- Bedrooms
- 4+1
- Bathrooms
- 5
- Size
- 2,000–2,500sq ft
- Per sq ft
- $822at the range’s middle
- Lot
- 25 x 100.5 ft
- Tax a year
- $3,8592026 tax year
- Built
- New
- Parking
- 21 built-in
- Days on market
- Members
The brief
About 41 Algoma St
41 Algoma St is a 4+1-bedroom, 5-bathroom detached house in Mimico, Toronto, listed for sale at an asking price of $1,850,000 (MLS® W14145798).
Welcome to 41 Algoma Street! Newly constructed and never lived in, this exceptional residence sits on a thoughtfully redeveloped lot, offering contemporary design, spacious interiors, and outstanding functionality. The main floor features 9-ft ceilings and a thoughtfully designed layout ideal for everyday living and elegant entertaining. Enjoy a bright living room, spacious family room, formal dining area, and sun-filled breakfast space. Large windows throughout provide abundant natural light. Offering 4 spacious bedrooms and 5 beautifully finished washrooms, this home delivers comfort and convenience for the entire family. The beautifully finished with a separate entrance basement features impressive 10-ft ceilings and a self-contained secondary suite with a walk out Kitchen, appliances and Laundry have been roughed-in and are ready for installation, offering excellent potential for in-law accommodation or additional rental income. Located in a desirable neighborhood near top-rated schools, major highways, and transit. Enjoy nearby Humber Bay Park and Park Lawn Park, along with shopping, dining, and everyday amenities along the vibrant Queensway corridor. Additional highlights include an approved Garden Suite permit, offering future potential for additional living space or supplemental income. A 100A, 240V electrical rough-in extends from the main panel to the rear of the property, providing future capacity for a pool, hot tub, or heavy-duty equipment in the shed. An exceptional opportunity to own a pristine with outstanding features, future potential, and a convenient location.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall17/100−$3,763/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 126 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
- $3,859 / 2026
- MLS® number
- W14145798
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- New
- Days on market
- Size
- 2000-2500 sqft
- Lot Size
- 25 x 100.5 ft
- Listed on
- Parking
- 1 Built-In, 2 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Mimico
- Municipality
- Toronto
Building
- Size
- 2000-2500 sqft
- Building Age
- New
- Construction
- Metal/Side
Inside
- Bedrooms
- 4+1
- Bathrooms
- 5
- Bathroom Details
- 2 × 3pc 2nd, 1 × 5pc 2nd, 1 × 3pc Bsmt, 1 × 2pc Main
- Basement Type
- Full
- Kitchens
- 1
Parking
- Driveway
- Front Yard, Private
- Garage Type
- Built-In
- Garage
- 1
- Additional Parking
- 1
- Total Parking
- 2
Utilities
- Water
- Municipal
- Cooling
- Other
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 25 ft
- Depth
- 100.5 ft
- Lot Size
- 25 x 100.5 ft
Additional
- Foundation
- Concrete
- Roof
- Shingles
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Stainless Steel Appliances in the kitchen: Fridge LG, Dish Washer LG, Oven LG, Built -In Gas Cook Top Stove Whirlpool 5 Burner,, Hood. Stacked Washer & Dryer White Smart LG. Hood in Basement Kitchen. Ring Door Bell. Furnace , Humidifier System, All Electrical Fixtures. Garage Door Opener System with 2 Remote Control. Central Vacuum.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.23 × 4.67 m | Combined W/Family, Window, hardwood floor | Main |
| Dining | 3.23 × 6.91 m | Combined W/Kitchen, W/O To Deck, hardwood floor | Main |
| Family | 3.23 × 6.91 m | B/I Shelves, Brick Fireplace, Fireplace | Main |
| Kitchen | 3.48 × 5.21 m | B/I Appliances, B/I Range, W/O To Deck | Main |
| Breakfast | 3.48 × 5.21 m | Pot Lights, Combined W/Kitchen, W/O To Deck | Main |
| Primary | 3.53 × 4.85 m | 5 Pc Ensuite, W/W Closet, W/O To Balcony | 2nd |
| 2nd Br | 3.02 × 5.24 m | Closet Organizers, hardwood floor, 3 Pc Bath | 2nd |
| 3rd Br | 2.49 × 2.72 m | Window, hardwood floor, Pot Lights | 2nd |
| 4th Br | 2.69 × 2.79 m | hardwood floor, Window, Pot Lights | 2nd |
| 5th Br | 3.07 × 3.63 m | hardwood floor, Closet, Pot Lights | Bsmt |
| Room 11 | 4.78 × 7.8 m | Pot Lights, hardwood floor, 3 Pc Bath | Bsmt |
| Rec | 4.78 × 7.8 m | Combined W/Kitchen, hardwood floor, Pot Lights | Bsmt |
Listing history
Buy/sell history for 41 Algoma St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,850,000 | N/A | For Sale | W14145798 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
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
- $370,000
- Total mortgage amount
- $1,480,000
- Total interest payment
- $1,052,300
- Total purchase cost
- $2,902,300
- Mortgage payment
- $8,441/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
56%Monthly carrying cost
$8,763- Rent $5,000
- Shortfall $3,763
Rental income opens at $5,000, the median asking rent of 126 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
- $33,475
- Toronto municipal land transfer tax
- $33,475
- Total land transfer tax
- $66,950
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $58,475
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 $1,850,000
- $29,000
- Ontario total
- $33,475
Toronto’s municipal tax uses the same brackets at this price, so it adds another $33,475.
