42 Alexander Street, Toronto, ON

$999,000
MLS#:W12110563
3 beds
2 baths
1100-1500 sqft
2.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Mimico. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $999,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 25 x 65 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Bar Fridge, Floor Drain, Guest Accommodations
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This light-filled, detached house really needs to be seen in person! Circa 1975, the house is located across the street from a park/playground as well as David Hornell Junior School. One block to the north is Manchester Park and its tennis courts. Transit options include both the 501 streetcar on Lake Shore and GO Train from Mimico station to downtown. By car its an easy trip east or west via Lake Shore or the Gardiner. The house itself has been very well maintained and updated, including a new Lennox furnace in February 2025. Room sizes are excellent with the primary bedroom being much larger than typical. The second floor bathroom, with a heated floor, was fully renovated in 2013. All of the bedrooms have closets and there's a generous linen closet in the hallway. On the main floor, the living rooms bay window overlooks the professionally landscaped front garden and Alexander Park with its playground. The updated kitchen opens directly to a covered side porch and the fully-fenced patio area, ideal for bbqs and outdoor entertaining. The finished basement has a good ceiling height and includes built-in storage units. It was updated in 2015 including the addition of a new egress window in the side wall of the Recreation Room, new kitchenette cabinetry, added insulation and drywall to the front storage closet and a new bathroom vanity, faucet, backsplash and toilet. Extensive storage options are available in the front and rear store rooms and the laundry room. The private drive is easily accessed from the street and can accommodate 2, or perhaps 3, vehicles. A large garden shed was installed in 2019, behind which is a garden storage container. Mimico is a community with a long history in Toronto. Its village atmosphere, great shopping and restaurants as well as many local events make it an ideal place to call home.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 7, 2025
Sold price information is available to members only
Listed Date4/29/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionAluminum Siding, Brick
BasementFinished, Full
Lot Size25 × 65 Feet
CountyToronto
Annual Tax$4,792.44
Legal DescriptionPCL 15-2, SEC M246 ; PT LTS 15 & 16, PL M246 (SEE FULL LEGAL DESCRIPTION IN SCHDULE B)

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Greenbelt/Conservation, Library, Park, Public Transit, School

Interior Features

Bar Fridge, Floor Drain, Guest Accommodations, In-Law Capability, Storage, Water Heater

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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42 Alexander Street, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 42 Alexander Street, Toronto W06, ON M8V 2K8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$74,900 (7.5%)
* Minimum Canadian down payment required for this price is $74,900.
Amortization Period25 Years
Estimated Monthly Payment$5,507Based on a loan of $924,100 over 25 years.
Purchase Price$999,000
Loan Amount$924,100
Provincial Land Transfer Tax:$16,455
Toronto Municipal Land Transfer Tax:$16,455
Total Estimated Closing Taxes:$32,910

About Purchasing a Home in Toronto, ON

For a property listed at $999,000 in Toronto, the legal minimum down payment is $74,900 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 $16,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,455 also applies, bringing the total estimated land transfer taxes to $32,910.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Mimico, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$879,557

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Mark
Public45 Cloverhill Road, Etobicoke, Toronto, Ontario, M8Y 1T4
5.2
St Louis
Public11 Morgan Avenue, Etobicoke, Toronto, Ontario, M8Y 2Z7
7.6
John English
Public95 Mimico Avenue, Etobicoke, Toronto, Ontario, M8V 1R4
6.0
Sainte-Marguerite-d'Youville
Public755 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3
7.7
Swansea
Public207 Windermere Avenue, High Park-Swansea, Toronto, Ontario, M6S 3J9
7.7

Secondary Schools

Etobicoke-Arts
Public675 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T1
8.2
Bishop Allen
Public721 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3
8.7
Pope John Paul II
PublicFern Avenue, High Park-Swansea, Toronto, Ontario, M6R 2L4
6.7
Lakeshore
Public350 Kipling Avenue, Etobicoke, Toronto, Ontario, M8V 3L1
4.9
Western
Public125 Evelyn Crescent, Toronto, Ontario, M6P 3E3
6.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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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.