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For saleListed 9 days agoMLS® C13858432

42 Franklin Avenue, Toronto, ON M2N 1B6

Lansing-Westgate, Toronto · Near YONGE ST / SHEPPARD AVE · View map

$1,488,000
3+2Beds
2Baths
1100–1500Sq ft
1 1/2 storeyType
Attached · 1 spaceGarage
4 totalParking
FinishedBasement
$8,544/yrTaxes
Call / Text Will
$1,488,000
FreeholdNo monthly condo fee
Attached garage4 parking spaces in total
Finished basementExtra living space
Lot 41.7 x 130 ftThe land comes with the home
Central airCool all summer
FireplaceCozy winters

About this home

This Renovated and Upgraded Solid Brick Home Nestled on A Prime Lot (41.67' X 130') with a Renovated Basement, Lovely Backyard, and Established Garden, Located in the Coveted Part of Lansing-Westgate! Just Steps Away from Yonge St, Subways, Shops, Restaurants, Schools, Ravines, Parks & All Other Amenities. Great Opportunity That Can Attract Young Families, First-Time Buyers, Investors, and Builders! Live on the Main & 2nd Floor and Rent the Basement Out Now, Then Build Your Dream Home or Multi-Residential Unit Later (Buyer Should Verify with the City Planner)!! New Hardwood Floors in 3 Bedrooms, Living & Dining Room! Renovated 2nd Floor Bathroom. Fully Renovated Eat-In Kitchen with Modern Finishes! Main Floor Has Its Own Laundry! Newer Windows and Main Entrance Door! Replaced Main Staircase Steps and Added Glass Railing on the 2nd Floor. LED Potlights and New Light Fixtures! Freshly Painted! Cottage-Style 4-Seasons Sunroom with Its Own Heating & Cooling System: Heater/Wood-Burning Fireplace & Ceiling Fan, Walk-Out to a Large Deck and Nature-Filled Backyard! Renovated Basement with Separate Entrance Through the Backyard Sunroom Includes Laminate/Porcelain Flooring, Two Bedrooms with Above-Grade Windows Providing Abundant Natural Light, Each with Its Own Closet, a Full 3-Piece Bathroom, and a Kitchenette/Laundry Area! Combined Furnace Room and Workshop Area with an Above-Grade Window. Move-In Condition! Must See the House and Location! No Side Walk In Front!

The home

Type
1 1/2 storey
Style
1 1/2 Storey
Square footage
1100-1500 sq ft
Bedrooms
3
Basement bedrooms
2
Bathrooms
2
Kitchens
1
Rooms
7
Basement
Finished
Lot size
41.7 x 130 ft
Faces
North

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Brick

Heating & cooling

Heating fuel
Gas
Heating type
Forced Air
Air conditioning
Central Air
Fireplace
Yes

Garage & parking

Garage
Attached
Garage spaces
1
Driveway spaces
3
Total parking
4
Parking features
Available, Private

Taxes & other

Property taxes
$8,544/yr
Tax year
2025
Occupancy
Owner
Possession
30 Days
Cross street
YONGE ST / SHEPPARD AVE
Neighbourhood
Lansing-Westgate

More

Price per sq ft
~$1,145 (at 1,300 sq ft)
Listed
Oct 3, 2026 · 9 days ago
MLS® number
C13858432

The home and its surroundings

  • Storage
  • Level
  • Park
  • Public Transit
  • Rec./Commun.Centre
  • School
  • Deck
Want to know something that isn’t listed?
Estimated monthly cost$6,714per month, all in
  • Mortgage
  • Property tax

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.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    42 Franklin Avenue, Toronto, ON M2N 1B6

    Lansing-Westgate, Toronto · Near YONGE ST / SHEPPARD AVE

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    Sold history

    Listing history for 42 Franklin Avenue

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 42 Franklin Avenue

    Answers come straight from this home’s MLS® listing.

    How much is 42 Franklin Avenue listed for, and what would it cost each month?

    42 Franklin Avenue is listed for $1,488,000. With 20% down ($297,600), the mortgage payment would be roughly $6,002 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $6,714 a month, all in. That figure is an illustration, not a quote.

    Is 42 Franklin Avenue freehold or a condo, and is there a monthly fee?

    42 Franklin Avenue is a 1 1/2 storey in Lansing-Westgate, 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 42 Franklin Avenue have?

    42 Franklin Avenue has 3 bedrooms, plus 2 more bedrooms in the basement, and 2 bathrooms.

    Does 42 Franklin Avenue have a garage and parking?

    Yes. The listing shows the garage as attached, with room for 1 car. The driveway adds 3 spaces. In total the listing counts 4 parking spaces.

    Does 42 Franklin Avenue have a finished basement?

    The listing describes the basement as finished. It counts 2 bedrooms on that level. Finished basement space is usually not counted in the square footage shown.

    What style of home is 42 Franklin Avenue?

    42 Franklin Avenue is a 1 1/2 storey. A 1½-storey home has a full main floor and a partial second floor under the roofline, often with dormer windows.

    How big is 42 Franklin Avenue, and what is the lot size?

    The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 41.7 x 130 ft.

    How is 42 Franklin Avenue heated and cooled?

    Heating is forced air (gas). Cooling is central air.

    What are the property taxes for 42 Franklin Avenue?

    Property taxes are $8,544 a year (2025), or about $712 a month.

    Where is 42 Franklin Avenue?

    42 Franklin Avenue is in the Lansing-Westgate community of Toronto. The nearest main intersection is YONGE ST / SHEPPARD AVE. The postal code is M2N 1B6.

    How long has 42 Franklin Avenue been on the market?

    42 Franklin Avenue was listed on October 3, 2026. It has been on the market for 9 days. It is an active listing (MLS® C13858432). Listings here update from the board through the day and come down once a home sells.

    What are similar bungalows near 42 Franklin Avenue asking?

    Similar bungalow-style homes for sale nearby right now include 207 Elmhurst Avenue at $1,199,000 (2+1 bed), 303 Bogert Avenue at $1,900,000 (4+1 bed) and 28 Inverleigh Drive at $1,399,999 (3+2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 42 Franklin Avenue 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 42 Franklin Avenue?

    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.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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