41 Algoma Street, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Mimico. Expertly crafted featuring premium metal/steel siding and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,850,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 5 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 25 x 100.5 ft lot
- Features a full, finished with walk-out, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- Ample parking with 1.0 garage spaces (2.0 total parking spaces) with a convenient built-in configuration
- Notable attributes: Auto Garage Door Remote, Built-In Oven, Carpet Free
- equipped with other central cooling and highly efficient forced air heating via gas
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.
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Property Summary
This detached home located at 41 Algoma Street, Toronto is currently for sale and has been available for 0 days. This property is listed at $1,850,000 with an estimated mortgage of $6,158* per month. It has 5 beds, 5 bathrooms, and is 1500-2000 square feet. 41 Algoma Street, Toronto is in the Mimico neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in Mimico, Toronto.
- •5 spacious bedroom layout offering versatile living space
- •5 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Mimico, Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Hospital
- Library
- Park
- Public Transit
- Rec./Commun.Centre
- School
Interior Features
- Auto Garage Door Remote
- Built-In Oven
- Carpet Free
- Central Vacuum
- Countertop Range
- ERV/HRV
- Sump Pump
- Water Heater
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Toronto?
If you are looking for a house in Toronto or researching Toronto real estate for sale, this 5-bedroom detached at 41 Algoma Street, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Toronto Buyer Budget & Costs
Estimated mortgage: $6,158*/month*. Estimated Ontario Land Transfer Tax: $66,950. First-time Toronto home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Toronto
Frequently Asked Questions about 41 Algoma Street, Toronto, ON
Q.What is the asking price for 41 Algoma Street, Toronto, ON ?
The current listing price for 41 Algoma Street, Toronto, ON in Mimico, Toronto is $1,850,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 5 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 41 Algoma Street, Toronto, ON ?
41 Algoma Street, Toronto, ON is a Detached (2-Storey) featuring a Full, Finished with Walk-Out, Finished basement.
Q.What key property features does 41 Algoma Street, Toronto, ON offer?
Key property features include: Hospital, Library, Park, Public Transit, Rec./Commun.Centre, School.
Q.What interior features are included in this home?
Interior highlights include: Auto Garage Door Remote, Built-In Oven, Carpet Free, Central Vacuum, Countertop Range, ERV/HRV, Sump Pump, Water Heater.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (Built-In).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Other.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Mimico-Queensway, Toronto
872 assaults (3705.0/100k)
51 B&E (216.7/100k)
79 thefts (335.7/100k)
Elevated vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 41 Algoma Street, Toronto, ON M8Y 1C4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,850,000 in Toronto, the legal minimum down payment is $370,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $33,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $33,475 also applies, bringing the total estimated land transfer taxes to $66,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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