$699,000
54 Sixteenth Street, Toronto W06, ON M8V 3J8
3 Beds
2 Baths
3 Parking
***POWER OF SALE*** RENOVATORS DREAM IN A PRIME, SOUGHT AFTER LOCATION. This Bungalow sits on a large 30ft x 100ft lot and is awaiting some TLC. Showings can occur on main floor only as Tenant is not to be disturbed. However, this single family home has much potential for an Investor looking to turn it into a Duplex and rent both upper and lower or live in one and have the other pay your mortgage.

Property Summary

Property Type Residential Freehold
Property Sub Type Detached
Transaction Type For Sale
Style Bungalow
Bedrooms Above Grade 2
Bedrooms Below Grade 1
Bathrooms 2
Kitchens 2
Basement Separate Entrance, Apartment
Exposure West
Possession Immediate

Building

Building Type Detached
Square Footage 700-1100
Exterior Brick
Foundation Poured Concrete
Roof Asphalt Shingle
Heating Forced Air
Heat Source Gas
Cooling Central Air
Fireplace No

Measurements

Lot Size 34 x 100
Lot Size Units Feet
Frontage 34
Depth 100
Total Living Area 700-1100

Land

Address 54 Sixteenth Street, Toronto W06, ON M8V 3J8
City Toronto W06
Community New Toronto
County / Area Toronto
Cross Street Lakeshore Rd and Kipling Ave
Sewer Sewer
Pool None
Parcel Number 075990056

Parking and Garage

Total Parking 3
Garage Spaces 1
Garage Type Detached
Parking Features Private

Taxes and Listing Info

List Price $699,000
Annual Taxes $4,163
Tax Year 2025
Status Active
Listing Date 2026-05-24T16:02:21Z
Updated 2026-05-24T16:36:45Z
MLS Number W13167490
Local Market Insight

What Buyers Should Know About 54 Sixteenth Street, Toronto W06, ON M8V 3J8

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

54 Sixteenth Street, Toronto W06, ON M8V 3J8 is positioned in New Toronto, a part of Toronto W06 where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Bungalow, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Detached should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Lakeshore Rd and Kipling Ave, public transit options, parking availability, and drive times to employment areas. A property with 3 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $699,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 3 bedrooms, 2 bathrooms, basement details marked as Separate Entrance, Apartment, and a lot size of 34 x 100, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Toronto W06, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around New Toronto. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 54 Sixteenth Street, Toronto W06, ON M8V 3J8, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.