40 MacDonald Street, Toronto, ON M8V 1Y4
Mimico, Toronto · Near Royal York & MacDonald St. · View map
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
The home
- Type
- Backsplit
- Style
- Backsplit 4
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 4
- Basement bedrooms
- 1
- Bathrooms
- 4
- Kitchens
- 1
- Rooms
- 9
- Basement
- Partially Finished
- Lot size
- 50 x 125 ft
- Faces
- North
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Fireplace
- No
Garage & parking
- Garage
- Attached
- Garage spaces
- 2
- Driveway spaces
- 4
- Total parking
- 6
- Parking features
- Private Double
Taxes & other
- Property taxes
- $7,765/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- 90 - 120 Days
- Cross street
- Royal York & MacDonald St.
- Neighbourhood
- Mimico
More
- Price per sq ft
- ~$622 (at 2,250 sq ft)
- Listed
- Jul 14, 2026 · 90 days ago
- MLS® number
- W13560268
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The home and its surroundings
- Park
- Public Transit
- School
- Porch
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
40 MacDonald Street, Toronto, ON M8V 1Y4
Mimico, Toronto · Near Royal York & MacDonald St.
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Listing history for 40 MacDonald Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 40 MacDonald Street
Answers come straight from this home’s MLS® listing.
How much is 40 MacDonald Street listed for, and what would it cost each month?
40 MacDonald Street is listed for $1,399,000. With 20% down ($279,800), the mortgage payment would be roughly $5,643 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $6,290 a month, all in. That figure is an illustration, not a quote.
Is 40 MacDonald Street freehold or a condo, and is there a monthly fee?
40 MacDonald Street is a backsplit in Mimico, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 40 MacDonald Street have?
40 MacDonald Street has 4 bedrooms, plus 1 more bedroom in the basement, and 4 bathrooms. The listing gives the style as backsplit 4.
Does 40 MacDonald Street have a garage and parking?
Yes. The listing shows the garage as attached, with room for 2 cars. The driveway adds 4 spaces. In total the listing counts 6 parking spaces.
Does 40 MacDonald Street have a finished basement?
The listing describes the basement as partially finished. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown.
What style of home is 40 MacDonald Street?
40 MacDonald Street is a backsplit. A backsplit has its levels staggered front to back: from the street it looks like a bungalow, with extra levels at the rear.
How big is 40 MacDonald Street, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 50 x 125 ft.
How is 40 MacDonald Street heated and cooled?
Heating is forced air (gas). The listing does not show air conditioning.
What are the property taxes for 40 MacDonald Street?
Property taxes are $7,765 a year (2026), or about $647 a month.
Where is 40 MacDonald Street?
40 MacDonald Street is in the Mimico community of Toronto. The nearest main intersection is Royal York & MacDonald St.. The postal code is M8V 1Y4.
How long has 40 MacDonald Street been on the market?
40 MacDonald Street was listed on July 14, 2026. It has been on the market for 90 days. It is an active listing (MLS® W13560268). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 40 MacDonald Street asking?
Similar bungalow-style homes for sale nearby right now include 8 Bellbury Crescent at $1,328,800 (4+1 bed), 21 Ivan Road at $1,279,000 (4 bed) and 254 Maple Leaf Drive at $1,699,900 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 40 MacDonald Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 40 MacDonald Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near Mimico, picked by style, size and price.
Backsplit$1,328,8008 Bellbury Crescent, Toronto4+1 bed · 2 bath · Don Valley VillageCourtesy of: ROYAL LEPAGE SIGNATURE REALTYView home →
Backsplit$1,279,00021 Ivan Road, Toronto4 bed · 3 bath · Centennial ScarboroughCourtesy of: RE/MAX HALLMARK FIRST GROUP REALTY LTD.View home →
Backsplit$1,699,900254 Maple Leaf Drive, Toronto4 bed · 4 bath · RusticCourtesy of: RE/MAX WEST REALTY INC.View home →Courtesy of: ROYAL LEPAGE TERREQUITY REALTY
PropTx MLS® assumes no responsibility for the accuracy of any information shown. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.