56 Pine Crescent, Toronto, ON

The Beaches, Toronto · MLS® E13813822

$6,699,000
For Sale
Listed 27 days agoNo offer date stated
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5+1Bedrooms
8Bathrooms
2Garage
5,000Sq ft

About this home

In short

  • Welcome to 56 Pine Crescent: an exceptional residence nestled on the iconic brick road in one of Toronto's most coveted neighbourhoods, The Beaches.
  • Set on a rare, wide ravine lot with stunning western exposure, this remarkable home offers breathtaking views, an abundance of natural light, and nearly 6,000 sq. ft....
  • Boasting 6 generously appointed bedrooms and 8 luxurious bathrooms, this home has been thoughtfully designed for both elegant entertaining and comfortable family living.
  • Whether you're drawn to the unparalleled ravine setting, the coveted Beaches location, or the spectacular finishes within, 56 Pine Crescent is a property that must be...

Welcome to 56 Pine Crescent: an exceptional residence nestled on the iconic brick road in one of Toronto's most coveted neighbourhoods, The Beaches. Set on a rare, wide ravine lot with stunning western exposure, this remarkable home offers breathtaking views, an abundance of natural light, and nearly 6,000 sq. ft. of beautifully designed living space. Boasting 6 generously appointed bedrooms and 8 luxurious bathrooms, this home has been thoughtfully designed for both elegant entertaining and comfortable family living. The dream main floor layout flows seamlessly, offering the perfect balance of grand, open spaces and warm, intimate settings. For those who love to indulge, a dedicated home gym and private theatre room await, offering every amenity for the ultimate in-home experience. A two-car garage completes this extraordinary offering. Whether you're drawn to the unparalleled ravine setting, the coveted Beaches location, or the spectacular finishes within, 56 Pine Crescent is a property that must be experienced in person.

Key facts

Property type
Detached, 3-Storey
MLS®
E13813822
Bedrooms
5+1 (6 total)
Bathrooms
8 (1 half)
Size
5,000 sq ft
Lot
40 × 157 ft
Cross streets
Pine and Pine Glen Rd
Parking
2 garage (detached)
Driveway
Mutual
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Concrete
Roof
Cedar
Sewer
Sewer
Property tax
$24,809 / 2025
Days on market
27
Listing brokerage
CHESTNUT PARK REAL ESTATE LIMITED

Rooms

Family RoomMain6.15 × 6.17 m

hardwood floor · b/i bookcase · overlooks ravine

LoftThird5.82 × 3.35 m

hardwood floor · 3 pc ensuite · closet

Bedroom 5Third5.18 × 3.96 m

hardwood floor · 3 pc ensuite · walk-in closet(s)

Bedroom 2Second4.75 × 3.04 m

hardwood floor · 4 pc ensuite · double closet

KitchenMain6.70 × 5.48 m

hardwood floor · b/i appliances · overlooks family

BedroomBasement4.26 × 3.04 m

broadloom · 3 pc ensuite · closet

Primary BedroomSecond5.79 × 4.87 m

hardwood floor · fireplace · overlooks ravine

Bathroom
Dining RoomMain5.18 × 3.65 m

hardwood floor · overlooks backyard · formal rm

Bedroom 4Second3.96 × 3.65 m

hardwood floor · double closet · semi ensuite

RecreationBasement8.53 × 5.48 m

broadloom · pot lights

Bedroom 3Second3.96 × 3.35 m

hardwood floor · double closet · semi ensuite

Living RoomMain3.65 × 3.35 m

hardwood floor · fireplace · overlooks ravine

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

On schools, this address is zoned for Malvern Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

Neighbourhood & location

The Beaches, 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.

Nearby neighbourhoods

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

Woodbine-Lumsden
$949K
Leaside
$2.15M
Wexford-Maryvale
$849K
Bendale
$900K
Banbury-Don Mills
$5.50M

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 Williamson Road Junior Public School
78%
Williamson Road Junior Public SchoolPublic · Elementary · 0.3 km awayAbove the GTA average · 78% meet the provincial standard
Glen Ames Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Balmy Beach Community School · Public elementary0.3 km · 88% at standard
St John Catholic School · Catholic elementary0.5 km · 72% at standard
Notre Dame Catholic High School · Catholic secondary0.6 km · 82% at standard
Beaches Alternative Junior School · Public elementary0.9 km
Kimberley Junior Public School · Public elementary0.9 km · 82% at standard
Neil McNeil High School · Catholic secondary0.9 km · 76% at standard
Adam Beck Junior Public School · Public elementary0.9 km · 73% at standard
Norway Junior Public School · Public elementary1.0 km · 85% at standard
Kew Beach Junior Public School · Public elementary1.1 km · 85% at standard
Courcelette Public School · Public elementary1.3 km · 77% at standard
Blantyre Public School · Public elementary1.3 km · 71% at standard
Bowmore Road Junior and Senior Public School · Public elementary1.7 km · 64% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$30,532/mo
$1226KIncome needed
5.5×Price ÷ income
$7,046Weekly cost
$388,870Land transfer tax, one-time (Ontario + Toronto)
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.

94%mortgage
Mortgage $30,532Property tax $2,067Total carry $32,599

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$29,632per month

Mortgage amount $5,359,200 · 4.49% over 25 years

$1,339,800Down payment (20.0%)
$5,359,200Loan before insurance
$0CMHC premium
$31,699Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$29,632
Property tax
$2,067
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$31,699

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

One-time closing costs

Ontario land transfer tax
$153,950
Toronto municipal land transfer tax
$234,920
Estimated closing costs
$388,870

Plus your down payment of $1,339,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$35,865/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

$3,530,381Total interest paid
$8,889,581Total of all payments
Principal $5,359,200 Interest $3,530,381
YearPrincipalInterestBalance
1$119,595$235,989$5,239,605
2$125,025$230,559$5,114,581
3$130,701$224,882$4,983,880
4$136,636$218,948$4,847,244
5$142,839$212,744$4,704,405
6$149,325$206,258$4,555,080
7$156,105$199,478$4,398,975
8$163,193$192,391$4,235,782
9$170,602$184,981$4,065,180
10$178,348$177,235$3,886,832
11$186,446$169,137$3,700,386
12$194,911$160,672$3,505,475
13$203,761$151,822$3,301,714
14$213,013$142,571$3,088,701
15$222,684$132,899$2,866,017
16$232,795$122,788$2,633,222
17$243,365$112,218$2,389,857
18$254,415$101,169$2,135,442
19$265,966$89,617$1,869,476
20$278,042$77,541$1,591,434
21$290,666$64,917$1,300,768
22$303,864$51,720$996,905
23$317,660$37,923$679,244
24$332,083$23,500$347,161
25$347,161$8,422$0

At the end of your 5-year term

Total paid over the term
$1,777,916
Principal paid down
$654,795
Interest paid
$1,123,121
Balance remaining
$4,704,405

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$10,500/mo
$126,000Gross annual rent
1.3%Cap rate after taxes and upkeep

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.

1.9%
Gross yield
− Property tax $24,809− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $85,931

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED. MLS®/PropTx.

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