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MLS® W13560268For SaleDetached

40 MacDonald St

Mimico, Toronto, Ontario M8V 1Y4

Map
1 / 5
40 MacDonald St, Toronto, photo 1
Asking$1,399,000
Bedrooms
4+1
Bathrooms
4
Size
2,000–2,500sq ft
Per sq ft
$622at the range’s middle
Lot
50 x 125 ft
Tax a year
$7,7652026 tax year
Built
51-99
Parking
62 attached
Days on market
Members

The brief

About 40 MacDonald St

40 MacDonald St is a 4+1-bedroom, 4-bathroom detached house in Mimico, Toronto, listed for sale at an asking price of $1,399,000 (MLS® W13560268).

Excellent Development Potential in Highly Coveted Mimico. Rare 50 x 125 Ft Lot in One of the City's Most Vibrant Lakeside Communities. Effortless Stroll to Mimico Go Station, Lake Ontario and Top Tier Schools. This Huge 4 Level Backsplit Features 4 Bedrooms, 4 Bathrooms, Cathedral Ceiling in Entry & Foyer, Separate Entrance to Lower Levels with Walkout at Grade, Huge Above Grade Family Room, Replaced Oak Hardwood Floors & Stairs in LR, DR & Family Room. Roof 2018, Solid Double Garage with Large Loft Area, Double Drive-way. Renovate to Build Your Ultimate Custom Dream Home or Apply to Sever and Build Two! This property offers many Opportunities in a Highly Desirable Neighbourhood

Insights

  • Condition Score

    Good

    6 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$2,030/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 127 detached homes with 5 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$7,765 / 2026
MLS® number
W13560268
Board
TRREB MLS®
Property Type
Detached
Building Age
51-99
Days on market
Size
2000-2500 sqft
Lot Size
50 x 125 ft
Listed on
Parking
2 Attached, 6 Parking
Listing brokerage: ROYAL LEPAGE TERREQUITY REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Detached
Style
Backsplit 4
Community
Mimico
Municipality
Toronto

Building

Size
2000-2500 sqft
Building Age
51-99
Construction
Brick

Inside

Bedrooms
4+1
Bathrooms
4
Bathroom Details
1 × 4pc Ground, 1 × 3pc Lower, 1 × 4pc Upper, 1 × 3pc In Betwn
Basement Type
Partly Finished
Kitchens
1

Parking

Driveway
Pvt Double
Garage Type
Attached
Garage
2
Additional Parking
4
Total Parking
6

Utilities

Water
Municipal
Cooling
None
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
50 ft
Depth
125 ft
Lot Size
50 x 125 ft

Additional

Roof
Shingles
Fireplace
No
Pool
None
Den
Yes
Family room
Yes
Extras
All Chattels including all appliances in "as is" condition (Estate). NOTE - Furnace currently inoperable.

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Listing history

Buy/sell history for 40 MacDonald St, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$1,399,000N/AFor SaleW13560268

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $279,800

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$279,800
Total mortgage amount
$1,119,200
Total interest payment
$795,700
Total purchase cost
$2,194,700
Mortgage payment
$6,383/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

45%

Monthly carrying cost

$7,030
−$2,030per month
  • Rent $5,000
  • Shortfall $2,030

Rental income opens at $5,000, the median asking rent of 127 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$24,455
Toronto municipal land transfer tax
$24,455
Total land transfer tax
$48,910
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$40,435
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $1,399,000
$19,980
Ontario total
$24,455

Toronto’s municipal tax uses the same brackets at this price, so it adds another $24,455.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Lot area
6,250 sq ft581 m²
Street frontage
50 ft15.2 m
Depth
125 ft38.1 m
50 × 125 ftMACDONALD ST

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by GeoWarehouse.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

17 records · 11 on fileRead 2026-11-04
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 3 m below ground nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasMapped parcel: about 6,270 sq ft52 building permits issued within 250 m in the last 2 yearsNearest airport: 7.7 kmNearest rail line: 280 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 m2 facilities within 1 km report pollutant releases to Environment Canada3 federal contaminated sites within 1 kmElectricity is distributed here by Toronto Hydro-Electric System LimitedWired internet 50/10 Mbps or faster is listed at a household 60 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation4

  • Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m6 test or monitoring holes also recorded.250 m
  • Groundwater recorded about 3 m below ground nearbyThe middle water level in the well records within 500 m (112 records). It changes with the season and from spot to spot.500 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity4

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • 52 building permits issued within 250 m in the last 2 years250 m
  • Nearest airport: 7.7 km7.7 km
  • Mapped parcel: about 6,270 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address

Province of Ontario open data · Municipal building permits · toronto.parcels

Around the home2

  • Nearest rail line: 280 m280 m
  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • 2 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is VIA RAIL CANADA INC. — Centre de maintenance de Toronto, 850 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
  • 3 federal contaminated sites within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
  • Wired internet 50/10 Mbps or faster is listed at a household 60 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (60 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.60 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

Heritage and ravine protection

  • Not found on the Heritage Register
  • Not in a mapped Heritage Conservation District
  • Not in the mapped ravine protection area

What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Zoning

Zone

RM (u4; d0.6) (x22)

By-law

569-2013

Municipality

Toronto
Residential Multiple Dwelling zone (RM)
  1. 1 u4

    Unit count: at most 4 dwelling units.

  2. 2 d0.6

    Density: floor area is capped at 0.6 times the lot area.

  3. 3 x22

    Site-specific exception 22: this site has rules of its own, written in the by-law.

  4. 4 Where this is written

    Chapter 10, section 10.80 of By-law 569-2013 · Exception 900.6.10(22)

  5. 5 What that means in practice

    These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.

City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Permit history

No building permits on file at this address.

Signals around this home

Changing nearby

Changing nearby. 6 open development applications within 800 m of this home.

  • 266 ROYAL YORK RDOfficial plan or zoning amendmentUnder Review

    The proposed development consists of a mixed-use building with 36 storey and 29 storey towers (respectively 116.2 m and 98.7 m in height excl. mechanical penthouses) 413 sqm of retail at grade, a 12,374 sqm multi-storey self-storage building as a future phase, and a 1,146 m² public park.Related applications: Zoning Amendment (21 236250 WET 03 OZ), Subdivision (21 236297 WET 03 SB), Site Plan (21 252097 WET 03 SA)


    390 m away

  • 266 ROYAL YORK RDSite planUnder Review

    Revised Site Plan Control application to permit a mixed-use development consisting of a mixed-use building with 37 storey and 23 storey towers (respectively 127 m and 84 m in height including mechanical penthouses) and a 3 level below grade parking garage as an initial phase, a multi-storey self-storage building as a future phase, and a 1,394 m² public park. The revised application proposes a total gross floor area of 51,726 m² in its first phase consisting of 824 residential units, comprising 613 studio/one-bedroom units (74.4%), 167 two-bedroom units (20.3%) and 44 three-bedroom units (5.3%), with 635 m² of retail space at-grade along its Royal York Road frontage. A total of 200 vehicular parking spaces, 619 bicycle spaces, and 2 loading spaces (1 Type 'G', 1 Type 'B') are proposed.Please note that the proposal has been expanded to include the property at 268 Royal York Road since the initial submission. (September 2022)Related applications: Official Plan Amendment (22 207193 WET 03 OZ), Zoning Amendment (21 236250 WET 03 OZ), Subdivision (21 236297 WET 03 SB)


    390 m away

  • 266 ROYAL YORK RDPlan of subdivisionUnder Review

    Revised Draft Plan of Subdivision application to create six blocks for a mixed-use development: a residential development block, future development block, parkland dedication, private driveway, pedestrian sidewalk and road widening.The proposed development consists of a mixed-use building with 37 storey and 23 storey towers (respectively 127 m and 84 m in height including mechanical penthouses) and a 3 level below grade parking garage as an initial phase, a multi-storey self-storage building as a future phase, and a 1,394 m² public park.Please note that the proposal has been expanded to include the property at 268 Royal York Road since the initial submission. (September 2022)Related applications: Official Plan Amendment (22 207193 WET 03 OZ), Zoning Amendment (21 236250 WET 03 OZ), Site Plan (21 252097 WET 03 SA)


