$1,999,999
Est. payment $8,856/moCalculate yours
16 Fennings Street, Toronto, ON M6J 3B8
Trinity-Bellwoods, Toronto, ON M6J 3B8
- 6 Beds
- 5 Baths
- 3,500 Sq Ft
Listing courtesy of ROYAL LEPAGE TERREQUITY REALTY MLS® C13795598
About this home
Power of Sale Opportunity! Rare 25 ft wide renovated semi detached property featuring 3 separate units with the potential to generate approx $120,000 in gross annual rental income when fully leased. The front unit is currently leased while the two additional units are vacant and recently renovated. Perfect for investors seeking strong rental income or end users looking to live in one unit while collecting rental income from the other two helping significantly offset mortgage and carrying costs. Further upside with the potential to build a laneway home with 2 additional units subject to approvals and due diligence. Located in an excellent, highly desirable area within walking distance to vibrant neighbourhood amenities, restaurants, cafes, shopping, transit and more. A rare opportunity combining strong income potential, flexible living options and addition of potential laneway units increasing future value and upside!
Property details
Overview
- Property Type
- Semi-Detached
- Style
- 2 1/2 Storey
- For
- For Sale
- Status
- Price Change
- Size
- 3,500 sqft
Interior
- Bedrooms
- 6
- Bathrooms
- 5
- Kitchens
- 3
- Basement
- Separate Entrance, Finished, Walk-Up
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 25 x 130.67 Feet
- Parking
- None garage · 4 total
Financial
- Property Taxes
- $8,087 (2026)
Location
- Neighbourhood
- Trinity-Bellwoods
- Cross Street
- Queen St & Ossington Ave
- Direction Faces
- West
Listing
- MLS® Number
- C13795598
- Days on Market
- 31
- Listed On
- 2026-09-17
- Possession
- Immediate
- Listed By
- ROYAL LEPAGE TERREQUITY REALTY
Features
Interior
- Sump Pump
Pool
- None
- Included
- All existing in the Sellers possession (if any): Fridge, Stove, Range Fan/Microwave, Dishwasher, Washer & Dryer, Electric Light Fixtures and Window Coverings.
Mortgage calculator
Estimated mortgage payment
$8,856 per month
- Principal and interest
- $8,856
- Property tax
- $674
- Condo fees
- $0
- Estimated monthly cost
- $9,530
Your mortgage
- Mortgage amount
- $1,599,999
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,056,670
Cash to close
- Down payment
- $400,000
- Land transfer tax (Ontario + Toronto)
- $72,950
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $472,950
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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