Re-listed 47 days ago

56 Homestead Rd, Toronto, Ontario M1E 3R9

Detached
3 + 1
3
~1500-2000 sqft
$•••,•••
$1,095,000
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$10,950Cashback
Detached
3 + 1
3
~1500-2000 sqft

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Highlights

Property Estimate

Days on market47 days

Total days on market
159 days

Estimated valueNot available

Price/Sqft$639/sqft

Monthly cost

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+9

Properties sold*

$1.1M

Median sold price*

*Based on last 30 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 taste. 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~1500-2000 SqFt
Lot Size7,400 SqFt(148 x 50)
Parking Spaces4
MLS ®NumberE12295853
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

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
47 days on market
history photo preview50
Listing by trreb®

Market Data - West Hill

Geo Zone Map ThumbnailWest Hill

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

43 days

Compared to

2024

17 days

2023

33 days

2022

18 days

New Listings

Past 30 days

21 listings

Compared to

2024

21 listings

2023

15 listings

2022

11 listings

Units sold

Past 30 days

10 units

Compared to

2024

9 units

2023

6 units

2022

7 units

Median Sold Price

Past 30 days

$946,500

Compared to

2024

$1,050,000

2023

$1,174,500

2022

$992,500


Population and Demographics

Overview

Total population 27306
Average household income $104,675

Age (%)

0 to 19
22%
20 to 34
22%
35 to 49
18%
50 to 64
22%
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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget