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58 FORTY-FIRST STREET, Toronto (Long Branch) — listed at $1,499,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Beautifully renovated detached triplex on a large 50 x 120 foot lot in an unbeatable Toronto location, offering exceptional income potential for investors or end users looking to live in one unit while generating rental income from the others, potential double lot and also potential to add a garden suite to increase revenue. This well-maintained property features three self-contained units, including two spacious 3-bedroom suites and a 2-bedroom lower-level apartment, making it an ideal opportunity for multi-generational living or strong cash flow. Each upper unit showcases hardwood flooring throughout, updated kitchens with stone countertops, stainless steel appliances, modern cabinetry and stylish finishes. The thoughtfully designed layouts offer generous living and dining areas, spacious bedrooms and renovated bathrooms. The lower-level apartment provides additional income potential with its own kitchen, living space, 2 bedrooms and full bath. The property also offers a common storage area, coin-operated laundry, a newer hot water tank and no rental items for added peace of mind. Outside, enjoy a detached double-car garage plus parking for up to 8 vehicles-an incredibly rare feature in the city. Conveniently located close to the TTC, GO Train, the lake, parks, schools, and shopping, this turnkey investment combines location, versatility, and outstanding value in one exceptional property. Fully leased with great AAA tenants! Start building equity immediately! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 3.57 x 7 meters |
| Bedroom 2 | Second level | 3 x 3 meters |
| Bedroom 3 | Second level | 3.3 x 2.7 meters |
| Living room | Basement | 3.1 x 4.7 meters |
| Kitchen | Basement | 3.3 x 3.7 meters |
| Bedroom | Basement | 3.1 x 3.5 meters |
| Bedroom | Basement | 3.3 x 2.75 meters |
| Dining room | Main level | 3.57 x 7 meters |
| Kitchen | Main level | 3.4 x 4 meters |
| Primary Bedroom | Main level | 3.5 x 3.7 meters |
| Bedroom 2 | Main level | 3.2 x 3.2 meters |
| Bedroom 3 | Main level | 3.1 x 2.7 meters |
| Living room | Second level | 3.4 x 8.15 meters |
| Dining room | Second level | 3.4 x 8.15 meters |
| Kitchen | Second level | 3.9 x 3.3 meters |
| Primary Bedroom | Second level | 3.5 x 3.8 meters |
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $7,074.61, heating is radiant heat, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 8 spaces — Detached Garage, Garage.
Does it have a basement, and is it finished?+
Yes — Finished, Apartment in basement, Separate entrance, N/A, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
How is the space laid out across floors?+
This is a 2-storey multi-family. The 8 bedrooms and 3 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Is 58 FORTY-FIRST STREET a good fit for a growing family?+
With 8 bedrooms and 3 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
What makes this a luxury property?+
At $1,499,900, standout features include 3 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
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