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40 Morningside Avenue

40 Morningside Avenue

Toronto W01, ON

  • 4 bed
  • 5 bath
  • approx. 2000-2500 sqft
  • Detached
  • 143 days on market
$2,599,000

Welcome to 40 Morningside Avenue, a rare newly-built legal duplex offering just under 2,800 sq. ft. of sophisticated living space in a premier Toronto location. The airy main level impresses with soaring 10 ft. ceilings and an expansive open-concept layout that flows beautifully for entertaining, complemented by a cozy gas fireplace in the family room and the convenience of direct interior access to the garage. The home's crown jewel is the spectacular third-floor primary suite, a dedicated private sanctuary featuring a south-facing balcony with breathtaking views of the surrounding greenery. This property offers incredible versatility through its legal basement apartment, which feels like a primary living space thanks to tons of natural light, a full kitchen, and its own separate HVAC equipment. This lower level serves as a high-potential income generator, a suite for a stay-in nanny, or a professional home office, yet it can be easily integrated back into the main home by opening the drywall across from the garage door. Perfectly situated for the active urbanite, you are a mere stone's throw from the 400-acre oasis of High Park and within easy walking distance of the Bloor subway line, offering the perfect balance of nature and transit accessibility. This is a rare opportunity to own a modern, high-ceilinged masterpiece with flexible living options in a location that is truly second to none.

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Listing Details

Originally Listed
$2,499,000
Listed
April 21, 2026

Price History

Listing history

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Property

Style
3-Storey
Age
New
Construction
Stucco (Plaster), Brick
Roof
Flat
Foundation
Poured Concrete
Interior
Water Heater, Sump Pump, Storage, In-Law Suite, Guest Accommodations, Built-In Oven, Carpet Free
Lot Size
25 x 90 Feet

Parking

Garage
Built-In
Covered Spaces
1
Total Parking
3

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Durie St and Morningside Ave
Zoning
R(f7.5;u2;d0.6*798)
Parcel Number
213740198
Possession
Flexible
Occupancy
Vacant

Included

Inclusions
main floor kitchen appliances: Stainless Steel fridge, dishwasher, built-in microwave and oven, gas stove, range hood, Forced air HVAC and equipment, Heat pump, roughed-in central vacuum piping, security cameras, 2 sets of washer and dryer, kitchen appliance in the basement: Stainless Steel fridge, electric stove and oven, microwave and range hood.
Exclusions
Staging furniture and wall arts .
Rental Items
Tankless water heater

Schools

Elementary

  • Swansea Junior and Senior Junior and Senior Public School0.3 km

    Public · Toronto DSB · 925 students

    Grade 3 reading: 82% met the provincial standard · Grade 6 math: 62% met the provincial standard

  • St Pius X Catholic School1 km

    Catholic · Toronto CDSB · 340 students

    Grade 3 reading: 81% met the provincial standard · Grade 6 math: 61% met the provincial standard

  • Runnymede Junior and Senior Public School1.1 km

    Public · Toronto DSB · 975 students

    Grade 3 reading: 96% met the provincial standard · Grade 6 math: 76% met the provincial standard

Secondary

  • The Student School1.2 km

    Public · Toronto DSB · 105 students

  • Ursula Franklin Academy1.3 km

    Public · Toronto DSB · 475 students

    Grade 10 literacy: 99% met the provincial standard

  • Western Technical & Commercial School1.3 km

    Public · Toronto DSB · 1435 students

    Grade 10 literacy: 83% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Property Insights

move in ready

AI-generated from listing photos. Not professional advice.

Community

Postal area M6S

Population
34,029
Private dwellings
15,343
Median age
41.6
Average household size
2.3
Median household income
$108,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Toronto W01 · last 12 months

Median sold price
$1,020,000
Homes sold
477
Median days on market
15
Sale-to-list price
101.1%

Based on 477 recorded sales of residential freehold properties in Toronto W01 over the last 12 months.

Rooms

5-piece on Third, 2 × 4-piece on Second, 2-piece on Flat, 4-piece on Basement

Flat

  • Dining Room22' x 11'6"
  • Family Room18'10" x 13'
  • Kitchen15' x 10'8"
  • Living Room22' x 11'6"

Listed by

SIXROOFS REALTY

Walk Score

76

Walk

78

Transit

65

Bike

Scores by Walk Score®

Mortgage Calculator

$519,800

Estimated Monthly Payment

$12,768

Land transfer tax

Estimated land transfer tax$51,450

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $12,768/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $650/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions legal basement apartment. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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