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Investment signal

$1,269,000

43 LINELLE STREET

Save this home

Beds

6

Baths

3

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (Lansing-Westgate). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to this spacious, beautifully maintained 3+3 bedroom, 3 full bathroom brick home in the highly sought-after and ultra-convenient Lansing neighbourhood. Just steps to Yonge Street and a short walk to the subway, this home is perfectly tucked away on a quiet, desirable street. Filled with natural light, the main level features a fully renovated open-concept kitchen with high-end stainless steel appliances, including a gas range, dual undermount sinks, a quartz centre island, and matching quartz backsplash. The kitchen overlooks the living and dining areas, highlighted by elegant wall paneling and a bay window that floods the space with light. A versatile office or fourth bedroom walks out to a stunning deck and newly built rear patio - ideal for entertaining. The main floor also offers three well-sized bedrooms, a renovated 3-piece bathroom, and a separate family/TV room for added comfort and flexibility. The finished basement, with its own separate entrance, includes a fully self-contained suite featuring a kitchen, two bedrooms, a 3-piece bathroom, and dedicated laundry, perfect for rental income or extended family. The primary bedroom in the lower level boasts a walk-in closet and private 4-piece ensuite. Additional highlights include two separate laundry areas (for owner and tenant use), updated electrical and plumbing, a new roof (2023), hardwood flooring on the main level, laminate in the basement, pot lights throughout, new doors, and a beautifully updated backyard with deck and patio. A detached garage/storage space adds both convenience and charm. This bright, spacious home offers incredible versatility, thoughtful upgrades, and endless potential, all in one of the area's most desirable locations. Don't miss this opportunity! (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
Lansing-Westgate
Common interest
Freehold
Lot dimensions
30.5 x 120.2 FT
Bedrooms
3 above grade, 3 below grade
Parking
4 total
Stories
1
On market
Apr 22, 2026
Status changed
Apr 22, 2026
Annual tax
$5,783.85
Photos
30
MLS#
C13032042
Area
TORONTO_(LANSING-WESTGATE)

Features and systems

Parking

Detached GarageGarage

Basement

FinishedFullSeparate entranceN/AN/A

Appliances

WasherRefrigeratorDishwasherStoveDryerHood FanGarage door openerGarage door opener remote(s)Water Heater

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Lot

In-Law Suite

Community

Community Centre
Negative cash flow ~$1,359/mo at these assumptions

Cash on cash

-6.43%

Cap rate

3.58%

GRM

16.7

Break-even rent

$7,781

Financing

Down payment$253,800
Loan amount$1,015,200
Mortgage$5,144/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$582
Insurance$80
Maintenance$1,058
CapEx reserve$529
Vacancy loss$318

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $5,144/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 22, 2026.

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