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For SaleDetached · 2-StoreyMLS® #W14177544 · TRREB MLS®

53 Fortieth St, Toronto, Ontario

Long Branch, Toronto, Ontario M8W 3M8

Bedrooms
2+1
Lot Size
25 x 116 ft
Bathrooms
2
Type
Detached
Basement
Finished

$1,249,000

About 53 Fortieth St

53 Fortieth St is a 2+1-bedroom, 2-bathroom detached house in Long Branch, Toronto, listed for sale at an asking price of $1,249,000 (MLS® W14177544).

Welcome to 53 Fortieth Street, ideally situated in the highly sought-after Long Branch neighbourhood of South Etobicoke. This inviting 3-bedroom, 2-bathroom home features a unique and functional layout, highlighted by a spacious upper-level primary bedroom retreat complete with double walk-in closets and a private 4-piece ensuite. A main-floor bedroom and a third bedroom within the private lower-level living space offer added flexibility for family, guests or those seeking separate living areas. Outside, enjoy a welcoming front yard, private parking and a fully fenced backyard offering a great space to relax, entertain and enjoy the outdoors. Just a short walk to the shores of Lake Ontario, enjoy easy access to the waterfront, beautiful parks, scenic walking and cycling trails, and green spaces that make this neighbourhood so special. Enjoy nearby shops, cafés, restaurants and everyday conveniences along Lake Shore Boulevard. Commuting is easy with convenient access to Long Branch GO Station, offering train service into downtown Toronto, as well as TTC transit connections. For drivers, quick access to the Gardiner Expressway, QEW and Highway 427 makes travelling throughout the GTA and beyond a breeze.Whether you're heading downtown, enjoying a day by the lake, exploring neighbourhood parks or meeting friends at a local café, this location offers the perfect balance of urban convenience and relaxed lakeside living. An exciting opportunity to call one of Toronto's most desirable waterfront communities home!

Insights

  • Condition Score

    Good
    68out of 100

    6 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall
    6out of 100

    −$3,346/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 428 detached homes with 3 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$5,369 / 2026
MLS® number
W14177544
Board
TRREB MLS®
Property Type
Detached
Days on market
Size
1100-1500 sqft
Lot Size
25 x 116 ft
Listed on
Parking
None, 1 Parking
Listing brokerage: Engel & Volkers OakvilleData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Detached
Style
2-Storey
Community
Long Branch
Municipality
Toronto

Building

Size
1100-1500 sqft
Construction
Wood

Inside

Bedrooms
2+1
Bathrooms
2
Bathroom Details
1 × 4pc Upper, 1 × 3pc Main
Basement Type
Finished
Kitchens
1

Parking

Driveway
Front Yard
Garage Type
None
Additional Parking
1
Total Parking
1

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
25 ft
Depth
116 ft
Lot Size
25 x 116 ft

Additional

Foundation
Poured Concrete
Roof
Asphalt Shingle
Fireplace
No
Pool
None
Den
Yes
Family room
Yes
Extras
Stove, dishwasher, fridge, microwave, washer, dryer, all ELF's, all window coverings, shed.

Rooms

RoomSizeFeaturesLevel
Living6.16 × 5.19 mHardwood FloorMain
Dining4.71 × 3.57 mHardwood FloorMain
Kitchen4.08 × 2.96 m—Main
Bathroom1.57 × 2.41 m3 Pc BathMain
Primary6.78 × 6.09 m3 Pc EnsuiteUpper
Rec7.51 × 4.83 m—Lower
2nd Br3.27 × 3.06 m—Lower
Utility4.98 × 5.96 m—Lower

Map and tour

Detached homes for sale in Long Branch right now

For sale now
29
Median asking price
$1.25M

Middle half: $900K to $1.7M

This home is asking at the median.

See all homes in Long Branch

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Signals around this home

Changing nearby

Changing nearby. 6 open development applications on this home’s street within 800 m.

  • 3811 A-3813 A LAKE SHORE BLVD WOfficial plan or zoning amendmentAppeal Received

    Proposed Official Plan Amendment and Rezoning application to construct a 39-storey mixed-use building with 490 residential units, 71 parking spaces (62 residential and 9 visitor), 558 bicycle parking spaces, two retail units at-grade, and a Privately Owned Pubilically Accessible Space POPS. The existing 14 rental units are also to be replaced.


    380 m away

  • 3809 LAKE SHORE BLVD WOfficial plan or zoning amendmentAppeal Received

    Proposed Official Plan Amendment and Rezoning application to construct a 39-storey mixed-use building with 490 residential units, 71 parking spaces (62 residential and 9 visitor), 558 bicycle parking spaces, two retail units at-grade, and a Privately Owned Pubilically Accessible Space POPS. The existing 14 rental units are also to be replaced.


