48 Sixteenth Street

New Toronto, Toronto, M8V 3J8
FOR SALE
$1,499,999
48 Sixteenth Street, Toronto
48 Sixteenth Street
48 Sixteenth Street
48 Sixteenth Street
48 Sixteenth Street
48 Sixteenth Street
48 Sixteenth Street
48 Sixteenth Street
48 Sixteenth Street
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2 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
6 + 2
ROOMS
W13682280
MLSID
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Property 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 **
Sold History
List Date Sold Date Days Listed List Price Sold Price
2020-09-09 2020-09-15 6 $979,000 $1,118,000
2012-09-04 2012-09-11 7 $449,000 $475,100
2006-09-25 2006-09-27 2 $319,000 $317,000
2000-05-20 2000-06-07 18 $239,000 $234,500
Nearby Intersections
Property Features
Fenced Yard, Golf, Hospital, Park, Public Transit, School, In-Law Suite, Primary Bedroom - Main Floor, Storage, Private Double
Property Details
Address
48 Sixteenth Street
Community
Postal Code
M8V 3J8
Property Type
Detached, Detached
Lot Size
50' x 100'
Taxes
$4,596 (2026
Basement
Separate Entrance, Finished
Exterior
Landscaped, Patio
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
6
Garage Type
None
Listing contracted with Exp Realty
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BEDS
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$1,299,000
FOR SALE
Welcome to 52 Colonel Danforth Trail, where luxury, privacy, and nature come together on one of Centennial Scarborough's most prestigious and rarely offered streets. Situated on an incredible 57 x 298 ft lot-almost 15,000 sq. ft. of property-this beautifully maintained bungalow offers the perfect blend of refined living, privacy, and everyday comfort. Designed to adapt to every stage of life, this exceptional home is ideal for multi-generational families, downsizers seeking one-level living, or anyone looking for flexible space for extended family or guests. A separate side entrance, two updated kitchens with granite countertops (upper w gas stove!), and a fully finished lower level provide incredible versatility. The spacious primary retreat showcases an impressive addition with soaring cathedral ceilings, custom built-ins, a gas fireplace, and a walkout overlooking the spectacular backyard oasis. Hardwood flooring, spa-inspired bathrooms with heated floors (both baths) and a Jetted tub! Abundant custom storage, and quality finishes are found throughout, with two gas fireplaces creating warm and inviting living spaces. Step outside to your own private resort! The beautifully landscaped backyard features a heated in-ground pool, hot tub, and exceptional cabana complete with hydro, a commercial refrigerator, and Murphy bed-creating an ideal guest retreat, home office, or entertaining space. Multiple outdoor living areas, mature landscaping, and exceptional privacy create a true "cottage in the city" lifestyle. Ample parking completes this remarkable property. Updates include Lennox furnace & A/C (2023), newer roof, updated windows & doors, and pool & cabana (2009).Steps to Colonel Danforth Park & Lower Highland Creek Ravine, with scenic trails connecting to Lake Ontario. Enjoy hiking, biking, walking & birdwatching while remaining minutes to Rouge GO, TTC, Hwy 401, schools, shopping & amenities. A Home Inspection is available upon request. See extensive upgrade list
330 Horsham Avenue, Toronto
3+1
BEDS
2
BATHS
$1,299,000
FOR SALE
***Wow, Willowdale 50x132 Ft. Prime Location Building Lot-Strong Land Value, Perfect Opportunity for Builders and Developers. Bring Your Plans-This Spot won't Last. High-Value Lot In a Sought-after Area. Build The Home Of Your Dreams In An Established Neighborhood. Benefit From The Excellent Location With Easy Access To Schools, Parks, Transit, Shopping, and Major Highways. Buyers & Buyer's Agent To Verify All Details, Measurements, Property Taxes, and Zoning With The City. Property Sold As Land Value Only.
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