97 Sixteenth Street
New Toronto, Toronto, M8V 3J9
FOR SALE
$688,000
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Property Description
Perfect for first-time buyers, this beautifully renovated fully detached home in Toronto's growing lakeside community offers an easy and affordable entry into the market. Featuring two-car front yard parking and a surprisingly spacious layout, the home backs onto green space for exceptional privacy and includes a 12x12 deck with a covered patio-ideal for relaxing or entertaining. Located within walking distance to Kipling TTC, the lake, Humber College, and Colonel Samuel Smith Park, it combines everyday convenience with a vibrant outdoor lifestyle. Recent updates include a modern kitchen, newly painted wall and new furnace making it truly move-in ready. . A large second-floor loft provides flexible storage or closet space. With seller offering VTB (Vendor Take Back Mortgage), this is a rare opportunity to own a detached home with greater financing flexibility.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2021-02-25 | 2021-03-13 | 16 | $799,000 | $760,000 |
| 2003-07-23 | 2003-07-28 | 5 | $279,000 | $275,000 |
| 2003-02-12 | 2003-02-17 | 5 | $180,000 | $188,000 |
Nearby Intersections
Property Features
Fenced Yard, Greenbelt/Conservation, Lake/Pond, Park, Public Transit, Wooded/Treed, None, Front Yard Parking
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Property Details
Address
97 Sixteenth Street
Community
City
Postal Code
M8V 3J9
Property Type
Detached, Detached
Zoning
Res
Lot Size
25' x 87'
Taxes
$3,408 (2025
Basement
Crawl Space, Unfinished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with Bay Street Group Inc.
Outstanding development opportunity on a severed lot allowing for the construction of two detached homes. The property currently features an existing home with tenants paying $3,000/month. Each severed lot is priced at $519,000, and both lots must be sold together. Buyers have the option to maintain the current rental property or redevelop and build two detached residences of approximately 2,000 sq ft each. See attached plans for details. Motivated seller - bring all offers.
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Outstanding development opportunity on a severed lot allowing for the construction of two detached homes. The property currently features an existing home with tenants paying $3,000/month. Each severed lot is priced at $519,000, and both lots must be sold together. Buyers have the option to maintain the current rental property or redevelop and build two detached residences of approximately 2,000 sq ft each. See attached plans for details. Motivated seller - bring all offers.
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