40 MacDonald Street

Mimico, Toronto, M8V 1Y4

$1,399,000

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  • 4+1 bedrooms
  • 4 bathrooms
  • 6 parking
  • 2000-2500 sq ft

Listed 98 days ago · MLS® W13560268

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

Details

Type
Detached
Style
Backsplit 4
Age
51-99 years
Size
2000-2500 sq ft
Lot
50 × 125 ft
Basement
Partially Finished
Garage
Attached
Kitchens
1
Property tax
$7,765 (2026)
Neighbourhood
Mimico
Municipality
Toronto W06
Price per sq ft
$622 (30% below detached houses in Mimico, $887)

Interior

Bedrooms
4 above ground + 1 below
Bathrooms
1 × 4-piece (ground), 1 × 3-piece (lower), 1 × 4-piece (upper), 1 × 3-piece (in between)
Rooms
9 above ground + 3 below
Family room or den
Yes
Fireplace
No

Heating, cooling and services

Heating
Forced Air, Gas
Water and sewer
Sewer

Building and exterior

Style
Backsplit 4
Exterior
Brick
Roof
Shingles
Age
51-99 years
Faces
North
Outdoor
Porch

Parking

Garage spaces
2
Total parking
6
Driveway and parking
Private Double

Lot

Size
50 × 125 ft (rectangular)

More

Possession
90 - 120 Days
Nearby
Park, Public Transit, School
Cross street
Royal York & MacDonald St.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Walkable

  • 🚆 Mimico GO11 min walk

Within a 10-minute walk: 2 grocery stores, 18 cafés and restaurants, 14 parks, 3 pharmacies. Nearest grocery: No Frills (200 m). Nearest park: Hillside Park (250 m).

Schools nearby

Elementary

  • John English Junior Middle School
    EQAO: Gr 6 reading 84%, math 60%
    6 min walk
  • St. Leo Catholic School Catholic
    EQAO: Gr 6 reading 96%, math 73%
    6 min walk
  • Second Street Junior Middle School
    EQAO: Gr 6 reading 88%, math 38%
    12 min walk
  • High Park Centennial Montessori School Private15 min walk

Secondary

  • Mimico Adult Centre5 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M8V

Owners / renters
49% / 51%
Median household income
$79,000
Average age
42
Children under 15
11%
Homes
15% detached, 57% high-rise
Commute by transit
21%
Population
44,144

Languages spoken most at home besides English: Spanish 1.9%, Polish 1.9%, Russian 1.7%, Tibetan 1.4%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Mimico-Queensway (2025): 254% above the Toronto average, up 9% from the year before.

  • Assault448% above average
  • Break and enter30% below average
  • Auto theftabout average
  • Robbery47% below average
  • Theft from vehicles53% below average
  • Shootingsnone reported

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 7 active

  • 286 ROYAL YORK RD · 450 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2026
    The proposed development includes one 40-storey building which will deliver approximately 467 new residential units with 39,654.5 square metres of residential…
    Application details
  • 266 ROYAL YORK RD · 400 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2022
    The proposed development consists of a mixed-use building with 36 storey and 29 storey towers (respectively 116.2 m and 98.7 m in height excl. mechanical…
    Application details
  • 302 DWIGHT AVE · 300 m
    Site Plan · NOAC Issued · applied 2022
    Proposal to construct an addition to the existing refrigerated warehouse of approximately 4,600 sqm. The additional space will be refrigerated warehouse space…
    Application details
  • 266 ROYAL YORK RD · 400 m
    Site Plan · Under Review · applied 2021
    Revised Site Plan Control application to permit a mixed-use development consisting of a mixed-use building with 37 storey and 23 storey towers (respectively…
    Application details
  • 266 ROYAL YORK RD · 400 m
    Plan of Subdivision · Under Review · applied 2021
    Revised Draft Plan of Subdivision application to create six blocks for a mixed-use development: a residential development block, future development block,…
    Application details
  • 266 ROYAL YORK RD · 400 m
    Official Plan / Zoning By-law Amendment · OMB Appeal · applied 2021
    The proposed development consists of a mixed-use building with 36 storey and 29 storey towers (respectively 116.2 m and 98.7 m in height excl. mechanical…
    Application details

2 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 10 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built RM

Residential Multiple Dwelling (with a site-specific exception).

  • ✅ Up to 4 homes on the lot (multiplex)
  • ✅ Garden suite in the backyard
  • ✅ Laneway suite, if the lot backs onto a lane

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

No building permits at this address since 2014.

7 permits on this block of the street in the last 2 years, including 1 new home.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

53 City street trees within 100 m. That’s more than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE TERREQUITY REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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