68 Algoma Street, Toronto, ON

$1,024,850
MLS#:W12255658
2 beds
1 baths
700-1100 sqft
5.0 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This listing is no longer active (Sold)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 Bungalow detached located in the coveted neighborhood of Mimico. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,024,850 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 33.25 x 125.5 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover Timeless Charm And Outstanding Potential With This Beautifully Maintained Detached Bungalow Nestled On A Quiet, Tree-Lined Street In The Heart Of Mimico, One Of South Etobicokes Most Desirable And Family-Oriented Neighbourhoods. Set On A Spacious 33 X 125 Ft Lot, This Inviting Home Offers Approximately 1,749 Sq.Ft. Of Total Living Space And Is An Exceptional Opportunity For Young Families, Downsizers, Or Savvy Investors Alike. Located Just Minutes To Mimico GO Station, Sanremo Bakery, Top-Ranked Schools, Lake Ontario, Waterfront Trails, Yacht Clubs And With Quick Access To The Gardiner Expressway, This Is A Rare Opportunity To Own A Turnkey Home In One Of Etobicokes Most Vibrant Lakeside Communities. Brimming With Character And Natural Light, The Main Level Features An Elegant Open-Concept Living And Dining Area With Rich Hardwood Flooring, Crown Moulding, And Oversized Windows That Flood The Space With Sunshine. Two Well-Proportioned Bedrooms And A Full 3-Piece Bathroom Offer Comfort And Functionality, While The Cozy Eat-In Kitchen Boasts A Warm, Practical Layout With Built-In Cabinetry, A Double Stainless-Steel Sink, Maytag Refrigerator, Caloric Cooktop, Broan-Nutone Range Hood And A Bright Window Overlooking The Rear Yard. The Fully Finished Lower Level Provides Tremendous Flexibility With A Large Recreation Room, Family Room, Cold Room, And Ample Storage Space, Ideal For Growing Families, Guests, Or Future Rental Potential. Laundry Is Conveniently Located Downstairs, Complete With A Kenmore Washer, Eaton Viking Freezer And A Double Laundry Sink. Step Into Your Private Backyard Retreat, Complete With A Detached Single-Car Garage, Concrete Patio, Exterior Sconce Lighting And A Lush Green Lawn, Perfect For Outdoor Entertaining Or Quiet Summer Evenings With Family. Whether You're Looking To Settle Into A Welcoming Neighbourhood, Downsize In Style, Or Invest In A Prime South Etobicoke Location, 68 Algoma Street Is The Perfect Place To Call Home.

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 18, 2025
Sold price information is available to members only
Listed Date7/2/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFinished
Lot Size33.25 × 125.5 Feet
CountyToronto
Annual Tax$4,645.17
Legal DescriptionPT LT 253, PL 891 , AS IN EB279441 ; ETOBICOKE , CITY OF TORONTO

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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68 Algoma 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 68 Algoma Street, Toronto W06, ON M8Y 1C5

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$204,970 (20.0%)
* Minimum Canadian down payment required for this price is $204,970.
Amortization Period25 Years
Estimated Monthly Payment$4,886Based on a loan of $819,880 over 25 years.
Purchase Price$1,024,850
Loan Amount$819,880
Provincial Land Transfer Tax:$16,972
Toronto Municipal Land Transfer Tax:$16,972
Total Estimated Closing Taxes:$33,944

About Purchasing a Home in Toronto, ON

For a property listed at $1,024,850 in Toronto, the legal minimum down payment is $204,970 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 $16,972 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,972 also applies, bringing the total estimated land transfer taxes to $33,944.

Nearby Listings

Distance:

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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$879,444

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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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.