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New2 hours ago

26 Sixteenth Street

New Toronto, Toronto

$699,000

Detached|Bungalow
2 | 2 | 7
About this home

Welcome to this beautifully updated bungalow in the heart of South Etobicoke, situated on a deep lot across from Colonel Samuel Smith Park. This turnkey 2+3 bedroom home offers incredible flexibility for end users, investors, or multi-generational living.This bright main floor features 2 spacious bedrooms, a modern kitchen, separate dining area, and a renovated 4-piece bath. The fully finished lower level includes a private separate entrance, 3 bedrooms, second kitchen, laundry, and an additional 3-piece bath - ideal for rental income or extended family.Enjoy beautifully landscaped front and backyard spaces, a new front patio with LED lighting, backyard deck, garden shed, detached garage, and parking for up to 7 vehicles.Steps to waterfront trails, transit, Humber College, shops, restaurants, and minutes to Long Branch GO Station and Mimico GO Station.A rare opportunity to own a versatile income-generating property in one of Etobicoke's most desirable waterfront communities.

Extras

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  • Sun, Sep 20

    1:00 PM – 4:00 PM

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Got questions?

Contact Angela directly.

agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,931
Lot Size37.5 ft x 100 ft
mls© NumberW13791796
Listed ByRE/MAX HALLMARK REALTY LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,578
Property tax
$411
Heat allowance
$150
Housing costs
$4,139 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $139,800
25-yr amortization

Income needed

$127,000

gross annual household income

Payment at 4%
$2,942 / mo
Cash down
$139,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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