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For saleMLS® W13560268

40 MacDonald Street, Toronto, ON M8V 1Y4

Mimico · W06 · M8V 1Y4

$1,399,000

$700 / sq ft

3 months on market

Bedrooms
4+1
Bathrooms
4
Interior
2,000 sf
Parking
6
Lot
50 × 125 ft
Age
51-99 years

What's special

  • Attached garage
  • Finished basement

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About this property

Excellent Development Potential in Highly Coveted Mimico. Rare 50 x 125 Ft Lot in One of the City's Most Vibrant Lakeside Communities. Effortless Stroll to Mimico Go Station, Lake Ontario and Top Tier Schools. This Huge 4 Level Backsplit Features 4 Bedrooms, 4 Bathrooms, Cathedral Ceiling in Entry & Foyer, Separate Entrance to Lower Levels with Walkout at Grade, Huge Above Grade Family Room, Replaced Oak Hardwood Floors & Stairs in LR, DR & Family Room. Roof 2018, Solid Double Garage with Large Loft Area, Double Drive-way. Renovate to Build Your Ultimate Custom Dream Home or Apply to Sever and Build Two! This property offers many Opportunities in a Highly Desirable Neighbourhood

Features

  • None

Property details

Property

Property type
detached
Bedrooms
4 + 1
Bathrooms
4
Interior size
2,000 sq ft
Year built
51-99
Lot size
50 × 125 ft
Zoning
RM(u3;d0.6*22)
Possession
90 - 120 Days

Interior

Basement
Partially Finished
Heating
Forced Air · Gas
Exposure
North

Exterior & services

Construction
Brick
Garage
Attached
Parking spaces
6
Sewer
Sewer

Costs

List price
$1,399,000
Property taxes
$7,765 / year (2026)
Price per sq ft
$700
Rental items
HWT (Enercare)

Listing

MLS® number
W13560268
Status
For sale
Listed
July 14, 2026
Days on market
114
Last updated
August 12, 2026
Listing brokerage
ROYAL LEPAGE TERREQUITY REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 54% of comparable detached listings in Mimico are asking less.

$913KMedian $1.29M$2.20M
This home
$700 / sq ft
Comparable median
$1,101 / sq ft

Based on 24 comparable active detached listings in Mimico. These are asking prices, not sale prices.

Mortgage estimate

Down payment8.2% · minimum $114,900
$114,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$7,100.01
Property tax (est.)
$647.10
Estimated monthly
$7,747

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$24,455
Toronto municipal
$24,455
Total due on closing
$48,910

An estimate on the asking price of $1,399,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ROYAL LEPAGE TERREQUITY REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,399,000

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