56 Samba Drive, Toronto, ON

Humbermede, Toronto · MLS® W13419364

$1,058,900
For Sale
Listed 38 days ago
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7Bedrooms
2Bathrooms
6Parking
1100-1500Sq Ft

About this home

Spacious Detached Raised Bungalow In A Great Family Friendly Location. Close To Transit And Amenities Including Hwy. Updated Window Throughout. Living Room Has 2 Large Bay Windows. Separate Entrance To Finished Basement. Basement Apartment With 4 Bedroom, Currently Rent For $2600 Monthly. Potential To Covert It TO Duplex. Situated On A Large 60 Ft X 124 Ft Lot, Wide Lot With Ample Parking. Spacious, Well- Maintained Layout. Listing Agent Has Interest In This Property (See Disclosure In Schedule B).

Key facts

Property type
Detached, Bungalow-Raised
MLS®
W13419364
Bedrooms
7 (3 + 4)
Bathrooms
2
Size
1100-1500
Lot
60 × 124.33 ft
Cross streets
Weston/Sheppard
Parking
6 parking
Driveway
Private
Basement
Apartment
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,057 / 2025
Days on market
38
Listing brokerage
HOMELIFE/GTA REALTY INC.
Moe’s TakeTeam Asgarian · Broker
In the wider range
$1.17Mest. value

Listed at $1,058,900, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 14 similar homes nearby, adjusted for size, beds, and baths.Median of 14 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $888K, lower 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 $1.20M
  • Bedrooms +$30K
  • Bathrooms −$30K
  • Adjusts to $1.20M

That comparable adjusts to $1.20M; the $1.17M estimate above is the median of all 14 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.

The assigned public school is Gulfstream Public 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. Weston Rd at Coral Gable Dr is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$391KGreat deal$2.65MOverpriced

Total price vs nearby homes. Fair value about $1.17M, median of 14 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.

  • 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.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Value driver
Comparable listingsCurrently listed nearby in Humbermede · asking prices
$1.25Mavg asking

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

19 Archway Crescent$1.25M

The 1 closest active listing nearby.

See all comparable homes
1.06MThis home1.25MThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $2.70M
$815this home / sqft
14active listings nearby
38days on market

This home lists 16% below the area average of $970/sqft.

37 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

Humbermede, 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

73/ 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: Weston Rd at Coral Gable Dr, about 148 m away

20+ transit stops1 grocery20+ dining11 parks3 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.

Downsview-Roding-CFB
$1.06M
Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M
High Park-Swansea
$4.99M
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 Gulfstream Public School
77%
Gulfstream Public SchoolPublic · Elementary · 0.4 km awayAbove the GTA average · 77% meet the provincial standard

Affordability & Mortgage

Affordability
$4,826/mo
$197KIncome needed
5.4×Price ÷ income
$1,114Weekly 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.

93%mortgage
Mortgage $4,826Property tax $338Total carry $5,164

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)
$4,521per month

Mortgage amount $847,120 · 4.14% over 25 years

$211,780Down payment (20.0%)
$847,120Loan before insurance
$0CMHC premium
$4,859Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,521
Property tax
$338
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,859

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

One-time closing costs

Ontario land transfer tax
$17,653
Toronto municipal land transfer tax
$17,653
Estimated closing costs
$35,306

Plus your down payment of $211,780. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,491/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

$509,044Total interest paid
$1,356,164Total of all payments
Principal $847,120 Interest $509,044
YearPrincipalInterestBalance
1$19,845$34,401$827,275
2$20,675$33,571$806,600
3$21,540$32,707$785,060
4$22,441$31,806$762,619
5$23,380$30,867$739,239
6$24,358$29,889$714,881
7$25,376$28,870$689,505
8$26,438$27,809$663,067
9$27,544$26,703$635,523
10$28,696$25,551$606,828
11$29,896$24,350$576,931
12$31,147$23,100$545,785
13$32,449$21,797$513,335
14$33,807$20,440$479,528
15$35,221$19,026$444,307
16$36,694$17,552$407,613
17$38,229$16,018$369,384
18$39,828$14,419$329,556
19$41,494$12,753$288,062
20$43,230$11,017$244,833
21$45,038$9,209$199,795
22$46,922$7,325$152,873
23$48,884$5,362$103,989
24$50,929$3,317$53,059
25$53,059$1,187$0

At the end of your 5-year term

Total paid over the term
$271,233
Principal paid down
$107,881
Interest paid
$163,352
Balance remaining
$739,239

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
1.8%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.

2.6%
Gross yield
− Property tax $4,057− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $19,107

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/GTA REALTY INC.. MLS®/PropTx.

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