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26 Sixteenth Street, New Toronto M8V 3J8

Price

$699,000

Bedrooms

2 Beds

Bathrooms

2 Baths

Size

< 700 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$4931.24

Description

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. Seller has been approved for an extension by the municipality. Please find the registered plan in the attachments.Buyers and cooperating agents are advised to complete their own due diligence regarding approvals, permits, and intended use.

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$3,422 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$559,200

Total Interest Payments

$344,781

Total Payment (Principal + Interest)

$903,981

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

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Meet Ken Matsumoto

Meet Ken Matsumoto

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

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