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43.73° N · 79.40° W — Toronto & nearby · 9,710 homes for sale today43.73° N · 79.40° W — 9,710 homes today(647) 554-7436Saved

43.7306° N · 79.2553° W — Kennedy Park, Toronto — MLS® #E14029452

56 Commonwealth Ave

$799,000

Kennedy Park, Toronto, Ontario M1K 4K2

2
BedroomsBeds
1
BathroomsBaths
700-1100 sqft700-1100
SizeSq ft
40 x 137.68 ft
Lot sizeLot

Inquire about this listing

ToShemeer AhmadVALERY REAL ESTATE INC.
Or call Shemeer Ahmad(647) 554-7436

In short · from the listing record

56 Commonwealth Ave is a 2-bedroom, 1-bathroom detached house in Kennedy Park, Toronto, listed for sale at an asking price of $799,000 (MLS® E14029452).

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.

Listing readings

How it measures up

Scores from the listing record and the market around it.

  • 68Good

    Condition score

    6 condition-related facts documented

    Listing age, structured features and disclosed update language; not an inspection.

  • 11Shortfall

    Cash flow quality

    −$1,939/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Median of 452 detached homes with 2 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 data table

Every fact

Everything the board publishes for this home.

Tax
$3,522 / 2026
MLS® number
E14029452
Board
TRREB MLS®
Property Type
Detached
Time on market
Size
700-1100 sqft
Lot Size
40 x 137.68 ft
Listed on
Parking
1 Detached, 4 Parking

Listing history

Listing activity for 56 Commonwealth Ave, Toronto, Ontario

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$799,000N/AFor SaleE14029452

Inside

Room by room

From the listing.

Main4 rooms
  • Kitchen2.74 × 3.66 m
  • Dining3.51 × 4.88 mBroadloom, Window
  • Primary3.2 × 3.44 mBroadloom, Window, Closet
  • 2nd Br3.2 × 3.35 mBroadloom, Window, Closet

Property

Property Type
Detached
Style
Bungalow
Community
Kennedy Park
Municipality
Toronto

Building

Size
700-1100 sqft
Construction
Brick

Inside

Bedrooms
2
Bathrooms
1
Bathroom Details
1 × 3pc Main
Basement Type
None
Kitchens
1

Parking

Driveway
Available
Garage Type
Detached
Garage
1
Additional Parking
3
Total Parking
4

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
40 ft
Depth
137.68 ft
Lot Size
40 x 137.68 ft

Where it sits

The street and the area

Asking prices on the map.

Map and tour

Transit nearby

StationLinesDistance
Kennedy StationTTC subway: Line 2 Bloor-DanforthTTC light rail: Line 5 EglintonGO Transit train: Stouffville700 m
Ionview StationTTC light rail: Line 5 Eglinton1.3 km
Scarborough GOGO Transit train: Lakeshore East1.5 km
Birchmount StationTTC light rail: Line 5 Eglinton1.8 km
Eglinton GOGO Transit train: Lakeshore East2.1 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 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.

Around it

Detached in Kennedy Park

Active listings only, today.

Detached homes for sale in Kennedy Park right now

For sale now
17
Median asking price
$940K

Middle half: $849K to $1.05M

New in 7 days
0

6 in 28 days

Price cuts
18%

3 listings

This home is asking 15% below the median, lower than three quarters of them.

See all homes in Kennedy Park

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Site report

What the record says

What the City and the conservation authority have on file for this address.

  • Heritage and ravineNone foundNot found on the Heritage Register
  • Heritage and ravineNone foundNot in a mapped Heritage Conservation District
  • Heritage and ravineNone foundNot in the mapped ravine protection area
  • ZoningRD (f12.0; a464) (x365)Residential Detached zone (RD) · Chapter 10, section 10.20 of By-law 569-2013 · Exception 900.3.10(365)
  • PermitsNone on fileNo building permits on file at this address.
  • Signals nearby3 to note2567 EGLINTON AVE E, Site plan, 450 m away · 260 BRIMLEY RD, Official plan or zoning amendment, 780 m away · 260 BRIMLEY RD, Plan of subdivision, 780 m away
  • ca regulatedNone in rangeNot in Toronto and Region Conservation Authority’s mapped regulated area
  • provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
  • wetlandNone in rangeNo mapped wetland within 120 m
  • aggregateNone in rangeNo licensed pit or quarry within 2 km
  • wellsNone in rangeNo recorded oil, gas or salt well within 250 m
  • railOn recordNearest rail line: 430 m
  • trailOn recordA trail on the Ontario trail network within 1 km
  • permitsOn record33 building permits issued within 250 m in the last 2 years
  • parcelOn recordMapped parcel: about 5,510 sq ft Measured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.
  • water wellsNone in rangeNo water-supply well recorded within 250 m 4 test or monitoring holes also recorded.
  • npriOn record1 facility within 1 km reports pollutant releases to Environment Canada The nearest is TC Chrome (2005) Ltd. — T C Chrome (2005) Ltd, 980 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
  • fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
  • electricityOn recordElectricity is distributed here by Toronto Hydro-Electric System Limited
  • internet speedOn recordWired internet 50/10 Mbps or faster is listed at a household 50 m away Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
  • broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Beanfield Metroconnect, Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Dash Networks, Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.

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.

Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Toronto and Region Conservation Authority or the record’s publisher.

City of Toronto Open Data and zoning map, read at this address. Contains information licensed under the Open Government Licence – Toronto. 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. 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.

Lot

Lot area
5,507 sq ft512 m²
Street frontage
40 ft12.2 m
Depth
137.68 ft42 m
40 × 137.68 ftCOMMONWEALTH AVE

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 transfer tax on this home

Ontario land transfer tax
$12,455
Toronto municipal land transfer tax
$12,455
Total land transfer tax
$24,910
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$16,435
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 $799,000
$7,980
Ontario total
$12,455

Toronto’s municipal tax uses the same brackets at this price, so it adds another $12,455.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools

Nearest schools

Straight-line distances. Check catchments with the board.

ElementaryEQAO average 2024–25

  • Walter Perry Junior Public SchoolToronto DSBPublic · grades JK–667%Grade 6 average450 m
  • Corvette Junior Public SchoolToronto DSBPublic · grades JK–6 · French Immersion58%Grade 6 average700 m
  • St Maria Goretti Catholic SchoolToronto CDSBCatholic · grades JK–8 · French Immersion57%Grade 6 average850 m
  • Académie Alexandre-DumasConseil scolaire ViamondeFrench-language public · grades JK–685%Grade 6 average2 km

SecondaryGrade 9 math 2024–25

  • Caring and Safe School 3Toronto DSBPublic · grades 9–12—250 m
  • St Joan of Arc Catholic AcademyToronto CDSBCatholic · grades 9–1253%Grade 9 math900 m
  • ÉSC Père-Philippe-LamarcheConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–1255%Grade 9 math1.5 km
  • R H King AcademyToronto DSBPublic · grades 9–1260%Grade 9 math1.7 km

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.

Searches this home is in

Keep looking

The ledger

What it costs to own

Worked out for this home. Change any number.

Price$799,000

A month, all in

$3,939

  • Mortgage$3,646
  • Property tax$293

A planning figure, not a quote.

Land transfer tax

$24,910

$16,435 for first-time buyers; Toronto adds its own tax.

Rent, similar homes

$2,000

a month, median asking rent of 452 similar homes in Toronto.

Community

Who lives around it

Similar homes

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Shemeer Ahmad

Shemeer AhmadVALERY REAL ESTATE INC.

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Ask me anything about this home, or what fair looks like nearby.

(647) 554-7436

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