$1,499,900
↓ $100,000 from $1,599,900
Est. payment $6,641/moCalculate yours
58 Forty-First Street, Toronto, ON M8W 3N6
Long Branch, Etobicoke, ON M8W 3N6
- 6 + 2 Beds
- 3 Baths
- 2 Garage
- 2,000 Sq Ft
Listing courtesy of RE/MAX PREMIER INC. MLS® W13518424
About this home
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!
Property details
Overview
- Property Type
- Triplex
- Style
- 2-Storey
- For
- For Sale
- Status
- Price Change
- Size
- 2,000 sqft
Interior
- Bedrooms
- 6 + 2
- Bathrooms
- 3
- Kitchens
- 2
- Basement
- Apartment, Separate Entrance, Finished
Building & Systems
- Heating
- Radiant (Gas)
- Cooling
- Window Unit(s)
- Exterior
- Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 50 x 120 Feet
- Parking
- Detached garage · 8 total
Financial
- Property Taxes
- $7,075 (2026)
Location
- Neighbourhood
- Long Branch
- Cross Street
- Hwy 427/Lakeshore Rd E
- Direction Faces
- West
Listing
- MLS® Number
- W13518424
- Days on Market
- 107
- Listed On
- 2026-07-03
- Possession
- 60 Days +
- Listed By
- RE/MAX PREMIER INC.
Rooms
Features
Interior
- Separate Hydro Meter
- Storage Area Lockers
Pool
- None
- Included
- 3 Fridges, 3 Stoves, 2 Dishwashers, 1 Microwave Hoodfan, Coin operated Washer & Dryer (In Bsmt),all existing window coverings, all existing light fixtures, ceiling fans, double garage door opener with remote, hot water tank, storage shed and 4 separate hydro meters.
- Excluded
- All window air conditioning units, TV's and wall brackets belonging to the tenants.
Mortgage calculator
Estimated mortgage payment
$6,641 per month
- Principal and interest
- $6,641
- Property tax
- $590
- Condo fees
- $0
- Estimated monthly cost
- $7,231
Your mortgage
- Mortgage amount
- $1,199,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $792,450
Cash to close
- Down payment
- $299,980
- Land transfer tax (Ontario + Toronto)
- $52,946
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $352,926
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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