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Listed 2 months ago

21 Sixteenth Street

New Toronto, Toronto

$1,888,888

Detached|2-Storey
3 | 5 | 2
About this home

Welcome to 23 Sixteenth St., Etobicoke - a beautifully designed custom-built home offering approximately 2,500 sq. ft. of finished living space. This modern residence features soaring ceilings, hardwood floors, a gourmet kitchen with a island and built-in appliances, and a bright open-concept living area with a fireplace and walkout to a private backyard.The luxurious primary suite includes vaulted ceilings and a spa-inspired ensuite, while the finished lower level offers a walk-up entrance, recreation room, wet bar, and 3-piece bath.Ideally located just minutes from Lake Ontario, waterfront parks, Humber Polytechnic, shops, restaurants, TTC, major highways, and downtown Toronto. A rare opportunity to own a stunning custom home in one of South Etobicoke's most desirable neighbourhoods.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. Age0-5
Size1500-2000 sq. ft.
Property Tax$7,000
Lot Size25 ft x 92 ft
mls© NumberW13423316
Listed ByCEG REAL ESTATE INC.

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%
$9,668
Property tax
$583
Heat allowance
$150
Housing costs
$10,401 / mo

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

Down payment20% · $377,778
25-yr amortization

Income needed

$320,000

gross annual household income

Payment at 4%
$7,949 / mo
Cash down
$377,778

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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