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For Sale
Just Listed

41 Algoma Street

Mimico, Toronto, ON
$1,799,900
4+1Bd
5Ba
2,250+sqft
2Parking
25 x 100.5 ftlot
$800/sqft
DetachedMLS# W13011258Listed 2026-04-170 DOM
Heating
Water Heater
Cooling
Central Vacuum
Basement
Finished with Walk-Out

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

About this home

Welcome to 41 Algoma Street - Newly Constructed, Never-lived-in home situated on a thoughtfully redeveloped lot, offering modern comfort, generous space, and exceptional versatility. This expansive residence features 9-foot ceilings on the main floor, enhancing a beautifully designed layout that seamlessly blends everyday living with elegant entertaining. Enjoy a bright and inviting living room, a spacious family room, a formal dining area, and a sun-filled breakfast space. Large windows throughout flood the home with natural light, creating a warm and welcoming atmosphere. With 4 generously sized bedrooms and 5 well-appointed washrooms, this home is perfectly suited for families of all sizes. Each space is designed with comfort and functionality in mind. A beautifully finished basement featuring a self-contained secondary suite with a separate entrance and private laundry. Boasting impressive 10-foot ceilings, this bright and spacious area ideal for In-Law living or generating additional rental income. Located in a highly desirable and convenient neighborhood, the home is surrounded by top-rated schools, making it an excellent choice for families. Commuters will appreciate easy access to major highways and transit routes. Nature lovers will enjoy being just minutes from Humber Bay Park and Park Lawn Park, perfect for walking, cycling, and outdoor activities. Everyday essentials, shopping, and dining are all close at hand along the vibrant Queensway corridor, making daily living both convenient and enjoyable. This home presents a rare opportunity to own a thoughtfully designed, move-in-ready property in an outstanding location. This home also comes with an approved permit for a Garden Suite, offering future potential for additional living space, extended family accommodation, or supplemental rental income.

Rooms

Main Floor
Living Room4.67 × 3.23 m
Family Room6.91 × 3.23 m
Dining Room6.91 × 3.23 m
Kitchen5.21 × 3.48 m
Second Floor
Primary Bedroom4.85 × 3.53 m
Bedroom 25.24 × 3.02 m
Bedroom 32.72 × 2.49 m
Bedroom 42.79 × 2.69 m
Lower
Bedroom3.63 × 3.07 m
Family Room7.80 × 4.78 m

Features

  • Auto Garage Door Remote
  • Built-In Oven
  • Carpet Free
  • Central Vacuum
  • Countertop Range
  • ERV/HRV
  • In-Law Suite
  • Sump Pump
  • Water Heater
  • Deck
  • Finished with Walk-Out
  • Separate Entrance
  • Central Air
  • 2-Storey

Financials

Annual Taxes
$3,793.05

Estimated Rental Income

Entire property$4,000 – $6,500/mo
Rental yield2.7% – 4.3%

*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

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.

$1,799,900
41 Algoma Street, Toronto
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