58 FORTY-FIRST STREET, Toronto (Long Branch)

$1,299,900

For sale: Multiplex

Multiplex at 58 FORTY-FIRST STREET, Toronto (Long Branch)
Property type
Triplex
Bedrooms / bathrooms
8 bedrooms, 3 bathrooms
Living area
2,500 sqft
MLS®
MLS® W13518424
Neighbourhood
Long Branch

Beautifully renovated detached triplex on a large 50 x 120 foot lot in an unbeatable Toronto location, offering exceptional income potential for investors or end users looking to live in one unit while generating rental income from the others, potential double lot and also potential to add a garden suite to increase revenue. This well-maintained property features three self-contained units, including two spacious 3-bedroom suites and a 2-bedroom lower-level apartment, making it an ideal opportunity for multi-generational living or strong cash flow. Each upper unit showcases hardwood flooring throughout, updated kitchens with stone countertops, stainless steel appliances, modern cabinetry and stylish finishes. The thoughtfully designed layouts offer generous living and dining areas, spacious bedrooms and renovated bathrooms. The lower-level apartment provides additional income potential with its own kitchen, living space, 2 bedrooms and full bath. The property also offers a common storage area, coin-operated laundry, a newer hot water tank and no rental items for added peace of mind. Outside, enjoy a detached double-car garage plus parking for up to 8 vehicles-an incredibly rare feature in the city. Conveniently located close to the TTC, GO Train, the lake, parks, schools, and shopping, this turnkey investment combines location, versatility, and outstanding value in one exceptional property. Fully leased with great AAA tenants! Start building equity immediately!

Sold data

Homes in Long Branch — recent sold market

Homes in Long Branch took a median of 21 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 39, across 122 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.

The median sale price was $897,000.

Homes sold for about 3.1% below asking on average, so there was room to negotiate.

About 16% of sales closed above the list price.

Around 11% of sellers reduced their price before finding a buyer.

Median days to sell
21
Median sale price
$897,000
Sale-to-list ratio
96.9%
Sold above asking
16%

Based on 122 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Long Branch)

Toronto (Long Branch) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Long Branch)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 58 FORTY-FIRST STREET