Listed for:Listed 8 days ago
$799,000

56 Commonwealth Avenue

Scarborough (Kennedy Park), ON M1K 4K2

Detached House For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 56 Commonwealth Avenue, Scarborough, Kennedy Park

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 56 Commonwealth Avenue, Scarborough, Kennedy Park

Summarized Description

  • Detached bungalow on a generous 40 x 137.5 ft lot.
  • Excellent potential for renovation or redevelopment.
  • Separate side entrance leads to the basement.
  • Spacious recreation room and workshop included.
  • Private driveway with parking for up to 4 cars.
  • Deep backyard offers ample outdoor space.
  • Convenient location near TTC and Kennedy GO Station.
  • Great investment opportunity in an established neighbourhood.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,522
Land Transfer Tax Fee
$24,910

Basement Type
None

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
40.00 ft
Lot Depth
137.68 ft

Inclusions

Inclusions
Property being sold in as-is condition.

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
3
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
2
Washrooms
1
Kitchens
1

Room sizes

  • Dining Room—
    Main level, Broadloom, Window
  • Living Room—
    Main level, Large Window, Crown Moulding, Combined w/Dining
  • Kitchen—
    Main level
  • Bedroom 4—
    Lower level, Broadloom
  • Bedroom 2—
    Main level, Broadloom, Window, Closet
  • Room—
  • Bedroom 3—
    Main level, Hardwood Floor, Window, Closet
  • Primary Bedroom—
    Main level, Broadloom, Window, Closet
  • Laundry—
    Main level, B/I Appliances
  • Family Room—
    Main level, Broadloom, Window, W/W Fireplace
  • Great Room—
    Main level, Broadloom, Window

Washrooms

  • 3-piece, Main

Municipality
Scarborough
Neighbourhood
Kennedy Park
Main cross streets
Midland Ave & Eglinton Ave
Directions
East of Midland

MLS® number
E14029452
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-13
Updated on
2026-10-13
Days on market
8 days
Possession type
Flexible
Co-op commission
2.5%+HST
Seller
Listed by
REMAX YOUR COMMUNITY REALTY

Home Market Value

Current home valuation for 56 Commonwealth Avenue, Scarborough, Kennedy Park, Scarborough, ON. Listed for $799,000

HOMEH Estimate

?

$743,081

Estimated Sales Range

?

$445,849 - $1,040,313

HOMEH Estimate for 56 Commonwealth Avenue, Scarborough, Kennedy Park

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$743,081Low confidence
Based on 3 comparable properties
+ $55,919 (8%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Scarborough, ON
Minimum Down Payment Required:6.9%

5% on first $500K + 10% on $299,000 over $500K

Minimum down payment

$54,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$29,755$22,292$19,016$0
=Total mortgage
$773,624$741,392$698,166$639,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,777monthly$3,620monthly$3,409monthly$3,121monthly
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Land Transfer Tax

Provincial

$12,455

Municipal (Toronto)

$12,455

Total Land Transfer Tax

$24,910

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