56 Calvington Drive, Toronto, ON
Downsview-Roding-CFB, Toronto · MLS® W13771434
About this home
In short
- Prime Downsview Opportunity in North York.
- Nestled in the highly sought-after Downsview community, 56 Calvington Dr presents a rare opportunity to own in a well-established neighborhood surrounded by mature...
- Situated on one of the largest lots in the area and featuring a double-car garage, this property offers exceptional potential for those looking to renovate, invest...
- With its exceptionally large lot, double-car garage, desirable location, and outstanding redevelopment and investment potential, 56 Calvington Dr offers a unique...
Prime Downsview Opportunity in North York! Nestled in the highly sought-after Downsview community, 56 Calvington Dr presents a rare opportunity to own in a well-established neighborhood surrounded by mature homes and a welcoming residential setting. Situated on one of the largest lots in the area and featuring a double-car garage, this property offers exceptional potential for those looking to renovate, invest, or build their dream home. Enjoy the perfect balance of peaceful suburban living and urban convenience, with an abundance of parks, schools, shopping, restaurants, and community amenities nearby. Excellent access to major highways and TTC subway services makes commuting throughout Toronto and the GTA a breeze. The Hospital and Yorkdale Shopping Centre, one of Toronto's premier shopping destinations, are also just minutes away. With its exceptionally large lot, double-car garage, desirable location, and outstanding redevelopment and investment potential, 56 Calvington Dr offers a unique opportunity to create something truly special. A property that combines location, space, lifestyle, and long-term value in one of North York's most established and connected communities.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13771434
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1500-2000 sq ft
- Lot
- 50.04 × 163.98 ft
- Cross streets
- Keele & Wilson
- Parking
- 2 garage · 8 parking (detached)
- Driveway
- Private
- Basement
- Separate Entrance, Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,924 / 2026
- Listing brokerage
- ROYAL LEPAGE CITIZEN REALTY
Rooms
ceramic floor · family size kitchen · overlooks family
hardwood floor · large window · large closet
hardwood floor · large window · open concept
ceramic floor · ceramic backsplash · stainless steel appl
hardwood floor · large closet · large window
hardwood floor · large closet · large window
ceramic floor · combined w/kitchen · family size kitchen
hardwood floor · formal rm · large window
Ceramic Floor
ceramic floor · wet bar · overlooks dining
ceramic floor · combined w/br · w/o to deck
Listed at $948,800 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.03M, typically $921K to $1.12M. Comparable closings on their own put this home around $1.20M, so the seller is asking less than the comparables suggest: either they want a quick, clean sale or something about the home is not in the comparables. Worth seeing before you offer.
Second read, from the city assessment: $1.11M. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.
Total price vs nearby homes. Fair value about $1.03M, median of 81 comparables.
The market behind the math:
About 1 months of inventory: 7 detached homes for sale in the area against 21 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $542/sqft against an area asking average of $816/sqft. Size and $/sqft both feed the estimate above.
- Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version
I take the 81 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.11M, a close match.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
Schools & getting aroundcatchment and transit
The assigned public school is Pierre Laporte Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Based on 81 comparable homes that sold in Downsview-Roding-CFB over the past two years, from 204 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.20M, which is where my estimate comes from.
Per square foot, these ask about $773/sqft; this home lists at $542/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesNeighbourhood & location
Downsview-Roding-CFB, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.
Mortgage amount $759,040 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,092
- Property tax
- $410
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,502
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $15,451
- Toronto municipal land transfer tax
- $15,451
- Estimated closing costs
- $30,902
Plus your down payment of $189,760. 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
- $245,524
- Principal paid down
- $95,531
- Interest paid
- $149,993
- Balance remaining
- $663,509
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
The suite is real income here: basements rent in Downsview-Roding-CFB (38 of 115 recent detached leases were basement units, around $1,900 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,900 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 14 whole-home leases in Downsview-Roding-CFB signed at a median of $2,815 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,181. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE CITIZEN REALTY. MLS®/PropTx.