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Renanza Realty
For sale

31 FORTIETH STREET

Toronto (Long Branch), Ontario

MLS® W14108964

$2,199,000

Status
Active
Property type
Multi-family
MLS® number
W14108964
Bedrooms
10
Bathrooms
6
Year built
—

Listing description

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.

Property summary

MLS® number
W14108964
Property type
Multi-family
Building type
Duplex
Land size
50 x 115.5 FT
Annual property taxes
$10,120.83
Parking
6 spaces · Garage
Days on market
9 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Partially finished, Separate entrance, N/A, N/A
Flooring
Hardwood, Ceramic
Appliances
Dishwasher, Dryer, Two stoves, Window Coverings, Two Washers, Two Refrigerators
Exterior features
Brick

What would this home cost you?

Based on the $2,199,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$10,232 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX PROFESSIONALS INC., TORONTO.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.