58 Forty First Street

Long Branch, Toronto, M8W 3N6
FOR SALE
$1,599,900
58 Forty First Street, Toronto
58 Forty First Street
58 Forty First Street
58 Forty First Street
58 Forty First Street
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6 + 2
BEDROOMS
3
BATHROOMS
2
KITCHENS
12 + 5
ROOMS
W13518424
MLSID
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Property Description
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. 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 History
List Date Sold Date Days Listed List Price Sold Price
2012-01-07 2012-02-08 32 $819,000 $819,000
2006-06-21 2006-07-29 38 $515,000 $500,000
2004-09-09 2004-11-07 59 $449,900 $438,000
Nearby Intersections
Property Features
Separate Hydro Meter, Storage Area Lockers, Private
Property Details
Address
58 Forty First Street
Community
Postal Code
M8W 3N6
Property Type
Duplex, Duplex
Lot Size
50' x 120'
Taxes
$7,075 (2026
Basement
Apartment, Separate Entrance, Finished
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
6
Garage Type
Detached
Listing contracted with Re/Max Premier Inc.
182 Coleman Avenue, Toronto
7
BEDS
3
BATHS
$1,499,000
FOR SALE
Exceptional opportunity to own a versatile duplex in the heart of Crescent Town, just steps from the vibrant Danforth! Whether you're an investor looking for strong income potential or a buyer seeking a multi-generational living opportunity, this property offers incredible flexibility.This solid, meticulously maintained brick home features two self-contained 2-bedroom, 1-bathroom suites on the main and upper levels, while the finished basement includes 3 bedrooms, a full bathroom, and a kitchen, providing even more living possibilities. Each unit feels bright and open, with large windows throughout. An added bonus, a private drive featuring a double-car block garage. Lovingly updated since 2020, this property showcases numerous cosmetic improvements, including new flooring and baseboards throughout, fresh paint, a beautifully renovated upper-level kitchen, updated appliances, modern light fixtures, stylish barn doors, custom closet organizers, and much more (see attached improvement list). As an added bonus, the home is being offered fully furnished, making it an exceptional turnkey opportunity.Located in one of Toronto's most connected east-end neighbourhoods, you'll enjoy being just a short walk to Victoria Park Subway Station, Danforth GO Station, parks, schools, grocery stores, cafés, restaurants, and all the everyday amenities that make the Danforth such a sought-after place to live. With convenient transit access, a vibrant community, and outstanding income potential, this is a rare opportunity not to be missed.
121 Medland Street, Toronto
5+1
BEDS
4
BATHS
$1,499,000
FOR SALE
Situated on a mature tree lined street near High Park, The Junction, and Bloor West Village, this move in ready legal duplex offers exceptional versatility for end users, multigenerational families, or buyers looking to supplement their mortgage. Freshly painted in neutral tones throughout, the property features three distinct self contained suites, four washrooms across all levels, and dedicated laundry with updated machines for each unit.The spacious upper residence spans the second and third floors, featuring three bright bedrooms, two washrooms, plus a functional den ideal for a primary home, family living, or dedicated office space. The main floor unit offers a charming one bedroom layout with a full washroom and a direct walkout to a deep, tranquil backyard shaded by a lush tree canopy. Completing the layout is a fully self contained lower level apartment complete with its own kitchen and washroom, currently rented for an immediate and steady income stream.Exterior features include a durable metal roof and two legal rear parking spaces accessed via a shared laneway, with potential to legalize a third space at the front. Located steps from artisanal coffee shops, vibrant dining, local boutiques, and transit, this turn key property offers the perfect combination of space, lifestyle, and financial flexibility in a premier Toronto neighborhood.
279 Lauder Avenue, Toronto
6
BEDS
4
BATHS
$1,449,000
FOR SALE
An excellent opportunity to acquire a well-performing multi-residential property in Toronto's evolving and highly desirable Oakwood Village neighbourhood. 279 Lauder Ave offers investors a stable, income-generating asset in a community experiencing strong rental demand and ongoing revitalization. This very well-managed property has been meticulously maintained by an experienced owner, reflecting pride of ownership and operational efficiency. Recent upgrades include all windows and blinds, exterior doors, driveway and parking areas, composite back deck, refreshed front deck, front stairs and railings, bathrooms, electrical panels, tankless water heater, and most appliances. Current rents are at market level and investors benefit from a **strong cap rate of 4.65%**, with minimal need for repositioning.Tenants benefit from efficient floorplans and excellent transit access, with the St. Clair streetcar just an 8-minute walk away, connecting seamlessly across the city. The property is also steps from the lively St. Clair West corridor, known for its diverse mix of cafés, restaurants, and local shops, enhancing everyday convenience and lifestyle appeal.This well-managed asset reflects pride of ownership and long-term care, making it an ideal turnkey addition to any investment portfolio. With strong fundamentals, desirable location, and steady income, 279 Lauder Ave is positioned for continued tenant demand and future growth.
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