40 August Ave is a 4-bedroom, 4-bathroom duplex in Toronto, listed for $799,000. It has 2000-2500 sq ft of living space.
1Plans call for a modern 4-bedroom, 4-bathroom single-family home, designed for today's lifestyle.
2Showings by appointment only.
3Do not walk the lot without permission.Being sold together with 42 August Ave directly next door identical home mirror image.Don't miss this incredible opportunity!
ATTENTION BUILDERS & DEVELOPERS Unfinished Project Near Danforth & The Beaches Exceptional opportunity to take over a partially completed residential build in one of Toronto's most coveted neighbourhoods just steps to The Danforth and minutes from The Beaches. This property is being sold as-is, where-is, making it ideal for a builder looking to complete the project with their own finishing touches. Located on a quiet, dead-end street lined with custom homes, this family-friendly area features mature trees, excellent access to downtown, TTC, top-rated schools, parks, and local shops.Framing and foundation work are already completed, offering a head start on construction. Plans call for a modern 4-bedroom, 4-bathroom single-family home, designed for today's lifestyle. Showings by appointment only. Do not walk the lot without permission.Being sold together with 42 August Ave directly next door identical home mirror image.Don't miss this incredible opportunity!
4 bedrooms, 4 bathrooms, about 2,000 sq ft, works out to roughly $400 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.
Inside 40 August Ave
Every detail from the listing, in one place.
Type
Duplex
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Other
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Other
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Duplex
40 August Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,925
/mo
based on the purchase price of $799,000
$159,800 cash
$639,200 financed
$538,374 total interest
Principal54%$639,200
Interest46%$538,374
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 3–4 bed homes for sale in Toronto around $799K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5110.5%On average, homes sold at or above asking.
Active listings12,678Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 2 – Jul 31, 2026.
Based on 9,278 sales from Jul 31 – Oct 29, 2026 (6,995 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
40 August Ave is listed at $799,000 (MLS® E14130202). Summitly updates the price as soon as the MLS® record changes.
Is $799,000 a good price for 40 August Ave?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 40 August Ave changed?
No — 40 August Ave is still listed at its original asking price of $799,000.
How many bedrooms and bathrooms does 40 August Ave have?
40 August Ave has 4 bedrooms and 4 bathrooms, with about 2,000–2,500 square feet of living space. It is a duplex in Toronto.
Is 40 August Ave close to transit?
The nearest rapid-transit station is Victoria Park Station (Line 2), about 700 m (about a 9-minute walk) in a straight line. Danforth GO Station is about 1.7 km (about a 21-minute walk), and Main Street Station is about 1.7 km (about a 21-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 40 August Ave?
About $3,925 a month — principal and interest on $799,000 with 20% down ($159,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 40 August Ave compare with other homes in Toronto?
Its asking price of $799,000 is about 5% below the median sold price in Toronto over the last 90 days, $840,000, across 9,278 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 40 August Ave been sold before?
Yes — Summitly has 2 earlier MLS® listings of 40 August Ave on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 40 August Ave?
40 August Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 40 August Ave been on the market?
40 August Ave was listed today (October 29, 2026).
What is the price per square foot of 40 August Ave?
About $320 to $400 per square foot: the asking price of $799,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 40 August Ave have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
