41 Algoma St, Toronto - Single Garage Detached Home

41 Algoma St

LocationMimico, Toronto, M8Y 1C4
$1.85M For Sale
Property Images
Property Images
Property Images

Description

Welcome to 41 Algoma Street! Newly constructed and never lived in, this exceptional residence sits on a thoughtfully redeveloped lot, offering contemporary design, spacious interiors, and outstanding functionality. The main floor features 9-ft ceilings and a thoughtfully designed layout ideal for everyday living and elegant entertaining. Enjoy a bright living room, spacious family room, formal dining area, and sun-filled breakfast space. Large windows throughout provide abundant natural light. Offering 4 spacious bedrooms and 5 beautifully finished washrooms, this home delivers comfort and convenience for the entire family. The beautifully finished basement features impressive 10-ft ceilings and a self-contained secondary suite with a walk out Kitchen, appliances and Laundry have been roughed-in and are ready for installation, offering excellent potential for in-law accommodation or additional rental income. Located in a desirable neighborhood near top-rated schools, major highways, and transit. Enjoy nearby Humber Bay Park and Park Lawn Park, along with shopping, dining, and everyday amenities along the vibrant Queensway corridor. Additional highlights include an approved Garden Suite permit, offering future potential for additional living space or supplemental income. A 100A, 240V electrical rough-in extends from the main panel to the rear of the property, providing future capacity for a pool, hot tub, or heavy-duty equipment in the shed. An exceptional opportunity to own a pristine with outstanding features, future potential, and a convenient location.

Features

  • House Facing
    Facing: South
  • Bedrooms
    Bedrooms: 4
  • Bathrooms
    Bathrooms: 5
  • Garages
    Garages: 1
  • Kitchens
    Kitchens: 1

Details

  • Front Lot
    Lot size: 25.00 x 100.50 Feet
  • Lot Depth
    Space: 1500-2000
  • Tax Amount
    Tax: $ 3793.00
  • MLS
    W14145798
  • Listing contracted with: KELLER WILLIAMS EMPOWERED REALTY
Bathroom Pieces Level
2xBaths3 pcs

Second

1xBath5 pcs

Second

1xBath3 pcs

Basement

1xBath2 pcs

Main



Property Summary

Located close to the intersection of Royal York & Queensway, 41 Algoma St is a 4+1 bedrooms 5 washrooms Detached. The unit has a Single Built-In Parking Space. The property has many nice features including ERV/HRV, Countertop Range, Central Vacuum, Carpet Free, Built-In Oven and Auto Garage Door Remot. .

Home Market Analysis

For Sale

For Lease

Comparable home values have increased 13.1% compared with the same period last year.

Rent levels have decreased 34.6% compared with the same period last year.

Recent Comparable Value Range
$1,270,000 – $1,700,000
Recent 6-Month Rent Range
$2,150 – $4,200/month

How This Home Compares

Market Temperature
Seller's Market
Strong SellerSellerBalancedBuyerStrong Buyer
Inventory conditions currently favour sellers of similar homes.
Typical Selling Time
6 Days
Similar homes are selling in about 6 days, broadly in line with last year.
Price Position
24.6% Higher
The asking price is above the estimated value of comparable homes.

Local Area Profile

This property is located in an area with a mix of homeowners and renters with a mix of detached homes and apartments and condominiums. Approximately 48% of residents hold a bachelor's degree or higher, while about 15% have a college credential. Residents use a combination of driving and public transit for commuting.





School Information

  • elementary schools
    George R Gauld Junior School (Grade:JK-5)
  • elementary schools
    John English Junior Middle School (Grade:7-8) 513/3037
  • secondary schools
    Lakeshore Collegiate Institute (Grade:9-12) 634/739
  • elementary schools
    St. Louis Catholic School (Grade:JK-8) 978/3037
  • elementary schools
    St. Josaphat Catholic School (Grade:JK-8) 194/3046
  • elementary schools
    John English Junior Middle School (Grade:7-8) 513/3037
  • elementary schools
    Second Street Junior Middle School (Grade:JK-8) 1409/3037


Commute Information

GTA Go Train Mimico Go Train Station (0.6km) - Free Parking available, parking lots: 221

Location





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