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
- 2,513 sq ft233 m²
- Street frontage
- 25 ft7.6 m
- Depth
- 100.5 ft30.6 m
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 MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- 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 m17 test or monitoring holes also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 59 building permits issued within 250 m in the last 2 years250 m
- 7 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 7.3 km7.3 km
- Mapped parcel: about 2,510 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 · Municipal development applications · toronto.parcels
Around the home2
- Nearest rail line: 310 m310 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
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Reynolds Consumer Products Canada Inc. — Mississauga Plant, 1.7 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about 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 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 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
Zoning
Permit history
17 building permits cleared at this address in the City’s file.
Building Permit Related(MS)Inspection
HVAC - Two storey dwelling with attached garage,second floor balcony, rear deck and basement walkout - more than 50% of the walls have been removed.
Issued April 30, 2025
Building Permit Related(MS)Closed
HVAC - Interior alteration to existing single family home. Layout changes include new kitchen, new powder room and new second floor bathroom.
Issued April 11, 2025
Back Water Valve (Sewer only)Closed
Proposal for relocating laundry and installing backwater valve.
Issued April 10, 2025
Interior AlterationsClosed
Interior alteration to existing single family home. Layout changes include new kitchen, new powder room and new second floor bathroom.
Issued February 27, 2025
Building Permit Related(PS)Closed
Plumbing - Interior alteration to existing single family home. Layout changes include new kitchen, new powder room and new second floor bathroom.
Issued February 27, 2025
Interior AlterationsCancelled
Interior alteration to existing single family home. Layout changes included removing non-structural partition walls, new kitchen, new powder room and new second floor bathroom
Completed January 24, 2025
Building Permit Related(PS)Cancelled
Plumbing - Interior alteration to existing single family home. Layout changes included removing non-structural partition walls, new kitchen, new powder room and new second floor bathroom
Completed January 24, 2025
Building Permit Related(PS)Closed
Plumbing - Two storey dwelling with attached garage,second floor balcony, rear deck and basement walkout - more than 50% of the walls have been removed.
Issued November 27, 2024
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
71 PORTLAND STPlan of subdivisionUnder Review
Draft Plan of Subdivision in order to establish two mixed use development blocks (Blocks 1 and 2), two park blocks (Block 3 and 4) and a road widening (Block 5) for the extension of Newcastle Street.
190 m away59 PORTLAND STSite planUnder Review
Proposed 40-storey, 123 metre, mixed-use building containing 413 residential units.
210 m away59 PORTLAND STPlan of subdivisionUnder Review
Draft Plan of Subdivision in order to establish two mixed use development blocks (Blocks 1 and 2), two park blocks (Block 3 and 4) and a road widening (Block 5) for the extension of Newcastle Street.
210 m away59 PORTLAND STSite planUnder Review
Proposed mixed-use building containing 1,058 units, 23-storey and 27-storey towers atop a nine-storey base building.
210 m away10 AUDLEY STPlan of subdivisionUnder Review
Draft Plan of Subdivision in order to establish two mixed use development blocks (Blocks 1 and 2), two park blocks (Block 3 and 4) and a road widening (Block 5) for the extension of Newcastle Street.
230 m away10 AUDLEY STSite planUnder Review
Proposed 40-storey, 123 metre, mixed-use building containing 413 residential units.
230 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
- New in 7 days
- 4
- Price cuts
- 15%
Middle half: $1.01M to $1.84M
13 in 28 days
4 listings
This home is asking 37% above the median, higher than three quarters of them.
See all homes in MimicoAsking 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
| Station | Lines | Distance |
|---|---|---|
| Mimico GO | GO Transit train: Lakeshore West | 600 m |
| Old Mill Station | TTC subway: Line 2 Bloor-Danforth | 3.2 km |
| Royal York Station | TTC subway: Line 2 Bloor-Danforth | 3.2 km |
| Jane Station | TTC subway: Line 2 Bloor-Danforth | 3.3 km |
| Islington Station | TTC subway: Line 2 Bloor-Danforth | 3.5 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
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| George R Gauld Junior SchoolToronto DSB | Public · grades JK–5 | 300 m | 73%Grade 3 average |
| David Hornell Junior SchoolToronto DSB | Public · grades JK–5 | 600 m | 68%Grade 3 average |
| St Louis Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 650 m | 75%Grade 6 average |
| ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 1.8 km | 87%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Etobicoke School of the ArtsToronto DSB | Public · grades 9–12 | 1.2 km | 68%Grade 9 math |
| Bishop Allen Academy Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 · French Immersion | 1.6 km | 81%Grade 9 math |
| Lakeshore Collegiate InstituteToronto DSB | Public · grades 9–12 · French Immersion | 3 km | 42%Grade 9 math |
| ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 5.6 km | 69%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
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