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31 FORTIETH STREET, Toronto (Long Branch), Ontario

$2,199,000

10 bed · 6 bath

MLS® W14108964

Homes like this almost never come to market in Long Branch. A legal duplex built for multi-generational living, on a 50 x 115.5 ft lot a short walk from the lake, with extremely solid bones and a layout with ample space to actually supports multiple households. Very few properties in the neighbourhood can match it. Parents, adult children and extended family can each have their own space under one roof, including their own laundry, with room to come together when you want to. The main floor is a 3 bedroom, 2 bathroom suite with hardwood floors, an open kitchen and dining area, and a sunken living room framed by a wall of windows. The upper unit offers 5 bedrooms and 3 bathrooms across the second floor and loft. The second floor has hardwood floors, a bright living room and a large eat-in kitchen with a walkout to the back deck. The loft holds the primary bedroom with its own ensuite and jacuzzi tub, plus a huge bonus room under skylights for a family room, office or studio. The basement adds even more space, with potential for a third suite or added living area for the main floor unit. Equally compelling as an investment, with two legal units in place today, each separately metered with its own laundry, plus potential for a third. Planning a renovation? The central plumbing stack keeps layout changes simpler and costs more predictable, and the structure gives you a strong starting point. Brick exterior, decks off the back, and a built-in double garage plus driveway parking for approx. 4 more cars. A quiet pocket close to the lake, a short walk to Marie Curtis Park, one of the best parks in the city, with its beach, volleyball courts and dog park. Walk to Long Branch GO and the restaurants on Lake Shore, with quick access to the 427, the Gardiner and Pearson Airport. (id:56426)

GRAHAM ROWLANDS

Listed by RE/MAX PROFESSIONALS INC.

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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
11,400
Median household income
$86,995
Median home value
$1,042,749
Owner-occupied
50%
Homes for sale
91
Median list price
$999,999

Source: Statistics Canada 2021, LiveBy

Map of Long Branch
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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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