    380 m away

  • 3807 LAKE SHORE BLVD WOfficial plan or zoning amendmentAppeal Received

    Proposed Official Plan Amendment and Rezoning application to construct a 39-storey mixed-use building with 490 residential units, 71 parking spaces (62 residential and 9 visitor), 558 bicycle parking spaces, two retail units at-grade, and a Privately Owned Pubilically Accessible Space POPS. The existing 14 rental units are also to be replaced.


    380 m away

  • 3811 LAKE SHORE BLVD WOfficial plan or zoning amendmentAppeal Received

    Proposed Official Plan Amendment and Rezoning application to construct a 39-storey mixed-use building with 490 residential units, 71 parking spaces (62 residential and 9 visitor), 558 bicycle parking spaces, two retail units at-grade, and a Privately Owned Pubilically Accessible Space POPS. The existing 14 rental units are also to be replaced.


    380 m away

  • 3813 LAKE SHORE BLVD WOfficial plan or zoning amendmentAppeal Received

    Proposed Official Plan Amendment and Rezoning application to construct a 39-storey mixed-use building with 490 residential units, 71 parking spaces (62 residential and 9 visitor), 558 bicycle parking spaces, two retail units at-grade, and a Privately Owned Pubilically Accessible Space POPS. The existing 14 rental units are also to be replaced.


    380 m away

  • 3819-3829 LAKE SHORE BLVD WOfficial plan or zoning amendmentAppeal Received

    Proposed Official Plan Amendment and Rezoning application to construct a 39-storey mixed-use building with 490 residential units, 71 parking spaces (62 residential and 9 visitor), 558 bicycle parking spaces, two retail units at-grade, and a Privately Owned Pubilically Accessible Space POPS. The existing 14 rental units are also to be replaced.


    380 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

Land transfer tax on this home

Ontario land transfer tax
$21,455
Toronto municipal land transfer tax
$21,455
Total land transfer tax
$42,910
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$34,435
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $1,249,000
$16,980
Ontario total
$21,455

Toronto’s municipal tax uses the same brackets at this price, so it adds another $21,455.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Heritage and ravine protection

  • Not found on the Heritage Register
  • Not in a mapped Heritage Conservation District
  • Not in the mapped ravine protection area

What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Permit history

No cleared building permit found for this address in the City’s cleared-permits file, which begins in 2017. Older permits, open permits and permits filed under another address form may not appear.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
École élémentaire Micheline-Saint-CyrConseil scolaire ViamondeFrench-language public · grades JK–6350 m76%Grade 6 average
St Josaphat Catholic SchoolToronto CDSBCatholic · grades JK–8350 m66%Grade 6 average
James S Bell Junior Middle SchoolToronto DSBPublic · grades JK–8950 m80%Grade 6 average
Sir Adam Beck Junior SchoolToronto DSBPublic · grades JK–5 · French Immersion1.5 km86%Grade 3 average
SecondaryTypeDistanceGrade 9 math 2024–25
Father John Redmond Catholic Secondary SchoolToronto CDSBCatholic · grades 9–122 km75%Grade 9 math
Lakeshore Collegiate InstituteToronto DSBPublic · grades 9–12 · French Immersion2.2 km42%Grade 9 math
St Paul Secondary SchoolDufferin-Peel CDSBCatholic · grades 9–122.8 km72%Grade 9 math
Cawthra Park Secondary SchoolPeel DSBPublic · grades 9–123.1 km65%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Transit nearby

StationLinesDistance
Long Branch GOGO Transit train: Lakeshore West550 m
Dixie GOGO Transit train: Milton3.7 km
Mimico GOGO Transit train: Lakeshore West4.5 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Zoning

Zone

RM (u4) (x2)

By-law

569-2013

Municipality

Toronto
Residential Multiple Dwelling zone (RM)
  1. 1 u4

    Unit count: at most 4 dwelling units.

  2. 2 x2

    Site-specific exception 2: this site has rules of its own, written in the by-law.

  3. 3 Where this is written

    Chapter 10, section 10.80 of By-law 569-2013 · Exception 900.6.10(2)

  4. 4 What that means in practice

    These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.

City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Lot

Lot area
2,900 sq ft269 m²
Street frontage
25 ft7.6 m
Depth
116 ft35.4 m
25 × 116 ftFORTIETH ST

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by MPAC.

Mortgage Calculator

Plan with the current asking price

20% · $249,800

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$249,800
Total mortgage amount
$999,200
Total interest payment
$710,500
Total purchase cost
$1,959,500
Mortgage payment
$5,699/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

67%

Monthly carrying cost

$6,146
−$3,346per month
  • Rent $2,800
  • Shortfall $3,346

Rental income opens at $2,800, the median asking rent of 428 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.

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