188 Fifth Street, Toronto W06, ON

$939,000
MLS#:W12720200
4 beds
2 baths
1100-1500 sqft
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of New Toronto. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $939,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 25 x 118 ft lot
  • Features a ["finished", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Auto Garage Door Remote
  • equipped with ["none"] central cooling and highly efficient water heating via gas

Welcome to 188 Fifth Street, a thoughtfully updated, detached, two-storey family home offering three bedrooms and two bathrooms in the heart of South Etobicoke. This delightful property combines comfort, style, and convenience in one of the area's most desirable neighbourhoods. Enjoy being just a short walk from Lakeshore Village's vibrant shops and restaurants, the Lake Shore streetcar, and beautiful lakeside parks with scenic walking and biking trails. Commuters will appreciate the easy access to both Long Branch and Mimico GO stations, making travel around the city effortless. Step in from the home's welcoming covered front porch to a space that has been freshly painted throughout. The main floor features a renovated kitchen with granite countertops, stainless steel appliances, a heated floor, a pantry, and a breakfast bar-perfect for everyday living and entertaining. The kitchen connects to a separate back entry/mudroom with a large closet and a walk-out to the backyard. The main floor also includes hardwood flooring, a spacious dining room, and a separate living room with a charming pocket door. Upstairs, you'll find three bright bedrooms, each with generous closet space, as well as a renovated three-piece bathroom with a glass shower stall. The lower level offers even more living space, including a recreation room, a four-piece bathroom, and a laundry area, plus a walk-up to the backyard. The property also features a wide mutual drive and a garage, providing easy parking for two cars. The property qualifies for a laneway house build in the rear portion of the lot. The maximum size of a permitted as-of-right build appears to be approximately 1,459 square feet (over two floors-main and upper), with the option to include a car garage on the main floor, accessible via the laneway. With its thoughtful updates, inviting atmosphere, and great location near the lake, 188 Fifth Street is the perfect place to call home in South Etobicoke.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 20, 2026
Sold price information is available to members only
Listed Date1/22/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size25 × 118 Feet
CountyToronto
Annual Tax$4,102.23
Legal DescriptionPT LT 411, PL 1043 , AS IN TB624811, S/T & T/W EB531626 ; ETOBICOKE , CITY OF TORONTO

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeWater
Cooling["None"]

Features

Property Features

Lake/Pond, Library, Park, Place Of Worship, Public Transit, School

Community Features

Location

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188 Fifth Street, Toronto W06, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 188 Fifth Street, Toronto W06, ON M8V 2Z7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$751,200
Monthly Mortgage$4,365
Property Tax (Est.)$342
Utilities & Maint.$350
Total Monthly Cost$5,057

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto W06.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for New Toronto, Toronto W06.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,206,861

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Second Street
Public71 Second Street, Etobicoke, Toronto, Ontario, M8V 2X4
4.7
The Holy Trinity
Public6 Colonel Samuel Smith Park Drive, Etobicoke, Toronto, Ontario, M8V 4B7
8.3
John English
Public95 Mimico Avenue, Etobicoke, Toronto, Ontario, M8V 1R4
6.0
James S Bell
Public90 Thirty First Street, Etobicoke, Toronto, Ontario, M8W 3E9
5.2
St Louis
Public11 Morgan Avenue, Etobicoke, Toronto, Ontario, M8Y 2Z7
7.6

Secondary Schools

Father John Redmond
Public28 Colonel Samuel Smith Park Drive, Etobicoke, Toronto, Ontario, M8V 4B7
8.6
Lakeshore
Public350 Kipling Avenue, Etobicoke, Toronto, Ontario, M8V 3L1
4.9
Etobicoke-Arts
Public675 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T1
8.2
Bishop Allen
Public721 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3
8.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.