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55 Algoma Street

55 Algoma Street

Toronto W06, ON

  • 4 bed
  • 5 bath
  • approx. 1500-2000 sqft
  • Detached
$1,769,000

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.

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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

Walk Score is unavailable for this address right now.

Mortgage Calculator

$353,800

Estimated Monthly Payment

$8,691

Land transfer tax

Estimated land transfer tax$31,855

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: $8,691/mo (20% down, 5.5%)

Taxes: $404/mo · Insurance: $442/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 in law suite. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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