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Toronto
$799,000
56 COMMONWEALTH AVENUE, Toronto, M1K4K2
MLS Number: E14029452
Beds
2
Baths
1
Listing
For Sale
Type
Detached
Square Feet
700 - 1,100
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.
Location
56 COMMONWEALTH AVENUE, Toronto, M1K4K2
Nearby Schools
Distances are measured in a straight line from this property.
Caring and Safe School 3
Secondary school · Grades 9-12
Toronto DSB
720 Midland Avenue, Scarborough, Ontario, M1K4C9
Scarborough Centre for Alternative Studi
Secondary school · Grades 9-12
Toronto DSB
720 Midland Avenue, Toronto, Ontario, M1K4C9
South East Secondary Alternative School
Secondary school · Grades 9-12
Toronto DSB
720 Midland Avenue, Toronto, Ontario, M1K4C9
Robert Service Senior Public School
Elementary school · Grades 7-8
Toronto DSB
945 Danforth Rd, Scarborough, Ontario, M1K1J2
Walter Perry Junior Public School
Elementary school · Grades JK-6
Toronto DSB
45 Falmouth Ave, Scarborough, Ontario, M1K4M7
Corvette Junior Public School
Elementary school · Grades JK-6
Toronto DSB
30 Corvette Ave, Scarborough, Ontario, M1K3G2
St Maria Goretti Catholic School
Elementary school · Grades JK-8
Toronto CDSB
21 Kenmark Blvd, Toronto, Ontario, M1K3N8
St Joan of Arc Catholic Academy
Secondary school · Grades 9-12
Toronto CDSB
959 Midland Ave, Toronto, Ontario, M1K4G4
Proximity does not guarantee enrollment eligibility. Verify attendance boundaries and admission requirements with the relevant school board before making a decision.
Estimate Tool
Estimate monthly principal and interest, then add common carrying costs for a clearer planning number.
Down Payment
$159,800
Mortgage Amount
$639,200
Principal + Interest
$3,696 / mo
5-Year Term Payments
$221,751
Estimated Monthly Carrying Cost
$4,346
Includes principal, interest, property tax, condo fees, and heating estimates.
This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.
Helpful Guide
If you are planning a purchase, it helps to understand the buyer process and keep your financing and closing documents organized.
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