    390 m away

  • 266 ROYAL YORK RDOfficial plan or zoning amendmentOMB Appeal

    The proposed development consists of a mixed-use building with 36 storey and 29 storey towers (respectively 116.2 m and 98.7 m in height excl. mechanical penthouses) 413 sqm of retail at grade, a 12,374 sqm multi-storey self-storage building as a future phase, and a 1,146 m² public park.Related applications: Zoning Amendment (21 236250 WET 03 OZ), Subdivision (21 236297 WET 03 SB), Site Plan (21 252097 WET 03 SA)


    390 m away

  • 268 ROYAL YORK RDPlan of subdivisionUnder Review

    Revised Draft Plan of Subdivision application to create six blocks for a mixed-use development: a residential development block, future development block, parkland dedication, private driveway, pedestrian sidewalk and road widening.The proposed development consists of a mixed-use building with 37 storey and 23 storey towers (respectively 127 m and 84 m in height including mechanical penthouses) and a 3 level below grade parking garage as an initial phase, a multi-storey self-storage building as a future phase, and a 1,394 m² public park.Please note that the proposal has been expanded to include the property at 268 Royal York Road since the initial submission. (September 2022)Related applications: Official Plan Amendment (22 207193 WET 03 OZ), Zoning Amendment (21 236250 WET 03 OZ), Site Plan (21 252097 WET 03 SA)


    430 m away

  • 268 ROYAL YORK RDSite planUnder Review

    Revised Site Plan Control application to permit a mixed-use development consisting of a mixed-use building with 37 storey and 23 storey towers (respectively 127 m and 84 m in height including mechanical penthouses) and a 3 level below grade parking garage as an initial phase, a multi-storey self-storage building as a future phase, and a 1,394 m² public park. The revised application proposes a total gross floor area of 51,726 m² in its first phase consisting of 824 residential units, comprising 613 studio/one-bedroom units (74.4%), 167 two-bedroom units (20.3%) and 44 three-bedroom units (5.3%), with 635 m² of retail space at-grade along its Royal York Road frontage. A total of 200 vehicular parking spaces, 619 bicycle spaces, and 2 loading spaces (1 Type 'G', 1 Type 'B') are proposed.Please note that the proposal has been expanded to include the property at 268 Royal York Road since the initial submission. (September 2022)Related applications: Official Plan Amendment (22 207193 WET 03 OZ), Zoning Amendment (21 236250 WET 03 OZ), Subdivision (21 236297 WET 03 SB)


    430 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

The market

Detached homes for sale in Mimico right now

For sale now
26
Median asking price
$1.35M

Middle half: $1.01M to $1.84M

New in 7 days
4

13 in 28 days

Price cuts
15%

4 listings

This home is asking 4% above the median.

See all homes in Mimico

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
Mimico GOGO Transit train: Lakeshore West650 m
Kipling StationTTC subway: Line 2 Bloor-DanforthGO Transit train: Milton4.2 km
Royal York StationTTC subway: Line 2 Bloor-Danforth4.3 km
Islington StationTTC subway: Line 2 Bloor-Danforth4.4 km
Old Mill StationTTC subway: Line 2 Bloor-Danforth4.4 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
John English Junior Middle SchoolToronto DSBPublic · grades JK–8 · French Immersion350 m75%Grade 6 average
St Leo Catholic SchoolToronto CDSBCatholic · grades JK–8 · French Immersion450 m86%Grade 6 average
Second Street Junior Middle SchoolToronto DSBPublic · grades JK–8 · French Immersion750 m71%Grade 6 average
ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–82.9 km87%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Lakeshore Collegiate InstituteToronto DSBPublic · grades 9–12 · French Immersion2 km42%Grade 9 math
Etobicoke School of the ArtsToronto DSBPublic · grades 9–122.3 km68%Grade 9 math
Father John Redmond Catholic Secondary SchoolToronto CDSBCatholic · grades 9–122.3 km75%Grade 9 math
ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–126.6 km69%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Mimico are shown to signed-in members.

Email Yossi Kaplan, MBA, Salesperson