Gurvinder Nokwal REALTOR®
For Sale Detached 5 days on market

$799,000

Est. payment $3,538/moCalculate yours

56 Commonwealth Avenue, Toronto, ON M1K 4K2

Kennedy Park, Scarborough, ON M1K 4K2

  • 2 Beds
  • 1 Baths
  • 1 Garage
  • 700 Sq Ft
Map

Listing courtesy of REMAX YOUR COMMUNITY REALTY MLS® E14029452

About this home

Great Opportunity for Renovators, Investors, and Builders! Situated on a generous 40 x 137.5 ft lot in a convenient location, this 2-bedroom detached bungalow offers excellent potential for renovation, expansion, or redevelopment. Features include a separate side entrance to the basement, a spacious recreation room, workshop, laundry area, a detached garage, and a private driveway with parking for up to 4 cars. Deep backyard with plenty of outdoor space. Walking distance to TTC, Kennedy GO Station, parks, schools, shopping, and other amenities. Great opportunity to invest in a desirable and established neighbourhood. Property being sold in as-is condition.

Property details

Overview

Property Type
Detached
Style
Bungalow
For
For Sale
Status
New
Size
700 sqft

Interior

Bedrooms
2
Bathrooms
1
Kitchens
1
Basement
None

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
40 x 137.68 Feet
Parking
Detached garage · 4 total

Financial

Property Taxes
$3,522 (2026)

Location

Neighbourhood
Kennedy Park
Cross Street
Midland Ave & Eglinton Ave
Direction Faces
West

Listing

MLS® Number
E14029452
Days on Market
5
Listed On
2026-10-13
Possession
TBA
Listed By
REMAX YOUR COMMUNITY REALTY

Rooms

Room Level Dimensions
Dining Room Main 16′ 0″ × 11′ 6″
Bedroom 2 Main 11′ 0″ × 10′ 6″
Kitchen Main 12′ 0″ × 9′ 0″
Primary Bedroom Main 11′ 3″ × 10′ 6″

Features

Interior

  • None

Pool

  • None
Included
Property being sold in as-is condition.

Mortgage calculator

Minimum for this price: $54,900 (6.87%)

Amortization, years

Estimated mortgage payment

$3,538 per month

Principal and interest
$3,538
Property tax
$293
Estimated monthly cost
$3,831

Your mortgage

Mortgage amount
$639,200
Mortgage insurance
Not needed
Interest over 25 years
$422,140

Cash to close

Down payment
$159,800
Land transfer tax (Ontario + Toronto)
$24,910
Total, before legal fees
$184,710
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

56 Commonwealth Avenue, Toronto, ON M1K 4K2 Kennedy Park, Scarborough, ON M1K 4K2
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$799,000 56 Commonwealth Avenue, Toronto, ON M1K 4K2
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