MLS® listing
59 Cherrywood Avenue: detached house for sale
$1,288,800
From the listing brokerage
Waiting to get into "The Woods" community? Now is your chance!!! Get ready to do some creative design work with this solid detached 2-storey brick house in Humewood that is in great mechanical condition! We are offering this home after 3 generations that has Legal Front Pad Parking, Wide Mutual Driveway, Large Size Kitchen with Mud Room that can be extended to the width of the large deck for an enlarged urban oasis, 3 large bedrooms, hardwood throughout, 4 piece bathroom that can easily be turned into an ensuite from the master bedroom. Big backyard with a beautiful garden and shed (there was a detached garage there prior). Lots of potential with this house on a very desirable street. Humewood Community School just down the road, Leo Baeck Day School, plenty of private schools within reach including St Michael's College School, Havergal College, The Bishop Strachan School, Wychwood barns, quick and easy transportation, trendy restaurants and shops only a walk away. Come be part of this charming community!
Facts on the listing
| Square feet | 1100-1500 |
|---|---|
| Style | 2-Storey |
| Basement | Separate Entrance, Full, Finished |
| Lot width | 25 |
| Lot depth | 120 |
| Lot measured in | Feet |
| Faces | East |
| Parking spaces | 2 |
| Garage | None |
| Heating | Water |
| Cooling | Window Unit(s) |
| Kitchens | 1 |
| Property tax | $6,768 |
| Tax year | 2026 |
| Parking | Front Yard Parking, Mutual |
| Interior features | In-Law Capability |
Listing courtesy of KAY REAL ESTATE LTD.. MLS® C13741578.
About this detached house
59 Cherrywood Avenue is a 3 bedroom detached house in TRREB's Humewood-Cedarvale community in Toronto, listed for sale at $1,288,800. The listing shows 2 bathrooms and 1100-1500 square feet. The style is given as 2-storey. The lot is listed as 25 by 120 feet. The listing gives the basement as separate entrance, full, finished. It comes with 2 parking spaces according to the listing. The nearest main intersection given is Bathurst Ave/St Clair Ave W.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 59 Cherrywood Avenue
At the asking price of $1,288,800, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $1,288,800 |
|---|---|
| Ontario land transfer tax | $22,251 |
| Toronto municipal land transfer tax | $22,251 |
| Both taxes | $44,502 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $103,880 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2026) | $6,768 a year, about $564 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
How the asking price compares
TRREB recorded 550 detached house sales in the City of Toronto in August 2026, at a median price of $1,170,000 and an average of $1,525,749. This home is listed at $1,288,800, which is $118,800 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as water.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 25 by 120 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the street and the homes beside it.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 59 Cherrywood Avenue
How much is land transfer tax on 59 Cherrywood Avenue?
At the asking price of $1,288,800 the Ontario tax is $22,251 and the Toronto tax is $22,251, $44,502 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 59 Cherrywood Avenue?
$103,880 at the asking price of $1,288,800, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 59 Cherrywood Avenue?
The listing shows $6,768 a year for 2026, about $564 a month.
Is 59 Cherrywood Avenue priced above or below the median?
It is listed at $1,288,800. The August 2026 median for detached house sales in the City of Toronto was $1,170,000 across 550 sales, so the asking price is $118,800 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 59 Cherrywood Avenue?
Use the form on this page or call us. Quote MLS® C13741578. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 59 Cherrywood Avenue still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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