$1,850,000
41 Algoma Street, Toronto, ON M8Y 1C4
Mimico · W06
Listing courtesy of KELLER WILLIAMS EMPOWERED REALTY
Mimico · W06 · M8V 1Y2
$1,899,900
$760 / sq ft1 months on market
Rare turn-key multi unit property in prime Etobicoke! Perfect for investors seeking a high-performing income generator, end-users wanting to live in one unit while three suites pay down the mortgage, or multigenerational families needing independent living under one roof. Essentially two homes in one, this exceptional property features a front 2-bedroom unit boasting its own private ensuite laundry, a multi-level 3-bedroom, 2.5-bathroom rear suite complete with a main-floor walkout to the backyard and an upper-level private balcony and 2 bright lower level units featuring a 2-bedroom suite and a 1-bedroom suite that all share a dedicated laundry setup complete with a washer/dryer combo, commercial coin-operated dryer, and automatic coin dispenser. Well-maintained throughout with major infrastructure highlights that include thermal windows, full waterproofing with weeping tile, upgraded water service, paved driveway, re-sodded front/back yards, newer appliances throughout. Conveniently located near transit, highways, parks, and local amenities, this turnkey property is a standout investment opportunity.
10 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living Room | Main | 3.30 × 4.60 m10.8 × 15.1 ft | Hardwood Floor · Brick Fireplace |
| Dining Room | Main | 3.10 × 2.60 m10.2 × 8.5 ft | Hardwood Floor |
| Kitchen | Main | 2.20 × 3.60 m7.2 × 11.8 ft | Ceramic Floor |
| Bedroom | Main | 2.95 × 3.90 m9.7 × 12.8 ft | Hardwood Floor · Closet |
| Bedroom | Main | 2.75 × 3.50 m9.0 × 11.5 ft | Hardwood Floor · Closet |
| Kitchen | Main | 4.10 × 4.60 m13.5 × 15.1 ft | Hardwood Floor · Irregular Room |
| Living Room | Main | 5.35 × 7.30 m17.6 × 24.0 ft | Hardwood Floor · Brick Fireplace · W/O To Deck |
| Primary Bedroom | Second | 4.25 × 4.45 m13.9 × 14.6 ft | Hardwood Floor · 4 Pc Ensuite · W/O To Balcony |
| Bedroom 2 | Second | 3.00 × 3.45 m9.8 × 11.3 ft | Hardwood Floor |
| Bedroom 3 | Second | 5.00 × 2.90 m16.4 × 9.5 ft | Hardwood Floor |
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 83% of comparable detached listings in Mimico are asking less.
Based on 24 comparable active detached listings in Mimico. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,899,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of REMAX YOUR COMMUNITY 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.
What similar homes in this area actually sold for.
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$1,850,000
Mimico · W06
Listing courtesy of KELLER WILLIAMS EMPOWERED REALTY
$1,998,000
Mimico · W06
Listing courtesy of RE/MAX PROFESSIONALS INC.
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Listing courtesy of RE/MAX WEST REALTY INC.
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Mimico · W06
Listing courtesy of RE/MAX REALTY ENTERPRISES INC.
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Listing courtesy of Royal LePage Real Estate Associates