Detached House for sale at 55 Algoma Street, Toronto, Ontario, M8Y 1C4 - Mimico - MLS: W13784776

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55 Algoma Street

Toronto, Ontario, M8Y 1C4 - Mimico

$1,769,000

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Neighbourhood

Mimico
Major Intersection

Royal York Rd & Gardner Expy

Listed Since: 2 day(s)
Last update: today

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Overview

Property Type

Detached, 2-Storey
Bedrooms

3 + 1
Bathrooms

5
Basement

Apartment + Sep Entrance
Kitchen

1 + 1
Total Parking

1
Lot Size

24x125.5 (Feet)
Taxes

$4,850.00 (2026)
Type

Freehold

Property Description

Property description for 55 Algoma Street, Toronto

Welcome to this beautifully renovated detached four-bedroom, five-bathroom home in the highly desirable Mimico community. This pocket of Mimico is known for its charming village feel, walkable local shops, and steps to GO transit, parks, schools, and the waterfront.The home features a fully updated interior.The main and second floors feature milled ash hardwood floors reclaimed from barns in southwestern Ontario, a stunning kitchen with quartz countertops and a functional, modern layout ideal for family living and entertaining. A walkout from the kitchen leads directly to the back garden, creating an easy indoor outdoor flow for everyday living. A powder room on the main floor adds everyday convenience. The underpinned basement offers rare eight foot ceilings, heated floors, a spacious and cozy family room, and a self contained in law suite with a separate entrance that is well suited for extended family or income potential. Upstairs, the primary suite showcases a vaulted ceiling, creating a bright, airy retreat with a sense of openness and calm. Both second floor bathrooms are finished with luxurious heated floors and skylights adding comfort and refinement to daily routines. The guest suite on this level also features a skylight that brings natural light into the space. Walk in closets and plenty of storage throughout the home add to its practicality and appeal.A separate detached garage provides valuable additional space and would make an excellent studio, workshop, gym, or creative workspace. At the end of the street, a newly updated public park offers a climbing gym, splash pad, dog park, and running track, creating a vibrant extension of the neighbourhood for families and people who enjoy an active outdoor lifestyle.Located steps from Mimico Village, parks, schools, and transit, this home blends luxury, comfort, and convenience in one of Etobicoke's most sought after neighbourhoods.

Listed by BOSLEY REAL ESTATE LTD.

Property details

MLS #

W13784776
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

100+
Pool

None
Drive

Front Yard
Garage

Detached
Total Parking

1
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Concrete, Concrete Block
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

W13784776
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

100+
Pool

None
Drive

Front Yard
Garage

Detached
Total Parking

1
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Concrete, Concrete Block
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

4.11 x 2.92 ft Main level

hardwood floor, Combined W/Dining
Dining

3.77 x 4.69 ft Main level

Hardwood Floor
Kitchen

3.38 x 3.5 ft Main level

Family Size Kitchen, Centre Island
Family

2.92 x 4.66 ft Main level

W/O To Deck, Sliding Doors, Combined W/Kitchen
Powder Rm

1.24 x 1.31 ft Main level

2 Pc Bath, Tile Floor
Primary

6.85 x 2.77 ft 2nd level

5 Pc Ensuite, Vaulted Ceiling, W/I Closet
2nd Br

3.08 x 9.8 ft 2nd level

Skylight, Closet
3rd Br

3.59 x 3.38 ft 2nd level

Closet
Bathroom

1.25 x 2.68 ft 2nd level

4 Pc Bath, Heated Floor, Skylight
Family

3.56 x 3.65 ft Bsmt level

hardwood floor, Combined W/Laundry
Bathroom

1.85 x 2.07 ft Bsmt level

Tile Floor, Heated Floor
Kitchen

2.74 x 4.35 ft Bsmt level

Heated Floor
Living

3.2 x 3.41 ft Bsmt level

hardwood floor, Heated Floor
4th Br

4.14 x 2.16 ft Bsmt level

hardwood floor, Heated Floor
Bathroom

1.55 x 1.79 ft Bsmt level

3 Pc Bath, Tile Floor

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 55 Algoma Street, Toronto

This property has been sold 4 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Detached in Mimico

Active listings

Average Selling Price of a Detached

August 2026

$1,232,125

Last 3 Months

$1,270,458

Last 12 Months

$1,155,410

August 2025

$1,147,929

Last 3 Months LY

$1,236,633

Last 12 Months LY

$1,390,177

Change

-17%

Historical Average Selling Price of a Detached in Mimico

Average Selling Price

3 years ago

$1,072,100

Average Selling Price

5 years ago

$1,433,750

Average Selling Price

10 years ago

$958,010

Change

15%

Change

-14%

Change

29%

Number of Detached Sold

August 2026

Last 3 Months

Last 12 Months

August 2025

Last 3 Months LY

Last 12 Months LY

Change

14%

Change

-22%

Change

-12%

How many days Detached takes to sell (DOM)

August 2026

Last 3 Months

Last 12 Months

August 2025

Last 3 Months LY

Last 12 Months LY

Change

-38%

Change

-16%

Change

-9%

Average Selling price

Inventory Graph

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.