MLS® listing
40 Morse Street: semi-detached house for sale
$1,479,000
From the listing brokerage
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.
Facts on the listing
| Square feet | 1100-1500 |
|---|---|
| Style | 2-Storey |
| Basement | Finished |
| Lot width | 17.5 |
| Lot depth | 129 |
| Lot measured in | Feet |
| Faces | West |
| Parking spaces | 1 |
| Garage | None |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Rooms | 11 |
| Property tax | $6,131 |
| Tax year | 2026 |
| Parking | Lane |
| Interior features | Auto Garage Door Remote |
| Features | Beach, Fenced Yard, Lake/Pond, Park, School, Public Transit |
Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED. MLS® E14118664.
About this semi-detached house
40 Morse Street is a 4 bedroom semi-detached house in TRREB's South Riverdale community in Toronto, listed for sale at $1,479,000. The listing shows 3 bathrooms and 1100-1500 square feet. The style is given as 2-storey. The lot is listed as 17.5 by 129 feet. The listing gives the basement as finished. It comes with 1 parking space according to the listing. The nearest main intersection given is Carlaw & Queen.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 40 Morse Street
At the asking price of $1,479,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $1,479,000 |
|---|---|
| Ontario land transfer tax | $26,055 |
| Toronto municipal land transfer tax | $26,055 |
| Both taxes | $52,110 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $122,900 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2026) | $6,131 a year, about $511 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
How the asking price compares
TRREB recorded 159 semi-detached house sales in the City of Toronto in August 2026, at a median price of $981,000 and an average of $1,110,639. This home is listed at $1,479,000, which is $498,000 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as forced air.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 17.5 by 129 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the street and the homes beside it.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
About Riverdale
Two TRREB communities east of the Don River, with four Line 2 stations along the north edge and four streetcar routes running east and west. Semi-detached houses are the largest single group of sales.
Transit: Line 2 Bloor Danforth at Broadview, Chester, Pape and Donlands stations; 501 Queen, 504 King, 505 Dundas and 506 Carlton streetcars; 72 Pape bus
| Property type | Median | Sales and average |
|---|---|---|
| North Riverdale: all property types | $1,799,000 | 37 sales, average $1,864,965 |
| North Riverdale: semi-detached | About $1,780,000 | 26 sales, average about $1,829,000 |
| North Riverdale: detached | About $2,400,000 | 8 sales, average about $2,303,000 |
| South Riverdale: all property types | $1,257,500 | 122 sales, average $1,247,653 |
| South Riverdale: detached | About $1,805,000 | 17 sales, average about $1,856,000 |
| South Riverdale: semi-detached | About $1,464,000 | 40 sales, average about $1,441,000 |
| South Riverdale: freehold townhouse (TRREB att/row/townhouse) | About $1,297,000 | 23 sales, average about $1,404,000 |
| South Riverdale: condo townhouse | About $705,000 | 11 sales, average about $834,000 |
| South Riverdale: condo apartment | About $605,000 | 31 sales, average about $696,000 |
Source: TRREB community housing market reports, as set out in the guide.
Questions about Riverdale
Is Riverdale a good place to live?
On transit and housing choice it covers a lot of ground. There are four Line 2 stations and four streetcar routes and from April to June 2026 South Riverdale alone recorded sales in every property type from condo apartments near $605,000 to detached houses near $1,805,000 (TTC, TRREB).
What is the difference between North and South Riverdale?
TRREB reports them separately. From April to June 2026 North Riverdale had 37 sales at a median of $1,799,000, mostly semi-detached houses, while South Riverdale had 122 sales at a median of $1,257,500 across a wider mix that includes condos.
How much is a semi-detached house in Riverdale?
From April to June 2026 the semi-detached median was about $1,780,000 across 26 sales in North Riverdale and about $1,464,000 across 40 sales in South Riverdale (TRREB). These are chart readings, so treat them as approximate.
How many subway stops is Riverdale from Union station?
From Broadview station it is 3 stops west on Line 2 to Bloor-Yonge, then 6 stops south on Line 1 to Union, 9 stops in all (TTC map).
Is Riverdale a heritage conservation district?
Part of it is. The City of Toronto designated the Riverdale heritage conservation district in 2008 and says it contains some of the earliest properties on the east side of the Don River. Check whether a specific address falls inside it before planning exterior changes.
Are there condos in Riverdale?
Mostly in South Riverdale, which had 31 condo apartment sales and 11 condo townhouse sales from April to June 2026. North Riverdale recorded 1 condo apartment sale in the same period (TRREB).
Read the Riverdale neighbourhood guide · All Riverdale homes for sale
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Questions about 40 Morse Street
How much is land transfer tax on 40 Morse Street?
At the asking price of $1,479,000 the Ontario tax is $26,055 and the Toronto tax is $26,055, $52,110 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 40 Morse Street?
$122,900 at the asking price of $1,479,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 40 Morse Street?
The listing shows $6,131 a year for 2026, about $511 a month.
Is 40 Morse Street priced above or below the median?
It is listed at $1,479,000. The August 2026 median for semi-detached house sales in the City of Toronto was $981,000 across 159 sales, so the asking price is $498,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 40 Morse Street?
Use the form on this page or call us. Quote MLS® E14118664. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 40 Morse Street still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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