40 Morse St
South Riverdale, Toronto, Ontario M4M 2P6
- Bedrooms
- 3+1
- Bathrooms
- 3
- Size
- 1,100–1,500sq ft
- Per sq ft
- $1,230at the range’s middle
- Lot
- 18 x 129 ft
- Tax a year
- $6,1312026 tax year
- Parking
- 1none
- Days on market
- Members
The brief
About 40 Morse St
40 Morse St is a 3+1-bedroom, 3-bathroom semi-detached house in South Riverdale, Toronto, listed for sale at an asking price of $1,599,000 (MLS® E14143004).
Contemporary urban living on a serene and picturesque tree-lined street in the heart of Leslieville. Turnkey sophistication meets refined style in this beautifully renovated 3+1 bedroom, 3 bathroom red brick semi, showcasing exceptional curb appeal, a welcoming front porch with sleek glass railings & thoughtfully curated modern finishes throughout. The light-filled, open-concept living & dining areas feature a striking staircase with glass railings, creating an airy, design-forward aesthetic further illuminated by a skylight. The sleek chef-inspired kitchen features a centre island, stainless steel appliances, quartz countertops & ample storage including pantry closet. The generous centre island anchors the space, offering breakfast bar seating for casual dining & entertaining. The kitchen flows seamlessly into the adjoining family room overlooking the rear deck w/a walk-out to the gardens. A rare main-floor powder room adds everyday convenience & an entry closet in the foyer completes this space. Upstairs, the spacious primary retreat features a charming window seating area (or desk alcove) & wall-to-wall built-in closet storage. The 2nd bedroom has a walkout to a sundeck w/glass railings & glimpses of the CN Tower & skyline views, while the 3rd bedroom provides the flexibility to serve as a bedroom, nursery or stylish home office. A spacious 2nd floor bathroom featuring a double-sink vanity & a shower/bathtub combination w/glass doors + an oversized linen closet completes this level. The lower level offers an inviting additional retreat to unwind, featuring a recreation room (or guest bedroom), dedicated desk alcove, 3-pc bathroom, convenient laundry area & mechanical room w/storage. Step outside to your private, fully fenced urban oasis, complete w/spacious wrap around deck, gas BBQ hookup & convenient laneway parking w/an automated "roll up" garage door. A stylish, move-in-ready home that perfectly balances modern design, urban convenience & comfortable living.
Insights
Condition Score
Good78/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall11/100−$3,856/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 43 semi-detached homes with 4 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $6,131 / 2026
- MLS® number
- E14143004
- Board
- TRREB MLS®
- Property Type
- Semi-Detached
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 18 x 129 ft
- Listed on
- Parking
- None, 1 Parking
Property details
Property
- Property Type
- Semi-Detached
- Style
- 2-Storey
- Community
- South Riverdale
- Municipality
- Toronto
Building
- Size
- 1100-1500 sqft
- Construction
- Brick
Inside
- Bedrooms
- 3+1
- Bathrooms
- 3
- Bathroom Details
- 1 × 2pc Main, 1 × 5pc 2nd, 1 × 3pc Lower
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Driveway
- Lane
- Garage Type
- None
- Additional Parking
- 1
- Total Parking
- 1
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 18 ft
- Depth
- 129 ft
- Lot Size
- 18 x 129 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Ideally situated just steps to Queen Street's vibrant shops, cafes & restaurants, the Mayfair Fitness Club, and the stunning Port Lands waterfront featuring Biidaasige Park which is a 15 minute walk or quick bike ride along the brand new dual pedestrian and bicycle lanes on Lakeshore Blvd. Quick access to the DVP. Steps to The Morse St Playground and a short walk to Morse Street Junior PS. Easy access to downtown, highways, bike trails and the beach. INCLUSIONS: Kitchen Aid refrigerator, Kitchen Aid gas stove/oven, Panasonic microwave, Vesta range hood, Bosch dishwasher, Samsung washer and dryer, Automated "roll up" garage door, garden shed, all window coverings, all electric light fixtures, Lutron Caseta Smart dimmers, Kocam front door camera system.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Foyer | 0.88 × 2.15 m | 2 Pc Bath, Closet, Pot Lights | Main |
| Living | 3.53 × 7.46 m | Open Concept, Picture Window, hardwood floor | Main |
| Dining | 3.53 × 7.46 m | Open Concept, Combined W/Living, Pot Lights | Main |
| Kitchen | 3.32 × 4.9 m | Renovated, Centre Island, Breakfast Bar | Main |
| Family | 2.71 × 2.71 m | Large Window, Sliding Doors, W/O To Deck | Main |
| Primary | 4.36 × 4.42 m | W/W Closet, Large Window, hardwood floor | 2nd |
| 2nd Br | 3.02 × 3.32 m | W/O To Deck, West View, hardwood floor | 2nd |
