2 days on Market

56 Homestead Rd, Toronto, Ontario M1E 3R9

Detached
3 + 1
3
- sqft
$1,220,000
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Detached
3 + 1
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$5,239/mo

Tax Amount (2024)$4,957/yr

Days On Market2 days


Description

Welcome to this lovely home situated in a highly sought-after Scarborough neighborhood, just minutes from the lake. Offering the perfect blend of comfort and convenience, this home is close to excellent schools, beautiful parks, a variety of restaurants, shopping, major highways, and public transit - making it an ideal choice for families and commuters alike. As you enter, you'll be greeted by a bright and expansive veranda with large windows flooding the space with natural light perfect spot to enjoy your morning coffee or unwind in the evening. The main floor features a generously sized living and dining area, ideal for entertaining family and friends. A cozy family room with a wood-burning fireplace adds warmth and charm, while a patio door leads to a covered deck, seamlessly extending your living space outdoors. The large, level backyard offers endless possibilities for gardening, outdoor activities, or future projects. A convenient three-piece bathroom completes the main floor. Upstairs, you'll find three spacious bedrooms, each offering comfort and ample storage. The primary bedroom features direct access to a four-piece bathroom, which is also accessible from the hallway. A highlight of this room is the large patio door leading to a potential balcony - ready to be finished to your liking. The fully finished basement adds incredible value to this home, featuring a separate entrance, a second kitchen, a living room, a bedroom, and a full bathroom - making it an ideal in-law suite or potential rental space. A large cold room provides additional storage. The backyard is a true standout, offering an expansive and level space that can be transformed to suit your vision. A large, well-built shed presents exciting opportunities as a workshop, extra storage, a potential secondary suite, or a stylish he/she shed. It has built-in support for a possible garage door. Additionally, the garage has been modified to allow for extra storage, a feature many will appreciate.


Property Details

Style2-Storey
View-
Age of property31-50
SqFt-
Lot Size7,400 SqFt(148 x 50)
Parking Spaces4
MLS ®NumberE12049986
Community NameWest Hill
Data SourceTRREB
Listing byRE/MAX EXPERTS

Features

Heating: Forced Air
Fireplace
Basement: Sep Entrance, Finished

Ground Floor

Living

6.63 x 4.29

hardwood floor / Large Window / Combined W/Dining

Family

4.8 x 3.53

Laminate / Fireplace / W/O To Deck

Kitchen

4.88 x 2.74

Tile Floor / Large Window

Sunroom

6.63 x 2.6

Laminate / Laminate / Pass Through


Features

Lot size: 7,400 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 2

Total parking spaces 4


Property History

Mar 30, 2025
ListedActive
$1,220,000
2 days on market
history photo preview50
Listing by trreb®
Property listed by RE/MAX EXPERTS, Brokerage

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Population and Demographics

Overview

Total population 27306
Average household income $104,675

Age (%)

0 to 19
22%
20 to 34
22%
50 to 64
22%
35 to 49
18%
65 and plus
16%

Household composition (%)

Single family
62%
Single person
31%
Multi person
5%
Multi family
2%

Mother tongue (%)

English
69%
Tagalog (Pilipino, Filipino)
5%
Others
5%
Bengali
5%
Tamil
4%
Urdu
2%
Spanish
1%
French
1%

House tenancy (%)

Owners
58%
Renters
42%

Schools and amenities

Estimated Budget