Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

49 Algoma Street Basement, Toronto, ON M8Y 1C4

1 bed · 1 bath · 1 kitchen · 2 rooms · 700-1100 sq ft · Laundry: In Kitchen · Detached
$1,900

Utilities includedCentral Air Conditioning · Heat · Water

Also includedParking

Nestled In A Quiet Family-Friendly Neighborhood In Mimico, 1 Bedrooms 1 Bathroom Basement Apartment With Cozy Open Concept . Well Maintained, Very Convenient Location, Steps To Sanremo Bakery, School, Park, Lake And Go Train, Minutes' Drive To Costco, Ikea, Toronto Downtown, Humber College, Community Center, Sherway Gardens, Shopping & Transit , Walking distance to Elementary and secondary schools.

MLS number
W13526826
Type
Detached
Status
Active
Bedrooms
1
Bathrooms
1
Postal code
M8Y 1C4
Photos
11
Laundry
In Kitchen
69days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to the building rather than the unit — every unit in a tower shares one coordinate.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

George R Gauld Junior School7.3 / 10
Elementary · Regular Track
TDSB boundary
Lakeshore Collegiate Institute5.9 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Oak LearnersElementary414 mNot reported
Oak LearnersElementary424 mNot reported
St Louis Catholic School
Toronto CDSB
Elementary624 m7.7 / 10
77% met the standard
Behaviour Innovations, Children's CollegElementary740 mNot reported
St Leo Catholic School
Toronto CDSB
Elementary783 m8.3 / 10
83% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Detached houses in Mimico102 leases over the last five years.

Median rentWhat comparable units actually leased for
$2k/mo$3k/mo$4k/mo20252026this home’s asking price
$3k/molatest quarter · hover to read any
Leased vs askingAbove 100% means bidding wars were normal
98%99%100%20252026the asking price
100%latest quarter · hover to read any
Days to leaseMedian days on market before the deal closed
-1d20d40d20252026
18dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the leases that closed in that quarter among detached houses in mimico. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 446 people.

$81,000Median household income
57.1%Own their home
46.2%Detached houses
39.6Median age
39.8%Born outside Canada
37.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35204678 — the few blocks around this address, home to 446 people. It describes the area, not this property.

446Population
39.8Average age
2.3Household size
$96,000Average household income
$81,000Median household income
57%Own their home
43%Rent
11%Condominiums
40%Born outside Canada
37%University degree
$1,100,000Average home value
9%Low income
43%Not in the labour force
31%Never married
$10,000 to $14,9992%
$20,000 to $24,9992%
$25,000 to $29,9992%
$30,000 to $34,9994%
$35,000 to $39,9994%
$45,000 to $49,9994%
$50,000 to $59,9998%
$60,000 to $69,9994%
$70,000 to $79,9996%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over29%
$100,000 to $124,9996%
$125,000 to $149,9998%
$150,000 to $199,9998%
$200,000 and over8%

Percentages are of the 260 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

What’s being built nearby

Planning applications within 500 m — 7 still in progress.

464 ROYAL YORK RD473 m
Under Review · applied December 18, 2025

Proposed redevelopment of the subject property with a 12-storey apartment building containing 112 purpose-built rental apartment dwelling units.

City planning file →
2-4 MENDOTA RD144 m
OMB Appeal · applied December 20, 2024

Proposal to amend the Official Plan and Zoning By-law to permit a 4-storey (15.2 metre) tall self-storage facility with a gross floor area of 11,168.26 square metres, 31 at-grade parking spaces and 3 truck loading bays.

City planning file →
10 AUDLEY ST435 m
Under Review · applied July 5, 2024

Proposed mixed-use building containing 1,058 units, 23-storey and 27-storey towers atop a nine-storey base building.

City planning file →
10 AUDLEY ST435 m
Under Review · applied July 4, 2024

Proposed 40-storey, 123 metre, mixed-use building containing 413 residential units.

City planning file →
25 AUDLEY ST477 m
Under Review · applied November 8, 2021

Draft Plan of Subdivision application to consolidate the lands into one block for development purposes and to create a new block for conveyance for public parkland purposes as part of a land exchange agreement with property owners in Blocks D and E of the Mimi…

City planning file →
25 AUDLEY ST477 m
Under Review · applied November 5, 2021

Site Plan Control application to permit a 25-storey mixed use building with an 8-storey podium at 25 Audley Street. The proposed total gross floor area of the development is 32,498 m2, of which 30,438 m2 is for residential use and 2,060 m2 is for non-residenti…

City planning file →
10 AUDLEY ST435 m
Under Review · applied June 18, 2021

Draft Plan of Subdivision in order to establish two mixed use development blocks (Blocks 1 and 2), two park blocks (Block 3 and 4) and a road widening (Block 5) for the extension of Newcastle Street.

City planning file →
464 ROYAL YORK RD473 m
Closed · applied February 9, 2024

An application to amend the Official Plan and Zoning By-law to permit the redevelopment of the property with a 12-storey purpose built rental apartment building containing 113 residential dwelling units. A total of 55 parking spaces are proposed.…

City planning file →
What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by CITYSCAPE REAL ESTATE LTD.. Listing data provided by the Toronto Regional Real Estate Board.