For Sale: 58 Forty First Street, Toronto, ON - REW
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$1,599,900
8 bd • 3 ba • 2000 - 2499 sf • Multifamily
58 Forty First Street
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$1,599,900
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58 Forty-First StreetToronto, ON, M8W 3N6

Long Branch
  • 8 Bed
  • 3 Bath
  • 2000 - 2499 Sqft
  • Multifamily

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. 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! (id:63626)
Listed by: DANNY TAGLIERI, Broker, RE/MAX PREMIER INC.

Home facts and features

Price details
List Price
$1,599,900
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Gross Taxes for 2026
$7,075
Home facts
Bedrooms
8
Full Bathrooms
3
Parking Spaces
8
Parking Details
Garage, Detached Garage
Property Type
Multifamily
Depth
120 feet
Frontage
50.0 feet
Exterior Finish
Brick
Heating Type
Radiant heat, Natural gas
Cooling
Window air conditioner
Basement Details
Finished, Apartment in basement, Separate entrance, , ,
Features
Separate Electricity Meters
Appliances
Dishwasher, Dryer, Garage door opener, Hood Fan, Microwave, Refrigerator, Storage Shed, Stove, Washer, Water Heater, Window Coverings
Community
Agent details
Primary Agent
Primary Broker
RE/MAX PREMIER INC.
Listing details
Days on REW
1 Day
MLS® Number
W13518424
Source
Canadian Real Estate Association
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25 Years
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3.99%

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Property Insights

Christ the King Catholic School
  • Catholic
  • JK - 8
James S Bell Junior Middle School
  • Public
  • JK - 8
Sir Adam Beck Junior School
  • Public
  • JK - 5
Star Academy Elementary Private School
  • Private
  • JK - 8
The Toronto French School - Mississauga
  • Private
  • NS - 12
Twentieth Street Junior School
  • Public
  • JK - 5
St Ambrose Catholic School
  • Catholic
  • JK - 8
Lanor Junior Middle School
  • Public
  • JK - 8
Queen of Heaven School
  • Catholic
  • JK - 8
Father John Redmond Catholic Secondary School
  • Catholic
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Broker
DANNY TAGLIERI
Phone:
(416) 526-9000
Office:
416-743-5000
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.