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31 FORTIETH STREET, Toronto (Long Branch) — listed at $2,199,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Homes like this almost never come to market in Long Branch. A legal duplex built for multi-generational living, on a 50 x 115.5 ft lot steps from the lake, with extremely solid bones and enough space to truly support multiple households. Parents, adult children and extended family can each have their own space under one roof, including their own laundry, with room to come together when they want to. The main floor is a 3-bedroom, 2-bathroom suite with hardwood floors, an open kitchen and dining area, and a sunken living room framed by a wall of windows. The upper unit offers 5 bedrooms and 3 bathrooms across the second floor and loft. The second floor has hardwood floors, a bright living room and a large eat-in kitchen with a walkout to the back deck. The loft holds the primary bedroom with its own ensuite and jacuzzi tub, plus a huge bonus room under skylights for a family room, office or studio. The basement adds even more space, with potential for a third suite or added living area for the main floor unit. Equally compelling as an investment, with two legal units in place today, each separately metered with its own laundry, plus potential for a third (subject to City approvals). Planning a renovation? The central plumbing stack keeps layout changes simpler and costs more predictable, and the structure gives you a strong starting point. Brick exterior, decks off the back, and a built-in double garage plus driveway parking for approx. 4 more cars. Set in a quiet pocket near the water, it's a short walk to Marie Curtis Park, one of the best parks in the city, with its beach, volleyball courts and dog park. Walk to Long Branch GO and the restaurants on Lake Shore, with quick access to the 427, the Gardiner and Pearson Airport. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Family room | Ground level | 5.55 x 5.42 meters |
| Dining room | Ground level | 8.6 x 4.12 meters |
| Kitchen | Ground level | 8.6 x 4.12 meters |
| Primary Bedroom | Ground level | 5.35 x 3.33 meters |
| Bedroom 2 | Ground level | 4.38 x 2.77 meters |
| Bedroom 3 | Ground level | 4.28 x 2.65 meters |
| Living room | Second level | 6.52 x 6.8 meters |
| Kitchen | Second level | 7.06 x 5.1 meters |
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $10,120.83, heating is forced air, 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 6 spaces — Garage.
Is 31 FORTIETH STREET a good fit for a growing family?+
With 10 bedrooms and 6 bathrooms, there's room for kids plus a guest room or home office. The 2.5-storey layout keeps living and sleeping areas separated.
How is the space laid out across floors?+
This is a 2.5-storey multi-family. The 10 bedrooms and 6 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Does it have a basement, and is it finished?+
Yes — Partially finished, Separate entrance, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
What makes this a luxury property?+
At $2,199,000, standout features include 6 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
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