for squeezing IQ out of the camera, the best values are in Canon primes - 50 1.4, 85 1.8, 100 2, 100 2.8M, 135 2, 200 2.8. Wideangle is a problem, but the Tokina 11-16 is pretty good with a crop frame camera. In general, i don't recommend investing a lot of money in aps-C lenses - if you want to make big prints you're ultimately going to want full frame - even if it's a good used 5D.
using good lenses and technique, 16x24 from your camera should not be a big problem. larger prints will require very good lighting and less demanding subjects but are possible