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For saleMLS® E14029452

56 Commonwealth Avenue, Toronto, ON M1K 4K2

Kennedy Park · E04 · M1K 4K2

$799,000

$1,141 / sq ft

3 weeks on market

Bedrooms
2
Bathrooms
1
Interior
700 sf
Parking
4
Lot
40 × 137.68 ft

What's special

  • Detached garage
  • Central air

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About this property

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.

Rooms

11 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Living RoomMain3.66 × 3.78 m12.0 × 12.4 ftLarge Window · Crown Moulding · Combined w/Dining
KitchenMain3.66 × 2.74 m12.0 × 9.0 ft—
Dining RoomMain4.88 × 3.51 m16.0 × 11.5 ftBroadloom · Window
Primary BedroomMain3.44 × 3.20 m11.3 × 10.5 ftBroadloom · Window · Closet
Bedroom 2Main3.35 × 3.20 m11.0 × 10.5 ftBroadloom · Window · Closet
Bedroom 3Main3.35 × 2.23 m11.0 × 7.3 ftHardwood Floor · Window · Closet
Great RoomMain6.40 × 4.47 m21.0 × 14.7 ftBroadloom · Window
Family RoomMain6.70 × 3.35 m22.0 × 11.0 ftBroadloom · Window · W/W Fireplace
LaundryMain3.96 × 2.28 m13.0 × 7.5 ftB/I Appliances
Bedroom 4Lower3.35 × 3.20 m11.0 × 10.5 ftBroadloom
Room——

Features

  • None

Property details

Property

Property type
detached
Bedrooms
2
Bathrooms
1
Interior size
700 sq ft
Lot size
40 × 137.68 ft
Possession
TBA

Interior

Heating
Forced Air · Gas
Cooling
Central Air
Exposure
West

Exterior & services

Construction
Brick
Garage
Detached
Parking spaces
4
Sewer
Sewer

Costs

List price
$799,000
Property taxes
$3,522 / year (2026)
Price per sq ft
$1,141

Listing

MLS® number
E14029452
Status
For sale
Listed
October 13, 2026
Days on market
22
Last updated
October 13, 2026
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 7% of comparable detached listings in Kennedy Park are asking less.

$820KMedian $950K$1.38M
This home
$1,141 / sq ft
Comparable median
$864 / sq ft

Based on 15 comparable active detached listings in Kennedy Park. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.9% · minimum $54,900
$54,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$4,114.26
Property tax (est.)
$293.50
Estimated monthly
$4,408

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$12,455
Toronto municipal
$12,455
Total due on closing
$24,910

An estimate on the asking price of $799,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of REMAX YOUR COMMUNITY REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$799,000

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