$1,499,999

48 Sixteenth Street, Toronto, Ontario

4

Beds

2

Baths

W13682280

MLS® Number

50

Days on Website

For Sale

Listing Type

$1,499,999 | New Toronto Toronto for Sale at 48 Sixteenth Street Toronto

Explore 48 Sixteenth Street, a Desirable New Toronto home for sale for $1,499,999! This New Toronto Bungalow for sale in Toronto has been listed on Real-Estate.ca for 50 days under MLS® #W13682280. This home is a Bungalow Single Family with 4 bedrooms and 2.00 bathrooms. Parking is No Garage and it has a Finished, Separate entrance, N/A, N/A basement. Explore the Toronto real estate market and available New Toronto homes for sale!

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 ** (id:6289)

Financial and Mortgage

List Price $1,499,999
Original Price $1,499,999
Monthly Payment $6,255/month
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Days on Website 50

48 Sixteenth Street Details

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Construction and Lot

Bedrooms 4
Bathrooms 2.00
Parking Spaces 6
Parking No Garage
Garages No Garage
Has Basement Yes
Basement Finished, Separate entrance, N/A, N/A
Foundation Block
Cooling Central air conditioning
Heating Forced air, Natural gas
Exterior Stucco
# of Stories 1
Features In-Law Suite

Exterior of 48 Sixteenth Street

Type Single Family
Style Bungalow
Sub-Type Freehold
Features In-Law Suite

Interior

Fireplace No

New Toronto Information

About New Toronto in Toronto

Address 48 Sixteenth Street
Subdivision New Toronto
City Toronto
Province Ontario
Postal Code M8V3J8
Features In-Law Suite
Office/Brokerage EXP REALTY

New Toronto Map, Demographics, Characteristics

Book a Viewing of 48 Sixteenth Street and other New Toronto homes.

See 48 Sixteenth Street and other New Toronto homes for sale! Call 1 (866) 255-9555 to book a viewing of MLS® #W13682280 48 Sixteenth Street in New Toronto, Toronto Ontario, or fill out the form below. Looking for more Bungalow Single Family New Toronto homes for sale in Toronto? Our top Toronto real estate specialists are ready to help you buy or sell in the New Toronto area. Contact us today!

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