$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
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
Features
Interior
- None
Pool
- None
- Included
- Property being sold in as-is condition.
Mortgage calculator
Estimated mortgage payment
$3,538 per month
- Principal and interest
- $3,538
- Property tax
- $293
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $184,710
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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