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56 days on Market

65 Fortieth St, Toronto, Ontario M8W 3M8

Detached
2
1
- sqft
$1,699,000
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Detached
2
1
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$7,296/mo

Tax Amount (2024)$3,750/yr

Days On Market56 days


Description

******Attention builders and investors******This property is prepared for construction and is suitable for a 5-unit rental, with permits ready. It comprises four separate units spread across two floors, along with an additional unit in the basement with a walkout entrance. Additionally, there is an option to divide the lot into two 25-foot frontage detached or semi-detached units.The property's location is ideal, conveniently situated within walking distance to public transportation such as buses and streetcars, the GO train, as well as the lake, and close to shops and grocery stores. All drawings and architectural designs are completed and will be provided to interested buyers.Currently, the house is rented on a month-to-month basis.


Property Details

StyleBungalow
View-
Age of property-
SqFt-
Lot Size5,850 SqFt(117 x 50)
Parking Spaces4
MLS ®NumberW11959887
Community NameLong Branch
Data SourceTRREB
Listing byMAX REALTY SOLUTIONS LTD.

Features

Heating: Forced Air
Basement: Sep Entrance, Unfinished

Main Floor

Dining

3.04 x 3.04

Window / Combined W/Living / Laminate

Living

4.08 x 3.35

Window / Combined W/Dining / Laminate

Primary

3.65 x 3.04

Closet / Window / Laminate

2nd Br

3.35 x 2.74

Closet / Window / Laminate


Features

Lot size: 5,850 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Feb 6, 2025
ListedActive
$1,699,000
56 days on market
history photo preview18
Listing by trreb®
Property listed by MAX REALTY SOLUTIONS LTD., Brokerage

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Market Data - Long Branch

Geo Zone Map ThumbnailLong Branch

Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

19 days

Compared to

2024

21 days

2023

23 days

2022

6 days

New Listings

Past 30 days

14 listings

Compared to

2024

9 listings

2023

5 listings

2022

14 listings

Units sold

Past 30 days

4 units

Compared to

2024

5 units

2023

5 units

2022

3 units

Median Sold Price

Past 30 days

$1,477,500

Compared to

2024

$1,400,000

2023

$1,505,000

2022

$1,078,000


Population and Demographics

Overview

Total population 8240
Average household income $139,288

Age (%)

20 to 34
22%
35 to 49
22%
50 to 64
22%
0 to 19
18%
65 and plus
16%

Household composition (%)

Single family
54%
Single person
39%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
74%
Polish
6%
Spanish
4%
Others
3%
Portuguese
2%
Ukrainian
2%
Tagalog (Pilipino, Filipino)
2%
French
2%
Russian
1%

House tenancy (%)

Owners
51%
Renters
49%

Schools and amenities

Estimated Budget