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New4 hours ago

16 Twelfth Street

New Toronto, Toronto

$2,099,000

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

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.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNew
Size2000-2500 sq. ft.
Property Tax---
Lot Size25 ft x 110 ft
mls© NumberW13742432
Listed ByFOREST HILL REAL ESTATE INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$10,744
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$10,894 / mo

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

Down payment20% · $419,800
25-yr amortization

Income needed

$335,000

gross annual household income

Payment at 4%
$8,833 / mo
Cash down
$419,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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