41 Algoma St is a 4-bedroom, 4-bathroom detached home in Toronto, listed for $1,850,000. It has 1500-2000 sq ft of living space.
1Newly constructed and never lived in, this exceptional residence sits on a thoughtfully redeveloped lot, offering contemporary design, spacious interiors, and outstanding functionality.
2Enjoy a bright living room, spacious family room, formal dining area, and sun-filled breakfast space.
3Located in a desirable neighborhood near top-rated schools, major highways, and transit.
Welcome to 41 Algoma Street! Newly constructed and never lived in, this exceptional residence sits on a thoughtfully redeveloped lot, offering contemporary design, spacious interiors, and outstanding functionality. The main floor features 9-ft ceilings and a thoughtfully designed layout ideal for everyday living and elegant entertaining. Enjoy a bright living room, spacious family room, formal dining area, and sun-filled breakfast space. Large windows throughout provide abundant natural light. Offering 4 spacious bedrooms and 5 beautifully finished washrooms, this home delivers comfort and convenience for the entire family. The beautifully finished with a separate entrance basement features impressive 10-ft ceilings and a self-contained secondary suite with a walk out Kitchen, appliances and Laundry have been roughed-in and are ready for installation, offering excellent potential for in-law accommodation or additional rental income. Located in a desirable neighborhood near top-rated schools, major highways, and transit. Enjoy nearby Humber Bay Park and Park Lawn Park, along with shopping, dining, and everyday amenities along the vibrant Queensway corridor. Additional highlights include an approved Garden Suite permit, offering future potential for additional living space or supplemental income. A 100A, 240V electrical rough-in extends from the main panel to the rear of the property, providing future capacity for a pool, hot tub, or heavy-duty equipment in the shed. An exceptional opportunity to own a pristine with outstanding features, future potential, and a convenient location.
4 bedrooms, 4 bathrooms, about 1,500 sq ft, works out to roughly $1,233 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 41 Algoma St
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
2 spacesYes garage
Basement
Full, Finished with Walk-Out
Features & systems
Parking & garage
Garage
Yes
Parking spaces
2
Interior
Basement
Full · Finished with Walk-Out
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
41 Algoma St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W14145798$1,850,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 41 Algoma St Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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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
$9,088
/mo
based on the purchase price of $1,850,000
$370,000 cash
$1,480,000 financed
$1,246,548 total interest
Principal54%$1,480,000
Interest46%$1,246,548
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 $1.9M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5185.0%On average, homes sold at or above asking.
Active listings13,305Homes for sale here right now.
Median vs prior 90 days−0.2%Compared with May 8 – Aug 6, 2026: prices down.
Based on 9,142 sales from Aug 6 – Nov 4, 2026 (7,119 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 41 Algoma St
How much is 41 Algoma St listed for?
41 Algoma St is listed at $1,850,000 (MLS® W14145798). Summitly updates the price as soon as the MLS® record changes.
Is $1,850,000 a good price for 41 Algoma St?
Summitly rates it Well Above Market: the asking price is 15% or more above 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 41 Algoma St changed?
No — 41 Algoma St is still listed at its original asking price of $1,850,000.
How many bedrooms and bathrooms does 41 Algoma St have?
41 Algoma St has 4 bedrooms and 4 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Toronto.
How much would the monthly mortgage be on 41 Algoma St?
About $9,088 a month — principal and interest on $1,850,000 with 20% down ($370,000), 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.
Are there open houses at 41 Algoma St?
Yes — Saturday, November 7, 2:00 PM – 4:00 PM; Sunday, November 8, 2:00 PM – 4:00 PM. Open-house times come from the listing brokerage and can change, so check this page before you go, or book a private viewing.
How does 41 Algoma St compare with other homes in Toronto?
Its asking price of $1,850,000 is about 120% above the median sold price in Toronto over the last 90 days, $840,000, across 9,142 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 41 Algoma St been sold before?
Summitly has no earlier MLS® sale or lease of 41 Algoma St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 41 Algoma St?
41 Algoma St is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 41 Algoma St been on the market?
1 day — 41 Algoma St was listed on November 3, 2026.
What is the price per square foot of 41 Algoma St?
About $925 to $1,233 per square foot: the asking price of $1,850,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 41 Algoma St have parking or a garage?
Yes — the listing gives 2 parking spaces. Garage: Yes.