48 Sixteenth Street, Toronto, ON M8V 3J8
Toronto W06, ON, M8V 3J8 · New Toronto
About this property
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 **
Features & Amenities
- Basement: Separate Entrance, Finished
- Garage: None
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: Bungalow
- Construction: Stucco (Plaster)
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | Bungalow |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Basement | Separate Entrance, Finished |
| Garage | None |
| Parking Spaces | 6 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $4,596 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- In-Law Suite, Primary Bedroom - Main Floor, Storage
Exterior Features
- Exterior Features
- Landscaped, Patio
- Other Structures
- Shed
- Pool Features
- None
Building & Construction
- Architectural Style
- Bungalow
- Construction Materials
- Stucco (Plaster)
- Foundation Details
- Concrete Block
- Roof
- Asphalt Shingle
- Basement
- Separate Entrance, Finished
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 6
- Parking Total
- 6.00
- Parking Features
- Private Double
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 100.16
- Lot Width
- 50.08
Community & Neighborhood
- Property Features
- Fenced Yard, Golf, Hospital, Park, Public Transit, School
Financial & Tax
- Tax Annual Amount
- $4,596
- Tax Year
- 2026
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 6
- Rooms Below Grade
- 2
- Kitchens Above Grade
- 1
- Kitchens Total
- 2
- Bedrooms Above Grade
- 2
- Bedrooms Below Grade
- 2
Additional Details
- Occupant Type
- Owner
- Direction Faces
- West
- County Or Parish
- Toronto
- Cross Street
- Kipling & Lakeshore
- Directions
- Kipling & Lakeshore
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
48 Sixteenth Street, Toronto, ON M8V 3J8, Toronto W06, ON, M8V 3J8