| 3rd Br | 2.74 × 2.84 m | hardwood floor, Window, Pot Lights | 2nd |
| Bathroom | 2.74 × 2.76 m | 5 Pc Bath, Double Sink, Soaker | 2nd |
| Rec | 3.83 × 6.9 m | Laminate, Window, Combined W/Laundry | Lower |
| Bathroom | 1.77 × 2.5 m | 3 Pc Bath, Quartz Counter, Ceramic Floor | Lower |
Listing history
Buy/sell history for 40 Morse St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,599,000 | N/A | For Sale | E14143004 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $319,800
- Total mortgage amount
- $1,279,200
- Total interest payment
- $909,300
- Total purchase cost
- $2,508,300
- Mortgage payment
- $7,295/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
62%Monthly carrying cost
$7,806- Rent $3,950
- Shortfall $3,856
Rental income opens at $3,950, the median asking rent of 43 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $28,455
- Toronto municipal land transfer tax
- $28,455
- Total land transfer tax
- $56,910
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $48,435
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,599,000
- $23,980
- Ontario total
- $28,455
Toronto’s municipal tax uses the same brackets at this price, so it adds another $28,455.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 2,322 sq ft216 m²
- Street frontage
- 18 ft5.5 m
- Depth
- 129 ft39.3 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Inside Toronto and Region Conservation Authority’s mapped regulated areaHere the area is drawn from flood hazard, crest of slope, river meander belt, shoreline hazard mapping. Work on the property, such as an addition or grading, may need a permit from Toronto and Region Conservation Authority. It does not mean the house floods.At the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m110 test or monitoring holes also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 23 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 4.7 km4.7 km
- Mapped parcel: about 2,420 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home2
- Nearest rail line: 180 m180 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 4 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is City of Toronto — Eastern And Booth Blocks, 420 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
R (d0.6)By-law
569-2013Municipality
Toronto1 d0.6
Density: floor area is capped at 0.6 times the lot area.
2 Where this is written
Chapter 10, section 10.10 of By-law 569-2013
3 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
8 building permits cleared at this address in the City’s file.
Building Permit Related(MS)Closed
HVAC - Proposal for interior alterations.
Issued July 2, 2025
Building Permit Related(PS)Closed
Plumbing - Proposal for interior alterations.
Issued April 29, 2025
Building Permit Related (DR)Closed
Drain - Proposal for interior alterations.
Issued April 29, 2025
Interior AlterationsClosed
Proposal for interior alterations.
Issued April 28, 2025
Building Permit Related(MS)Closed
HVAC - Proposal to conduct interior alteration to basement, first floor and second floor.
Issued October 30, 2017
Building Permit Related(PS)Closed
Plumbing - Proposal to conduct interior alteration to basement, first floor and second floor.
Issued October 25, 2017
Interior AlterationsClosed
Proposal to conduct interior alteration to basement, first floor and second floor.
Issued October 25, 2017
Back Water Valve (Sewer only)Closed
Install one backwater valve and sump pump.
Issued October 6, 2017
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
65-87 HEWARD AVEOfficial plan or zoning amendmentOMB Appeal
Official Plan Amendment (OPA) to re-designate the subject site from Core Employment Areas to Mixed Use Areas to permit future mixed-use development. The OPA would also introduce a new Site and Area Specific Policy that mandates a minimum of 3,150 square metres of gross floor area dedicated to activities related to film, television, and digital media production.
240 m away120 BOUCHETTE STOfficial plan or zoning amendmentOMB Appeal
Official Plan and Zoning By-law Amendment to permit two towers, 56- and 53-storeys in height, atop a shared podium transitioning in height from 10-storeys at the north up to 12-storeys at the south. A 16-storey component is situated at the northwest corner of the site. The proposal includes 5,000 square metres of Production, Interactive, and Creative (PIC) space, 2,399 square metres of grade related retail, and 120,504 square metres of residential gross floor area, resulting in over 1,700 units of which 6.5% will be provided as Affordable Rental Housing. A singular vehicle access is located from Bouchette Street with loading areas internal to the base building, with vehicle parking provided in two underground levels.
