18 Albani Street, Toronto, ON
Mimico, Toronto · MLS® W13833034
About this home
In short
- Welcome to 18 Albani Street, a charming semi-detached home tucked into a welcoming, community-minded pocket of Mimico.
- Offering 3+1 bedrooms, 2 bathrooms and flexible living space across multiple levels, this home combines character, functionality and an exceptional location.
- TTC is just steps away, while Mimico GO Station is approximately a 10-minute walk, with a quick ride into Union Station.
Welcome to 18 Albani Street, a charming semi-detached home tucked into a welcoming, community-minded pocket of Mimico. Offering 3+1 bedrooms, 2 bathrooms and flexible living space across multiple levels, this home combines character, functionality and an exceptional location. The bright kitchen and dining area offers an easy flow for both everyday living and entertaining, with plenty of space to gather around the table. The lower level provides valuable additional living space with plenty of flexibility for an extra bedroom, home office, gym or recreation area. Above, the attic offers generous storage along with exciting potential to create a loft, studio or additional bedroom. Out back, a private deck and patio extend the living space outdoors, ideal for summer dining, morning coffee and relaxed evenings. The location is a standout. TTC is just steps away, while Mimico GO Station is approximately a 10-minute walk, with a quick ride into Union Station. Head south and you'll reach the lake and Martin Goodman Trail within minutes, while Second Street Junior Middle School is just a short stroll away. A welcoming Mimico home offering flexible space, neighbourhood character and convenient access to the lake, transit, schools and downtown Toronto.
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- W13833034
- Bedrooms
- 3+2 (5 total)
- Bathrooms
- 2
- Size
- 1500-2000 sq ft
- Lot
- 22.5 × 125 ft
- Cross streets
- Royal York / Lakeshore
- Parking
- 1 parking
- Driveway
- Mutual
- Basement
- Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Brick
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,458 / 2026
- Days on market
- 2
- Listing brokerage
- SUTTON GROUP QUANTUM REALTY INC.
Rooms
combined w/dining · breakfast bar · pot lights
hardwood floor · closet
combined w/kitchen · walk-out · skylight
b/i bookcase · gas fireplace · hardwood floor
hardwood floor · closet
hardwood floor · closet
Closet
Listed at $799,000, about 21% below our estimate of $1.02M (homes like it typically land between $952K and $1.06M).
Total price vs nearby homes. Fair value about $1.02M, learned from recent GTA sales.
The market behind the math:
Price per square foot: this home lists at $457/sqft against an area asking average of $788/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.05M. Condition and finishes remain an in-person call.
Schools & getting aroundcatchment and transit
The assigned public school is Second Street Junior Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Mimico, so I widened the search to the surrounding area.
Based on 6 comparable homes that sold in Mimico over the past two years, from 13 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $1.02M, which is where my estimate comes from.
Per square foot, these ask about $737/sqft; this home lists at $457/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Mimico, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Also nearby: 8 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of September 30, 2026); conventional rates run a little higher.
Mortgage amount $639,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,534
- Property tax
- $372
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,906
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,455
- Toronto municipal land transfer tax
- $12,455
- Estimated closing costs
- $24,910
Plus your down payment of $159,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $212,055
- Principal paid down
- $78,098
- Interest paid
- $133,956
- Balance remaining
- $561,102
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 5 whole-home leases in Mimico signed at a median of $4,000 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,100. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP QUANTUM REALTY INC.. MLS®/PropTx.