsible for conducting their own due diligence, including verifying all measurements and property details.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size4,800 SqFt(120 x 40)
Parking Spaces4
MLS ®NumberW13167620
Community NameMimico
Data SourceTRREB
Listing byCEG REAL ESTATE INC.

Features

Heating: Heat Pump
Cooling: Wall Unit
Basement: Apartment

Features

Lot size: 4,800 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

May 24, 2026
ListedActive
$1,388,888
1 hour on market
history photo preview35
Listing by trreb®
Property listed by CEG REAL ESTATE INC., Brokerage
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Market Data - Mimico

Geo Zone Map ThumbnailMimico

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

23 days

Compared to

2025

26 days

2024

11 days

2023

16 days

New Listings

Past 30 days

29 listings

Compared to

2025

37 listings

2024

37 listings

2023

29 listings

Units sold

Past 30 days

19 units

Compared to

2025

14 units

2024

17 units

2023

10 units

Median Sold Price

Past 30 days

$1,246,000

Compared to

2025

$1,020,000

2024

$1,252,222

2023

$1,432,500


Population and Demographics

Overview

Total population 25277
Average household income $124,271

Age (%)

0 to 19
18%
20 to 34
23%
35 to 49
23%
50 to 64
20%
65 and plus
16%

Household composition (%)

Single family
51%
Single person
41%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
71%
Polish
5%
Spanish
4%
Tibetan
3%
Tagalog (Pilipino, Filipino)
3%
Others
2%
Portuguese
2%
Russian
2%
Ukrainian
2%
French
1%

House tenancy (%)

Renters
58%
Owners
42%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget