MLS® listing
16 Twelfth Street: detached house for sale
$2,099,000
From the listing brokerage
BRAND-NEW MODERN RESIDENCE-COMING FALL 2026! Secure early-bird pricing on this custom home currently under construction fining stage, overlooking the park and steps from Lake Ontario in New Toronto.Thoughtfully designed with clean architectural lines and clad in premium Spanish brick, this contemporary residence combines elevated design with the warmth and character of a quiet, tree-lined neighbourhood.Inside, 3+1 bedrooms and 5 bathrooms provide generous living space across multiple levels. Rich hardwood flooring, abundant natural light and carefully selected modern finishes create a refined yet comfortable interior designed for everyday family living and entertaining.The fully finished walkout lower level adds exceptional flexibility, featuring heated polished-concrete floors, a fourth bedroom, kitchen rough-in and direct backyard access. Its thoughtful layout offers excellent potential for an in-law or nanny suite, extended-family living, or future secondary-suite/income use.Just steps from Lake Ontario, the waterfront trail, parks and green space, with convenient access to transit, schools and everyday amenities, this is a rare opportunity to enjoy peaceful lakeside living while remaining connected to the city.Anticipated completion Fall 2026. Secure today's early-bird pricing and the opportunity to own a brand-new custom home in one of New Toronto's most desirable lakeside pockets.
Facts on the listing
| Square feet | 2000-2500 |
|---|---|
| Approximate age | New |
| Style | 2-Storey |
| Basement | Finished with Walk-Out |
| Lot width | 25 |
| Lot depth | 110 |
| Lot measured in | Feet |
| Faces | West |
| Parking spaces | 2 |
| Garage | Attached |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Property tax | |
| Tax year | 2026 |
| Interior features | In-Law Capability |
| Features | Park, Waterfront |
Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS® W13742432.
About this detached house
16 Twelfth Street is a 4 bedroom detached house in TRREB's New Toronto community in Toronto, listed for sale at $2,099,000. The listing shows 5 bathrooms and 2000-2500 square feet. The style is given as 2-storey. The lot is listed as 25 by 110 feet. The listing gives the basement as finished with walk-out. It comes with 2 parking spaces and an attached garage according to the listing. The nearest main intersection given is Twelfth St and Lake Shore Dr. The age is listed as New years.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 16 Twelfth Street
At the asking price of $2,099,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $2,099,000 |
|---|---|
| Ontario land transfer tax | $38,950 |
| Toronto municipal land transfer tax | $38,950 |
| Both taxes | $77,900 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $419,800 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The rates above $2,000,000 used here are the ones for a home with one or two single family residences. A property with more units is taxed differently. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
How the asking price compares
TRREB recorded 550 detached house sales in the City of Toronto in August 2026, at a median price of $1,170,000 and an average of $1,525,749. This home is listed at $2,099,000, which is $929,000 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as forced air.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 25 by 110 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the street and the homes beside it.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 16 Twelfth Street
How much is land transfer tax on 16 Twelfth Street?
At the asking price of $2,099,000 the Ontario tax is $38,950 and the Toronto tax is $38,950, $77,900 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 16 Twelfth Street?
$419,800 at the asking price of $2,099,000, under the federal minimum down payment rules. A lender may require more.
Is 16 Twelfth Street priced above or below the median?
It is listed at $2,099,000. The August 2026 median for detached house sales in the City of Toronto was $1,170,000 across 550 sales, so the asking price is $929,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 16 Twelfth Street?
Use the form on this page or call us. Quote MLS® W13742432. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 16 Twelfth Street still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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