460 m away385 EASTERN AVESite planUnder Review
Site Plan application for the approval of a 48-storey non-residential building (218.55 metres), inclusive of a 6-storey podium, having a gross floor area of 114,586 square metres. A total of 368 vehicle parking spaces and a total of 542 bicycle parking spaces are proposed. Vehicle access is proposed via a private driveway with access on the new Broadview Avenue and New Street E. Access to the underground parking is proposed from New Street E. The application includes a proposed 1000 sqm Privately Owned Publically accessible Space (POPS) along Broadview Avenue.This is Building 1B located in the north west quadrant adjacent to the furutre East Harbour Transit Hub. The East Harbour site is the subject of a Ministerial Zoning Order permitting 1,228,000 sq m of development, including 926,000 sq m of commercial development and 302,000 sq m of residential and is also subject to site specific zoning by-laws 1280-2018 and 1281-2018. This application is related to the subdivision application 16 270078 STE 30 SB which is currently under review by staff.
520 m away375 EASTERN AVESite planUnder Review
Site Plan application for the approval of a 48-storey non-residential building (218.55 metres), inclusive of a 6-storey podium, having a gross floor area of 114,586 square metres. A total of 368 vehicle parking spaces and a total of 542 bicycle parking spaces are proposed. Vehicle access is proposed via a private driveway with access on the new Broadview Avenue and New Street E. Access to the underground parking is proposed from New Street E. The application includes a proposed 1000 sqm Privately Owned Publically accessible Space (POPS) along Broadview Avenue.This is Building 1B located in the north west quadrant adjacent to the furutre East Harbour Transit Hub. The East Harbour site is the subject of a Ministerial Zoning Order permitting 1,228,000 sq m of development, including 926,000 sq m of commercial development and 302,000 sq m of residential and is also subject to site specific zoning by-laws 1280-2018 and 1281-2018. This application is related to the subdivision application 16 270078 STE 30 SB which is currently under review by staff.
530 m away685 LAKE SHORE BLVD EOfficial plan or zoning amendmentOMB Appeal
** Related applications for Zoning By-law Amendment (File No.: 22 204512 STE 14 OZ) and Site Plan Control (File No.: 22 204511 STE 14 SA) are currently under appeal to the Ontario Land Tribunal.** Official Plan Amendment (OPA) filed to address revised proportion of non-residential gross floor area and increased height. This OPA application is expected to be appealed and consolidated with the existing Ontario Land Tribunal hearing for the related Zoning By-law and Site Plan applications.
560 m away685 LAKE SHORE BLVD ESite planAppeal Received
The development will contain approximately 65,156 square metres of gross floor area, inclusive of 50,048 square metres of residential gross floor area, 16,108 square metres of non-residential space and 760 residential units, resulting in a gross density of approximately 6.68 times the existing lot area.
560 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Semi-detached homes for sale in South Riverdale right now
- For sale now
- 20
- Median asking price
- $1.28M
- New in 7 days
- 3
- Price cuts
- 10%
Middle half: $1.16M to $1.41M
11 in 28 days
2 listings
This home is asking 25% above the median, higher than three quarters of them.
See all homes in South RiverdaleAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Chester Station | TTC subway: Line 2 Bloor-Danforth | 2.7 km |
| Pape Station | TTC subway: Line 2 Bloor-Danforth | 2.7 km |
| Broadview Station | TTC subway: Line 2 Bloor-Danforth | 2.8 km |
| Donlands Station | TTC subway: Line 2 Bloor-Danforth | 2.8 km |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 3.4 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Morse Street Junior Public SchoolToronto DSB | Public · grades JK–6 · French Immersion | 450 m | 81%Grade 6 average |
| Bruce Public SchoolToronto DSB | Public · grades JK–8 | 750 m | 76%Grade 6 average |
| St Joseph Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 1.3 km | 78%Grade 6 average |
| ÉÉC du Bon-BergerConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 1.8 km | — |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Eastdale Collegiate InstituteToronto DSB | Public · grades 9–12 | 1.3 km | — |
| Riverdale Collegiate InstituteToronto DSB | Public · grades 9–12 | 1.6 km | 77%Grade 9 math |
| St Martin Catholic School (St.Martin)Toronto CDSB | Catholic · grades 9–12 | 2.4 km | — |
| École secondaire Michelle-O'BonsawinConseil scolaire Viamonde | French-language public · grades 9–12 | 2.8 km | 79%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Recently sold nearby
Sold prices in South Riverdale are shown to signed-in members.