63 Fortieth St
Long Branch, Etobicoke, M8W 3M8
FOR SALE
$1,499,900
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2 + 1
BEDROOMS2
BATHROOMS1 + 1
KITCHENS4 + 3
ROOMSW11911753
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Property Description
Long live Long Branch! An incredible investment opportunity to live in and rent out, or rent both units! The main floor features a large sun-filled living space, modern kitchen, and two bedrooms! Great for first time home buyers, downsizers, investors, or a young family. You wouldn't even believe the "basement" is a basement; partially above grade and filled with natural light. Featuring a fully functional one bedroom rental suite and new egress windows in the kitchen and bedroom. It's all about that South of Lake Shore location! Just a few steps north to all the Lake Shore amenities you need; TTC streetcar and the Long Branch GO Station. Easy access to major highways(Gardiner, 427, QEW, 401) and a quick trip to Pearson Airport! Enjoy lake side living with nearby Marie Curtis Park's sandy beaches, children's playground and walking trails.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-08-09 | 2023-08-13 | 4 | $2,500 | $2,500 | Leased |
Extras
New Egrees Windows In Basement Kitchen and Bedroom. Basement Gutted And Renovated in 2015. Roof Under 10 Years Old!
Nearby Intersections
Lake Shore & Browns (18)
Property Features
Beach, Fenced Yard, Park, Public Transit, School, Waterfront
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
700-1100
Lot Size
25' x 116'
Fronting
East
Taxes
$5,221 (2025)
Basement
Apartment, Sep Entrance
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
None
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Etobicoke Market Statistics
Etobicoke Price Trend
63 Fortieth St is a 2-bedroom 2-bathroom home listed for sale at $1,499,900, which is $457,761 (43.9%) higher than the average sold price of $1,042,139 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 2 bedroom home in Etobicoke declined by $111,757 (9.7%) compared to the previous 30 day period (November 18 - December 17) and up $77,074 (8.0%) from the same time one year ago.Inventory Change
There were 72 2-bedroom homes listed in Etobicoke over the last 30 days (December 18 - January 16), which is down 20.9% compared with the previous 30 day period (November 18 - December 17) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Etobicoke typically sold ($16,217) (1.6%) below asking price over the last 30 days (December 18 - January 16), which represents a $14,365 decrease compared to the previous 30 day period (November 18 - December 17) and ($22,953) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Etobicoke over the last 30 days (December 18 - January 16) stood at 66.7%, down from 87.9% over the previous 30 days (November 18 - December 17) and down from 119.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Etobicoke stood at 34 days when successfully sold over the last 30 days (December 18 - January 16), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Referred Urban Realty
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