58 Forty-First Street, Toronto, ON M8W 3N6
Long Branch, Toronto · Near Hwy 427/Lakeshore Rd E · View map
About this home
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!
The home
- Type
- Triplex
- Style
- 2-Storey
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 6
- Basement bedrooms
- 2
- Bathrooms
- 3
- Kitchens
- 2
- Rooms
- 12
- Basement
- Apartment, Separate Entrance, Finished
- Lot size
- 50 x 120 ft
- Faces
- West
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Radiant
- Air conditioning
- Window Unit(s)
- Fireplace
- No
Garage & parking
- Garage
- Detached
- Garage spaces
- 2
- Driveway spaces
- 6
- Total parking
- 8
- Parking features
- Private
Taxes & other
- Property taxes
- $7,075/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- 60 Days +
- Cross street
- Hwy 427/Lakeshore Rd E
- Neighbourhood
- Long Branch
More
- Price per sq ft
- ~$578 (at 2,250 sq ft)
- MLS® number
- W13518424
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The home and its surroundings
- Separate Hydro Meter
- Storage Area Lockers
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
58 Forty-First Street, Toronto, ON M8W 3N6
Long Branch, Toronto · Near Hwy 427/Lakeshore Rd E
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Listing history for 58 Forty-First Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 58 Forty-First Street
Answers come straight from this home’s MLS® listing.
How much is 58 Forty-First Street listed for, and what would it cost each month?
58 Forty-First Street is listed for $1,299,900. With 20% down ($259,980), the mortgage payment would be roughly $5,243 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,833 a month, all in. That figure is an illustration, not a quote.
Is 58 Forty-First Street freehold or a condo, and is there a monthly fee?
58 Forty-First Street is a triplex in Long Branch, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 58 Forty-First Street have?
58 Forty-First Street has 6 bedrooms, plus 2 more bedrooms in the basement, and 3 bathrooms. The listing gives the style as 2-storey.
Does 58 Forty-First Street have a garage and parking?
Yes. The listing shows the garage as detached, with room for 2 cars. The driveway adds 6 spaces. In total the listing counts 8 parking spaces.
Does 58 Forty-First Street have a finished basement?
The listing describes the basement as apartment, separate entrance, finished. It counts 2 bedrooms on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 58 Forty-First Street?
58 Forty-First Street is a triplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 58 Forty-First Street, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 50 x 120 ft.
How is 58 Forty-First Street heated and cooled?
Heating is radiant (gas). Cooling is window unit(s).
What are the property taxes for 58 Forty-First Street?
Property taxes are $7,075 a year (2026), or about $590 a month.
Where is 58 Forty-First Street?
58 Forty-First Street is in the Long Branch community of Toronto. The nearest main intersection is Hwy 427/Lakeshore Rd E. The postal code is M8W 3N6.
Is 58 Forty-First Street still for sale?
Yes. It is an active listing (MLS® W13518424). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 58 Forty-First Street asking?
Similar properties for sale nearby right now include 31 Long Branch Avenue at $1,248,000 (5 bed), 35 Fifteenth Street at $1,299,000 (5 bed) and 656 Shaw Street at $1,348,800 (5 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 58 Forty-First Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 58 Forty-First Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Long Branch, picked by style, size and price.
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Duplex$1,348,800656 Shaw Street, Toronto5 bed · 2 bath · Palmerston-Little ItalyCourtesy of: ENGEL & VOLKERS TORONTO CITYView home →Courtesy of: RE/MAX PREMIER INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.