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For Sale
Just Listed

42 Franklin Avenue

Lansing-Westgate, Toronto, ON
$1,588,000
3+2Bd
2Ba
1,300+sqft
4Parking
41.67 x 130 ftlot
$1222/sqft
DetachedMLS# C13558512Listed 2026-07-130 DOM
Cooling
Central Air
Basement
Finished

Just listed! New listings in Toronto often receive offers within the first week.

About this home

This Renovated and Upgraded Solid Brick Home Nestled on A Prime Lot (41.67' X 130') with a Renovated Basement, Lovely Backyard, and Established Garden, Located in the Coveted Part of Lansing-Westgate! Just Steps Away from Yonge St, Subways, Shops, Restaurants, Schools, Ravines, Parks & All Other Amenities. Great Opportunity That Can Attract Young Families, First-Time Buyers, Investors, and Builders! Live on the Main & 2nd Floor and Rent the Basement Out Now, Then Build Your Dream Home or Multi-Residential Unit Later (Buyer Should Verify with the City Planner)!! New Hardwood Floors in 3 Bedrooms, Living & Dining Room! Renovated 2nd Floor Bathroom. Fully Renovated Eat-In Kitchen with Modern Finishes! Main Floor Has Its Own Laundry! Newer Windows and Main Entrance Door! Replaced Main Staircase Steps and Added Glass Railing on the 2nd Floor. LED Potlights and New Light Fixtures! Freshly Painted! Cottage-Style 4-Seasons Sunroom with Its Own Heating & Cooling System: Heater/Wood-Burning Fireplace & Ceiling Fan, Walk-Out to a Large Deck and Nature-Filled Backyard! Renovated Basement with Separate Entrance Through the Backyard Sunroom Includes Laminate/Porcelain Flooring, Two Bedrooms with Above-Grade Windows Providing Abundant Natural Light, Each with Its Own Closet, a Full 3-Piece Bathroom, and a Kitchenette/Laundry Area! Combined Furnace Room and Workshop Area with an Above-Grade Window. Move-In Condition! Must See the House and Location! No Side Walk In Front!

RenovatedHardwoodFireplace

Rooms

Main Floor
Dining Room3.82 × 3.48 m
Family Room4.17 × 3.48 m
Living Room3.48 × 3.10 m
Kitchen3.71 × 3.26 m
Sunroom5.68 × 3.45 m
Second Floor
Primary Bedroom3.73 × 3.30 m
Bedroom 23.40 × 2.93 m
Bedroom 33.06 × 2.72 m
Basement
Bedroom 43.91 × 2.60 m
Bedroom 54.12 × 2.32 m
Kitchen3.06 × 1.85 m

Features

  • Storage
  • Deck
  • Porch
  • Finished
  • Central Air
  • Other
  • 1 1/2 Storey

Financials

Annual Taxes
$8,544

Estimated Rental Income

Entire property$3,200 – $4,800/mo
Basement apartment$1,800 – $2,500/mo
Rental yield2.4% – 3.6%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Toronto

Days on market0 days
Buyer's MarketSeller's Market

Based on active listings in Toronto. Data updates daily.

Demographics — Toronto

Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership
53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil

Our estimate for this home

Priced at the estimate
Estimated range
$1.43M$1.67M
Mid-point $1.55M · ~$1192/sqft
How this listing compares
$1.43MList · $1.59M$1.67M
Medium confidence·Based on 18 lansing-westgate comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$1,588,000
42 Franklin Avenue, Toronto
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