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7 days on Market

56 Gage Ave, Toronto, Ontario M1J 1T8

Detached
3
2
- sqft
$999,900
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Detached
3
2
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$4,294/mo

Tax Amount (2024)$3,863/yr

Days On Market7 days


Description

Separate Entrance for In-Law Suite potential. 3 Bed- 2 Bath Bungalow, on a Large Lot In Desirable Bendale Community. Freshly Painted with New Broadloom. Home Features a Carport, Fully Fenced Yard, Open Living & Dining Rm, Family-Sized Eat-in Kitchen, Large Finished Basement With Separate Entrance and Spacious Open-Concept Living and Dining Area Featuring Crown Molding and Large Windows. The side Separate Entrance, leads to a Huge Basement with Recreational Room with Office and Bar Area, and Additionally a Huge Family Room for Entertaining Along with a 3-Piece Bath. This Expansive Space Could be Easily Converted into an Income-Generating Suite or Used as Extra Living Space for Extended Family Members. Outside, the Backyard is Fully fenced with a Patio, Garden Area and Sprinkler System. Close to Transit (Lawrence Lrt Station & Future Subway in the area as well), Local schools, Parks, SHN General Hospital, Grocery Stores, and Restaurants are all Just Minutes Away. This is a Rare Opportunity to Own a Property with Great Bones and Great Income Potential in a Sought-After Neighborhood.


Property Details

StyleBacksplit 4
View-
Age of property-
SqFt-
Lot Size5,002 SqFt(124.98 x 40.03)
Parking Spaces3
MLS ®NumberE11986717
Community NameBendale
Data SourceTRREB
Listing byEXP REALTY

Features

Heating: Radiant
Fireplace
Basement: Finished, Sep Entrance

Main Floor

Kitchen

4.41 x 3.29

Ceramic Floor / Side Door / W/O To Patio

Foyer

3.25 x 2.35

Ceramic Floor / W/O To Deck

Living

5.79 x 4.62

Fireplace / Open Concept / O/Looks Frontyard

Dining

5.79 x 4.62

Broadloom / Combined W/Living / O/Looks Frontyard


Features

Lot size: 5,002 SqFt

Parking

Garage spaces 1

Garage type Carport

Other parking spaces 2

Total parking spaces 3


Property History

Feb 25, 2025
ListedActive
$999,900
7 days on market
history photo preview36
Listing by trreb®
Property listed by EXP REALTY, Brokerage

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Market Data - Bendale

Geo Zone Map ThumbnailBendale

Seller's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

11 days

Compared to

2024

11 days

2023

11 days

2022

6 days

New Listings

Past 30 days

17 listings

Compared to

2024

7 listings

2023

4 listings

2022

8 listings

Units sold

Past 30 days

8 units

Compared to

2024

7 units

2023

8 units

2022

9 units

Median Sold Price

Past 30 days

$1,037,900

Compared to

2024

$1,114,000

2023

$1,080,954

2022

$1,480,000


Population and Demographics

Overview

Total population 30632
Average household income $102,603

Age (%)

20 to 34
25%
0 to 19
20%
50 to 64
19%
65 and plus
19%
35 to 49
18%

Household composition (%)

Single family
63%
Single person
29%
Multi person
7%
Multi family
2%

Mother tongue (%)

English
49%
Tamil
8%
Tagalog (Pilipino, Filipino)
6%
Yue (Cantonese)
6%
Mandarin
6%
Gujarati
4%
Others
3%
Urdu
3%
Bengali
3%
Hindi
2%
Arabic
1%

House tenancy (%)

Owners
63%
Renters
37%

Schools and amenities

Estimated Budget