58 Forty-First Street
Toronto W06, ON
- 8 bed
- 3 bath
- approx. 2000-2500 sqft
- Duplex
- 72 days on market
Beautifully renovated detached triplex on a large 50 x 120 foot lot in an unbeatable Toronto location, offering exceptional income potential for investors or end users looking to live in one unit while generating rental income from the others. This well-maintained property features three self-contained units, including two spacious 3-bedroom suites and a 2-bedroom lower-level apartment, making it an ideal opportunity for multi-generational living or strong cash flow. Each upper unit showcases hardwood flooring throughout, updated kitchens with stone countertops, stainless steel appliances, modern cabinetry and stylish finishes. The thoughtfully designed layouts offer generous living and dining areas, spacious bedrooms and renovated bathrooms. The lower-level apartment provides additional income potential with its own kitchen, living space, 2 bedrooms and full bath. The property also offers a common storage area, coin-operated laundry, a newer hot water tank and no rental items for added peace of mind. Outside, enjoy a detached double-car garage plus parking for up to 8 vehicles-an incredibly rare feature in the city. Conveniently located close to the TTC, GO Train, the lake, parks, schools, and shopping, this turnkey investment combines location, versatility, and outstanding value in one exceptional property. Fully leased with great AAA tenants! Start building equity immediately!
Listing Details
- Taxes (2026)
- $7,075
- Listed
- July 3, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Block
- Interior
- Separate Hydro Meter, Storage Area Lockers
- Lot Size
- 50 x 120 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 2
- Total Parking
- 8
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Hwy 427/Lakeshore Rd E
- Parcel Number
- 075770016
- Possession
- 30-59 days
- Occupancy
- Tenant
Included
- Inclusions
- 3 Fridges, 3 Stoves, 2 Dishwashers, 1 Microwave Hoodfan, Coin operated Washer & Dryer (In Bsmt),all existing window coverings, all existing light fixtures, ceiling fans, double garage door opener with remote, hot water tank, storage shed and 4 separate hydro meters.
- Exclusions
- All window air conditioning units, TV's and wall brackets belonging to the tenants.
Schools
Elementary
- École élémentaire Micheline-Saint-Cyr0.1 km
French public · CS Viamonde · 235 students
Grade 3 reading: 96% met the provincial standard · Grade 6 math: 62% met the provincial standard
- St Josaphat Catholic School0.1 km
Catholic · Toronto CDSB · 390 students
Grade 3 reading: 8% met the provincial standard · Grade 6 math: 46% met the provincial standard
- Peel Alternative - South Elementary1.2 km
Public · Peel DSB
Secondary
- Father John Redmond Catholic Secondary School2.2 km
Catholic · Toronto CDSB · 1160 students
Grade 10 literacy: 94% met the provincial standard
- Peel Alternative South2.4 km
Public · Peel DSB · 190 students
- Peel Alternative South ISR2.4 km
Public · Peel DSB
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.
Community
Postal area M8W
- Population
- 22,381
- Private dwellings
- 9,994
- Median age
- 41.6
- Average household size
- 2.4
- Median household income
- $95,000
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 W06 · last 12 months
- Median sold price
- $775,000
- Homes sold
- 978
- Median days on market
- 24
- Sale-to-list price
- 97.7%
Based on 978 recorded sales of residential freehold properties in Toronto W06 over the last 12 months.
Rooms
4-piece on Ground, 4-piece on Second, 4-piece on Basement
Second
- Bedroom 29'10" x 9'10"
- Bedroom 310'10" x 8'10"
- Dining Room11'2" x 26'9"
- Kitchen12'10" x 10'10"
- Living Room11'2" x 26'9"
- Primary Bedroom11'6" x 12'6"
Main
- Bedroom 210'6" x 10'6"
- Bedroom 310'2" x 8'10"
- Dining Room11'9" x 23'
- Kitchen11'2" x 13'1"
- Living Room11'9" x 23'
- Primary Bedroom11'6" x 12'2"
Basement
- Bedroom10'10" x 9'
- Bedroom10'2" x 11'6"
- Kitchen10'10" x 12'2"
- Living Room10'2" x 15'5"
Listed by
RE/MAX PREMIER INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$319,980
Estimated Monthly Payment
$7,860
Land transfer tax
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: $7,860/mo (20% down, 5.5%)
Taxes: $590/mo · Insurance: $400/mo
Estimates only. Consult a financial advisor.
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