
55 Algoma Street
Toronto W06, ON
- 4 bed
- 5 bath
- approx. 1500-2000 sqft
- Detached
Welcome to this beautifully renovated detached four-bedroom, five-bathroom home in the highly desirable Mimico community. This pocket of Mimico is known for its charming village feel, walkable local shops, and steps to GO transit, parks, schools, and the waterfront.The home features a fully updated interior.The main and second floors feature milled ash hardwood floors reclaimed from barns in southwestern Ontario, a stunning kitchen with quartz countertops and a functional, modern layout ideal for family living and entertaining. A walkout from the kitchen leads directly to the back garden, creating an easy indoor outdoor flow for everyday living. A powder room on the main floor adds everyday convenience. The underpinned basement offers rare eight foot ceilings, heated floors, a spacious and cozy family room, and a self contained in law suite with a separate entrance that is well suited for extended family or income potential. Upstairs, the primary suite showcases a vaulted ceiling, creating a bright, airy retreat with a sense of openness and calm. Both second floor bathrooms are finished with luxurious heated floors and skylights adding comfort and refinement to daily routines. The guest suite on this level also features a skylight that brings natural light into the space. Walk in closets and plenty of storage throughout the home add to its practicality and appeal.A separate detached garage provides valuable additional space and would make an excellent studio, workshop, gym, or creative workspace. At the end of the street, a newly updated public park offers a climbing gym, splash pad, dog park, and running track, creating a vibrant extension of the neighbourhood for families and people who enjoy an active outdoor lifestyle.Located steps from Mimico Village, parks, schools, and transit, this home blends luxury, comfort, and convenience in one of Etobicoke's most sought after neighbourhoods.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2026)
- $4,850
- Listed
- September 15, 2026
Price History
Property
- Style
- 2-Storey
- Age
- 100+
- Construction
- Brick, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete, Concrete Block
- Interior
- Accessory Apartment, In-Law Suite, On Demand Water Heater, Sump Pump
- Lot Size
- 24 x 125.5 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 0
- Total Parking
- 1
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Royal York Rd & Gardner Expy
- Parcel Number
- 076190134
- Possession
- 60-89 days
- Occupancy
- Owner
Included
- Inclusions
- Two Fridges, Two Stoves, Two Washers, Two Dryers, Wine Fridge, All Electric Light Fixtures, All Window Coverings.
- Exclusions
- Mirror In Main Floor Powder Room
- Rental Items
- N/A
Schools
Elementary
- George R Gauld Junior School0.2 km
Public · Toronto DSB · 250 students
Grade 3 reading: 82% met the provincial standard
- St Louis Catholic School0.6 km
Catholic · Toronto CDSB · 305 students
Grade 3 reading: 79% met the provincial standard · Grade 6 math: 43% met the provincial standard
- David Hornell Junior School0.6 km
Public · Toronto DSB · 230 students
Grade 3 reading: 76% met the provincial standard
Secondary
- Etobicoke School of the Arts1.2 km
Public · Toronto DSB · 825 students
Grade 10 literacy: 92% met the provincial standard
- Bishop Allen Academy Catholic Secondary School1.6 km
Catholic · Toronto CDSB · 1460 students
Grade 10 literacy: 94% met the provincial standard
- Lakeshore Collegiate Institute2.9 km
Public · Toronto DSB · 650 students
Grade 10 literacy: 75% 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.
Community
Postal area M8Y
- Population
- 21,986
- Private dwellings
- 10,533
- Median age
- 40.8
- Average household size
- 2.2
- Median household income
- $91,000
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
- $777,000
- Homes sold
- 965
- Median days on market
- 24
- Sale-to-list price
- 97.8%
Based on 965 recorded sales of residential freehold properties in Toronto W06 over the last 12 months.
Rooms
2-piece on Main, 5-piece on Second, 4-piece on Second, 3-piece on Basement, 3-piece on Basement
Second
- Bathroom4'1" x 8'10"
- Bedroom 210'1" x 32'2"
- Bedroom 311'9" x 11'1"
- Laundry
- Primary Bedroom22'6" x 9'1"
Main
- Dining Room12'4" x 15'5"
- Family Room9'7" x 15'3"
- Kitchen11'1" x 11'6"
- Living Room13'6" x 9'7"
- Powder Room4'1" x 4'4"
Basement
- Bathroom6'1" x 6'9"
- Bathroom5'1" x 5'10"
- Bedroom 413'7" x 7'1"
- Family Room11'8" x 12'
- Kitchen9' x 14'3"
- Living Room10'6" x 11'2"
Listed by
BOSLEY REAL ESTATE LTD.
Walk Score
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Location
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Mortgage Calculator
$353,800
Estimated Monthly Payment
$8,691
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
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Mortgage: $8,691/mo (20% down, 5.5%)
Taxes: $404/mo · Insurance: $442/mo
Estimates only. Consult a financial advisor.
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