56 Arlington Avenue, Toronto, ON

Wychwood, Toronto · MLS® C13535956

$1,199,000
For Sale
Listed 10 days ago
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3Bedrooms
2Bathrooms
1Garage
1100-1500Sq Ft

About this home

Nestled on a quiet, tree-lined street in one of Toronto's most desirable west-end neighbourhoods. Detached Two-Story With 3 bedrooms, bright principal rooms and a family-friendly layout, this is a wonderful place to call home. The main floor features new laminate flooring throughout, open-concept living and dining room centred around a wood-burning fireplace, and a functional eat-in kitchen with ample cabinetry and a walkout to the large rear deck overlooking the private backyard. Upstairs, you'll find hardwood flooring throughout, three well-proportioned bedrooms and a full 4-piece bathroom. The finished basement provides valuable additional living space, ideal as a family room, playroom, home office or gym, and includes a second 4-piece bathroom, laundry area and excellent storage. Step outside to enjoy the rear deck and mature backyard with gardens, creating a peaceful outdoor space for entertaining, gardening or family gatherings. Laneway access leads to the detached garage, offering one parking space, plus an additional half-bay inside the garage that's perfect for bicycles, sports equipment, seasonal storage or a workshop. Located in the heart of the sought-after Wychwood neighbourhood. Just steps to St. Clair Avenue West, you'll enjoy an excellent selection of cafés, restaurants, bakeries, boutiques and everyday conveniences. Nearby parks, Wychwood Barns, the popular Saturday Farmers' Market and the West Toronto Railpath provide plenty of opportunities to enjoy the outdoors, while excellent schools and convenient TTC access make everyday living easy.

Key facts

Property type
Detached, 2-Storey
MLS®
C13535956
Bedrooms
3
Bathrooms
2
Size
1100-1500
Lot
20 × 125 ft
Cross streets
St. Clair Avenue West & Christie Street
Parking
1 garage (detached)
Driveway
Lane
Basement
Separate Entrance, Partially Finished
Heating
Radiant
A/C
None
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,397 / 2026
Days on market
10
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Dining RoomMain4.37 × 2.85 m

combined w/living · laminate · ceiling fan(s)

Bedroom 3Second3.55 × 2.62 m

closet · west view · hardwood floor

Living RoomMain3.73 × 3.31 m

overlooks frontyard · fireplace · combined w/dining

KitchenMain4.54 × 3.44 m

w/o to deck · pot lights · laminate

RecreationBasement4.49 × 4.28 m

4 pc bath · laminate · panelled

Primary BedroomSecond4.50 × 3.61 m

east view · ceiling fan(s) · hardwood floor

Bedroom 2Second3.43 × 2.74 m

ceiling fan(s) · hardwood floor · closet

Moe’s TakeTeam Asgarian · Broker
In line
$1.25Mest. value

Listed at $1,199,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Wychwood, so I widened the search to the surrounding area.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.56M, higher than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $1.90M
  • Adjusts to $1.90M

That comparable adjusts to $1.90M; the $1.25M estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

Its public catchment (McMurrich Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Arlington is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$939KGreat deal$1.90MOverpriced

Total price vs nearby homes. Fair value about $1.25M, median of 5 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.39Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

110 Gillard Avenue$1.25M107 Twenty Fourth Street$939k31 Griffen Drive$778k351 Fairlawn Avenue$1.90M122 Strath Avenue$2.10M

The 5 closest active listings nearby.

See all comparable homes
1.20MThis home1.25M939k778k1.90M2.10MThis home vs active comparables
Live market pulseActive comparables in Wychwood · median list $1.75M
$922this home / sqft
13active listings nearby
10days on market

This home lists 5% below the area average of $971/sqft.

9 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Wychwood, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

80/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Arlington, about 229 m away

20+ transit stops6 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

High Park-Swansea
$4.99M
Lawrence Park South
$2.14M
Bedford Park-Nortown
$2.90M
Downsview-Roding-CFB
$1.06M
Alderwood
$998K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near McMurrich Junior Public School
81%
McMurrich Junior Public SchoolPublic · Elementary · 0.2 km awayAbove the GTA average · 81% meet the provincial standard
Winona Drive Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$5,465/mo
$232KIncome needed
5.2×Price ÷ income
$1,261Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

90%mortgage
Mortgage $5,465Property tax $616Total carry $6,081

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,119per month

Mortgage amount $959,200 · 4.14% over 25 years

$239,800Down payment (20.0%)
$959,200Loan before insurance
$0CMHC premium
$5,735Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,119
Property tax
$616
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,735

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$20,455
Toronto municipal land transfer tax
$20,455
Estimated closing costs
$40,910

Plus your down payment of $239,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,217/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$576,394Total interest paid
$1,535,594Total of all payments
Principal $959,200 Interest $576,394
YearPrincipalInterestBalance
1$22,471$38,953$936,729
2$23,411$38,013$913,319
3$24,390$37,034$888,929
4$25,410$36,014$863,519
5$26,473$34,951$837,046
6$27,580$33,843$809,465
7$28,734$32,690$780,731
8$29,936$31,488$750,796
9$31,188$30,236$719,608
10$32,493$28,931$687,115
11$33,852$27,572$653,263
12$35,268$26,156$617,996
13$36,743$24,681$581,253
14$38,280$23,144$542,973
15$39,881$21,543$503,093
16$41,549$19,875$461,543
17$43,287$18,137$418,257
18$45,098$16,326$373,159
19$46,984$14,440$326,175
20$48,949$12,475$277,226
21$50,997$10,427$226,229
22$53,130$8,294$173,099
23$55,352$6,072$117,747
24$57,667$3,756$60,080
25$60,080$1,344$0

At the end of your 5-year term

Total paid over the term
$307,119
Principal paid down
$122,154
Interest paid
$184,964
Balance remaining
$837,046

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,300/mo
$27,600Gross annual rent
1.3%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

2.3%
Gross yield
− Property tax $7,397− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $15,767

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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