56 Mortimer Avenue, Toronto, ON
Broadview North, Toronto · MLS® E13495152
About this home
Stunning Fully Renovated Semi-Detached Home in Prime East York!!LEGAL BASEMENT APARTMENT !! Welcome to this beautifully Reimagined Home in the heart of East York Broad view and Pape Area. Completely gutted and Rebuilt with exceptional attention to Detail and Quality Craftsmanship throughout. This executive Home offers modern living at its finest with Premium Finishes from top to bottom. Over Cad $250k spent in ultimate upgrading and rebuilding. The main and upper levels feature a bright, open-concept layout with brand-new Engineered wood flooring, upgraded insulation, and newer walls. The Designer Kitchen is a true Show stopper, complete with custom cabinetry, sleek built-in appliances, Gas Cook-Top, and a large Central Island-perfect for entertaining and everyday living. Enjoy the Elegant Living space highlighted by a Stylish Electric Fireplace and a Custom Feature wall, creating a warm and inviting atmosphere. Upstairs, you'll find generously sized bedrooms with thoughtfully designed Custom Closet Organizers, offering both comfort and functionality. The Fully Finished basement includes a Legal Apartment, ideal for rental income or extended family living, featuring its own modern finishes and private space. Additional upgrades include New Electrical and Mechanical systems, Built-in Furnace, and brand-new appliances throughout-offering peace of mind and true move-in readiness. Located in a desirable, family-friendly neighborhood close to parks, schools, transit, and all amenities. "This home is a rare opportunity for the discerning homeowner seeking refined living, exceptional space, and elevated finishes."
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- E13495152
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000
- Lot
- 17.58 × 133.15 ft
- Cross streets
- Pape / Mortimer
- Parking
- 1 parking
- Driveway
- Available
- Basement
- Apartment, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,184 / 2025
- Days on market
- 21
- Listing brokerage
- HOMELIFE TOP STAR REALTY INC.
Rooms
hardwood floor · closet organizers
hardwood floor · centre island · b/i appliances
vinyl floor · large window · closet organizers
hardwood floor · large window · closet organizers
vinyl floor · stainless steel appl · open concept
hardwood floor · large window · electric fireplace
hardwood floor · large window · closet organizers
Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairThe assigned public school is Westwood Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a very walkable address with everyday errands close by. Mortimer Ave at Burley Ave East Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Open-concept layout: modern, sought-after flow.
- Income potential
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 30% below the area average of $813/sqft.
17 days longer than the Toronto average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Broadview North, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Mortimer Ave at Burley Ave East Side, about 34 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $799,840 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,268
- Property tax
- $349
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,617
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,471
- Toronto municipal land transfer tax
- $16,471
- Estimated closing costs
- $32,942
Plus your down payment of $199,960. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $256,095
- Principal paid down
- $101,860
- Interest paid
- $154,235
- Balance remaining
- $697,980
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.
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE TOP STAR REALTY INC.. MLS®/PropTx.