Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

56 Gatesview Avenue, Toronto, ON M1J 3G5

5+2 beds · 4 baths · 2 kitchens · 11 rooms · 8 parking spaces · 1500-2000 sq ft · Detached
$1,195,000
Property tax
$4,690 / year

Welcome To A Truly Rare Opportunity! Nestled In A Quiet Neighborhood, This Spacious And Well-Maintained 5+2 Bedroom, 4 Bathroom Family Home Offers Approximately 3,414 Sq. Ft. Of Finished Living Space. Situated In A Highly Sought-After Pocket Just A Short Stroll From The Prestigious Scarborough Golf And Country Club, This Home Sits On An Impressive 71 X 200 Ft Premium Lot Where The Possibilities Are Endless. The Inviting Layout Effortlessly Blends Everyday Comfort With Functional Living, Highlighted By A Walk-Out Basement And A Separate Entrance Offering Immense Income Potential. This Home Is Ideal For Multi-Family Living, Growing Households, Or Investors Exploring Future Development. Step Outside To Your Sprawling, Ultra-Private Backyard Oasis Where Relaxation Meets Majestic Views. This Rarely Offered Gem Just Minutes To All Amenities, Including Transit, Shopping, Parks, Schools, And The Beautiful Shores Of Lake Ontario. Don't Miss The Chance To Own This Beautiful Home.

MLS number
E13764188
Type
Detached
Status
Active
Bedrooms
7
Bathrooms
4
Postal code
M1J 3G5
Photos
50
Laundry
Not in the unit
3days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Cedar Drive Junior Public School5.3 / 10
Elementary · Regular Track
TDSB boundary
Bliss Carman Senior Public School
Intermediate · Regular Track
TDSB boundary
Sir Wilfrid Laurier Collegiate Institute6.8 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
George P Mackie Junior Public School
Toronto DSB
Elementary963 m8.1 / 10
81% met the standard
St Boniface Catholic School
Toronto CDSB
Elementary1.0 km6.8 / 10
68% met the standard
Scarborough Village Public School
Toronto DSB
Elementary891 m6.5 / 10
65% met the standard
Academy of Scholars Inc.Secondary1.2 kmNot reported
Elizabeth Simcoe Junior Public School
Toronto DSB
Elementary1.2 km8.1 / 10
81% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Detached houses in Toronto E08397 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$919k$1.06M$1.20M20252026this home’s asking price
$965klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%99%103%20252026the asking price
96%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d16d33d20252026
21dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in toronto e08. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 3,107 people.

$75,500Median household income
39.9%Own their home
14.1%Detached houses
34.8Median age
59.3%Born outside Canada
26.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35204329 — the few blocks around this address, home to 3,107 people. It describes the area, not this property.

3,107Population
36.1Average age
3.1Household size
$86,400Average household income
$75,500Median household income
40%Own their home
60%Rent
32%Condominiums
59%Born outside Canada
26%University degree
$652,000Average home value
15%Low income
55%Not in the labour force
38%Never married
Under $5,0001%
$10,000 to $14,999<1%
$15,000 to $19,9992%
$20,000 to $24,9994%
$25,000 to $29,9992%
$30,000 to $34,9992%
$35,000 to $39,9993%
$40,000 to $44,9993%
$45,000 to $49,9993%
$50,000 to $59,9998%
$60,000 to $69,9996%
$70,000 to $79,9997%
$80,000 to $89,9997%
$90,000 to $99,9994%
$100,000 and over23%
$100,000 to $124,99910%
$125,000 to $149,9996%
$150,000 to $199,9995%
$200,000 and over4%

Percentages are of the 1,325 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$239,000 · minimum here is $94,500
$5,291.20per month
Borrowed before insurance$956,000
Total borrowed$956,000
Interest over 25 years at 4.5%$631,360

If you rented it out

-$5,682.03per month out of pocket
Rent$0.00
Everything it costs to hold$5,682.03
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — 2 still in progress.

3718 KINGSTON RD451 m
Under Review · applied April 28, 2023

Site Plan Application for a 20-storey residential building with a 6-storey podium. The total GFA proposed is 28,731 sq.m, consisting of 28,538 sq.m of residential GFA and 193 sq.m. of commercial GFA resulting in a FSI of 4.55.…

City planning file →
321 SCARBOROUGH GOLF CLUB RD328 m
Under Review · applied December 12, 2018

INACTIVE This site plan application is to permit the construction of a new maintenance building and the demolition of the existing curling rink. Metrolinx is in the process of grade separating its Lake Shore East crossing at Scarborough Golf Club Road.…

City planning file →
3730 KINGSTON RD465 m
Appeal Received · applied July 30, 2021

REVISED PROPOSAL: Revised Zoning By-Law Amendment Application and site plan application (23 139161 ESC 24 SA) is to permit the development of a 24-storey building with a 7-storey podium that steps down to the adjacent properties to the north and east.…

City planning file →
321 SCARBOROUGH GOLF CLUB RD328 m
Closed · applied January 15, 2008

The site consists of four structures comprised of a two-storey Curling Rink and Clubhouse, a one-storey residential dwelling, a one-storey metal-clad shed and one-storey Proshop and cart storage.…

What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by SMART SOLD REALTY. Listing data provided by the Toronto Regional Real Estate Board.