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Vaughan, ON L4L 1W3
Tel: (905) 856-7514

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48 Sixteenth Street, Toronto W06, ON M8V 3J8

Detached Home For Sale | W13682280Sale

Listing ID: W13682280
$1,499,999
4 Bedrooms
2 Bathrooms
Listing ID #W13682280
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 **

Basic Details
Listing ID : W13682280
Listing Type : Sale
Price : $1,499,999
Bathrooms : 2
Status : Active
Property Sub Type : Detached
Roof : Asphalt Shingle
Map
Address Map
48
Sixteenth
US
ON
Toronto
Toronto W06
M8V 3J8
Street
West
Kipling & Lakeshore
Property Area
New Toronto
Features
: Central Air
: None
: Finished, Separate Entrance
: Private Double
: Bungalow
: Patio, Landscaped
: Storage, In-Law Suite, Primary Bedroom - Main Floor
: Sewer
Rooms
4
Additional Information
: Stucco (Plaster)
: Concrete Block
https://48sixteenthstreet.onepageproperties.com/
Financial
4596.2
Listing Information
EXP REALTY
New
2026-08-20T20:36:58Z
TRREB

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