31 Fortieth Street

Toronto, ONMulti-family
$2,199,000
MLS® W14108964
Multi-family10 beds6 baths6 total
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About This Property

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 a short walk from the lake, with extremely solid bones and a layout with ample space to actually supports multiple households. Very few properties in the neighbourhood can match it. 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 you 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. 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. A quiet pocket close to the lake, 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:63604)

Key Facts

Type
Multi-family
Beds
10
Baths
6
Size
3,500 sqft
Lot
50 x 115.5 FT
Parking
6 total

Highlights

  • Dishwasher
  • Dryer
  • Two stoves
  • Window Coverings
  • Two Washers
  • Two Refrigerators
Property Details 16 details
Bedrooms
10 bedrooms
8 above grade + 2 below grade
Bathrooms
6 bathrooms
Parking
6 parking spaces
Garage
Living area
3,500 - 5,000 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Duplex
Attached status
Attached
Storeys
2.50
Basement
Partially finished, Separate entrance
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
50 x 115.5 FT
Frontage
50 feet
Taxes
$10,120.83 (2,025)
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

DishwasherDryerTwo stovesWindow CoveringsTwo WashersTwo RefrigeratorsHardwoodCeramic

Exterior features

BrickBlock

Systems and association

SewerElectricityCable
Rooms 8 rooms
Level
Room
Dimensions
Ground level
Family room
5.55 m x 5.42 m
Ground level
Dining room
8.6 m x 4.12 m
Ground level
Kitchen
8.6 m x 4.12 m
Ground level
Primary Bedroom
5.35 m x 3.33 m
Ground level
Bedroom 2
4.38 m x 2.77 m
Ground level
Bedroom 3
4.28 m x 2.65 m
Second level
Living room
6.52 m x 6.8 m
Second level
Kitchen
7.06 m x 5.1 m
Mortgage & Affordability Estimate monthly costs
Purchase price$2,199,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Long Branch
City
Toronto
Postal code
M8W 3M8
Nearby
Lake Shore & Browns Line