MLS® listing
56 Park Hill Road: detached house for sale
$1,394,000
From the listing brokerage
Discover Timeless Charm and Endless Potential in This Sun Filled, 3+1 Bedroom, 3 Bathroom Detached Home, Perfectly Positioned in the Heart of Upper Forest Hill Village. Nestled on the Second Block of Park Hill Road (Which Does Not Run Through to Eglinton). Set on a Generous 33.62 ft. x 141.80 ft. Corner Lot on the West Side of the Street, the Home Offers Privacy, Space, and Boulevard Parking. A Gas Fireplace Adds Warmth and Ambience to the Welcoming Living Room, While a Separate Formal Dining Room Provides an Inviting Setting for Entertaining. The Rear Addition Extends the Living Space with a Family Room Opening onto a Private Deck, a Convenient Main Floor Powder Room and Ample Storage Below. The Finished Basement Includes an Additional Bedroom with a Full Ensuite, Offering Flexible Space for Guests, a Large Home Office or a Rec. Room. Move in and Enjoy, or Update the Original Kitchen and Main Bathroom to Reflect Your Style. Steps to Cedarvale Subway Station and the Eglinton Crosstown LRT, with Forest Hill Schools, the Kay Gardner Beltline and Cedarvale Park All a Short Walk Away. A Rare Opportunity to Own a Detached Home in the Forest Hill Neighbourhood and School District at an Exceptional Price Point!
Facts on the listing
| Square feet | 1500-2000 |
|---|---|
| Style | 2-Storey |
| Basement | Finished |
| Lot width | 33.62 |
| Lot depth | 141.8 |
| Lot measured in | Feet |
| Faces | West |
| Parking spaces | 1 |
| Garage | None |
| Heating | Water |
| Cooling | Central Air, Other |
| Kitchens | 1 |
| Property tax | $8,026 |
| Tax year | 2025 |
| Parking | Boulevard |
| Interior features | Central Vacuum, Storage |
| Features | Park, Place Of Worship, Public Transit, School, Ravine |
Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS® C14129028.
About this detached house
56 Park Hill Road is a 4 bedroom detached house in TRREB's Forest Hill North community in Toronto, listed for sale at $1,394,000. The listing shows 3 bathrooms and 1500-2000 square feet. The style is given as 2-storey. The lot is listed as 33.62 by 141.8 feet. The listing gives the basement as finished. It comes with 1 parking space according to the listing. The nearest main intersection given is N of Eglinton/Park Hill Rd..
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 56 Park Hill Road
At the asking price of $1,394,000, 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 | $1,394,000 |
|---|---|
| Ontario land transfer tax | $24,355 |
| Toronto municipal land transfer tax | $24,355 |
| Both taxes | $48,710 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $114,400 |
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 (2025) | $8,026 a year, about $669 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 $1,394,000, which is $224,000 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, 33.62 by 141.8 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. 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 56 Park Hill Road
How much is land transfer tax on 56 Park Hill Road?
At the asking price of $1,394,000 the Ontario tax is $24,355 and the Toronto tax is $24,355, $48,710 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 56 Park Hill Road?
$114,400 at the asking price of $1,394,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 56 Park Hill Road?
The listing shows $8,026 a year for 2025, about $669 a month.
Is 56 Park Hill Road priced above or below the median?
It is listed at $1,394,000. 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 $224,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 56 Park Hill Road?
Use the form on this page or call us. Quote MLS® C14129028. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 56 Park Hill Road 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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