$1,399,000
40 MacDonald Street, Toronto, ON M8V 1Y4
Mimico · Toronto · M8V 1Y4
Listing brokerage: ROYAL LEPAGE TERREQUITY REALTY
- Beds
- 4+1
- Baths
- 4
- Sq ft
- 2000–2500
- Parking
- 6
Monthly costs
Property taxes
$647/mo
$7,765 a year (2026)
The home
- Lot size
- 50 × 125 ft
- Style
- Backsplit 4
- Basement
- Partially Finished
- Parking
- 6 spots · Attached
- Faces
- North
- Age
- 51-99 years
- Heating · cooling
- Forced Air
- Possession
- 90 - 120 Days
About this home
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
All details23 more from the listing · Interior, Heating, Parking, Exterior, Utilities, Taxes, Listing
Interior
- Bedrooms
- 4+1
- Bathrooms
- 4
- Kitchens
- 1
- Rooms
- 9
- Den / family room
- Yes
- Size
- 2000-2500 sq ft
Heating & Cooling
- Heat source
- Gas
Parking
- Covered spaces
- 2
Features
- Private Double
Exterior & Lot
- Exterior
- Brick
- Roof
- Shingles
Exterior features
- Porch
Utilities
- Sewer
- Sewer
Taxes & Fees
- HST
- Included In
Listing
- MLS® number
- W13560268
- Type
- Detached
- Transaction
- For Sale
- Neighbourhood
- Mimico
- Cross streets
- Royal York & MacDonald St.
- Co-listing brokerage
- ROYAL LEPAGE TERREQUITY REALTY
Rooms · 4Washroom ×4
4-piece washroom
Ground
3-piece washroom
Lower
4-piece washroom
Upper
3-piece washroom
In Between
History
Past listings and sales for this home and building.
Location
40 MacDonald Street, Toronto, ON M8V 1Y4 · Near Royal York & MacDonald St.
Monthly cost
Estimated monthly cost
$6,842/mo
- Mortgage
- $6,194
- Property tax
- $647
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
Cash to close
Cash to close
$330,843
$279,800 down + $51,043 to $52,293 in closing costs
- Ontario land transfer tax
- $24,455
- Toronto land transfer tax
- $24,455
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Property tax adjustment
- $383
Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.
The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
$1,399,000
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