
56 Elma Street
Etobicoke (Mimico), ON M8V 1X8
- 4Bedrooms
- 5Bathrooms
- 1Garage
- 2500–3000Sq Ft
- $7,963Tax
- 32×125 ftLot Size
- Estimated Value:$2,443,055See Free Estimate Report

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About 56 Elma Street, Etobicoke, Mimico
Summarized Description
- Located in sought-after South Mimico community
- Modern minimalist design with natural light
- Four spacious bedrooms including luxurious primary retreat
- Finished lower level with walk-out to backyard
- Private landscaped backyard for entertaining
- Close to Lake Ontario and vibrant waterfront
- Excellent schools and local amenities nearby
- Urban convenience with easy transit access
Welcome to 56 Elma Street, a beautifully designed residence in the heart of South Mimico, one of Toronto's most sought-after lakeside communities. Showcasing modern minimalist design, this four-bedroom home offers sophisticated living spaces, exceptional functionality, and an unbeatable waterfront lifestyle. With natural light throughout the day, the main floor open-concept layout flows seamlessly into a spectacular loft-inspired living room with dramatic ceiling heights and cozy fireplace, creating an inviting gathering space. A sleek designer kitchen with premium appliances, custom cabinetry, and refined finishes serves as the heart of the home. Just as you head to the second level, a few steps above the main level, you'll find a separate family room. Upstairs, four spacious bedrooms provide comfort and privacy for the whole family, including a luxurious primary retreat featuring a 5 pc ensuite and generous closet space. The finished lower level offers valuable additional living space with a walk-out to the backyard, making it ideal for a recreation room, home office, gym, or guest suite. Outside, the private landscaped backyard creates a serene setting for entertaining, relaxing, and enjoying warm summer evenings. Located just moments from the shores of Lake Ontario, South Mimico offers a unique blend of urban convenience and waterfront living. Enjoy scenic trails, parks, marinas, and the vibrant Humber Bay waterfront, while remaining minutes from downtown Toronto via GO Transit, TTC, and the Gardiner Expressway. Excellent schools, local cafes, restaurants, and neighbourhood amenities further enhance the appeal of this exceptional community.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $7,963
- Land Transfer Tax Fee
- $72,750
- Basement Type
- Finished, Separate Entrance, Walk-Out
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Fenced Yard, Hospital, Library, Park, Public Transit, School
Building
- Building Type
- Detached
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Stucco (Plaster)
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 31.50 ft
- Lot Depth
- 125.00 ft
- Lot Size
- 31.05 x 125.00 Feet
- Lot Size Code
- 31.05 x 125.00 Feet
Inclusions
- Inclusions
- Fridge, Stove, Hood-range, Dishwasher, Washer, Dryer, All Electrical Light fixtures, All Existing Window Coverings.
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 1
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 5
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4
- Washrooms
- 5
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Den2.95 x 3.80Lower level
- Living Room4.58 x 3.24Main level, Fireplace, Hardwood Floor, Pot Lights
- Dining Room4.58 x 3.25Main level, Hardwood Floor, Pot Lights
- Kitchen3.85 x 2.76Main level, Centre Island, B/I Appliances
- Family Room—Main level, Hardwood Floor
- Primary Bedroom4.03 x 2.76Second level, Hardwood Floor, Walk-In Closet(s), 5 Pc Ensuite
- Bedroom 23.05 x 2.85Second level, Hardwood Floor, Closet, Window
- Bedroom 32.21 x 2.46Second level, Hardwood Floor, Closet, Window
- Bedroom 44.84 x 2.47Second level, Hardwood Floor, Closet, Window
- Recreation—Lower level, Walk-Out, Large Window
Washrooms
- 5-piece, Second
- 4-piece, Second
- 2-piece, Main
- 3-piece, Lower
- Area
- Toronto W06
- Municipality
- Etobicoke
- Neighbourhood
- Mimico
- Main cross streets
- Royal York & Lakeshore
- Directions
- Royal York & Lakeshore
- MLS® number
- W13430536
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-07-18
- Listed on
- 2026-06-11
- Days on market
- 37 days
- Possession type
- Flexible
- Co-op commission
- 2.5%
- Seller
- Listed by
- KELLER WILLIAMS REFERRED URBAN REALTY
Home Market Value
Current home valuation for 56 Elma Street, Etobicoke, Mimico, Etobicoke, ON. Listed for $1,995,000
HOMEH Estimate
$2,443,055
Estimated Sales Range
$1,710,139 - $3,175,972
HOMEH Estimate for 56 Elma Street, Etobicoke, Mimico
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$399,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,596,000 | $1,496,250 | $1,396,500 | $1,296,750 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $7,792monthly | $7,305monthly | $6,818monthly | $6,331monthly |
Land Transfer Tax
$36,375
$36,375
$72,750
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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