MLS® listing
56 Tobermory Drive: detached house for sale
$959,000
From the listing brokerage
Set on a rare 63 114.9 ft corner lot, this renovated detached side-split offers 3 bedrooms, 2 baths, and a basement that's already income-ready - its own kitchen and 3-piece bath in place. The big-ticket items are done: new roof, new windows, updated driveway and a newer garage door opener. Just move in. Inside, bright principal rooms, renovated floors and a private garden bring an everyday livability you rarely find this close to downtown Toronto. Location seals the deal. You're steps to the brand-new Finch West LRT (Line 6) Tobermory stop - two stops to the Line 1 subway, minutes to York University (Schulich & Osgoode), and a direct LRT ride to Humber College. Hwy 400 is four minutes away, with quick access to the 401/407, Yorkdale and Vaughan Mills. And this isn't potential on paper - it's city-backed transformation already underway. The property sits inside Toronto's approved Jane Finch Secondary Plan, alongside the master-planned Jane Finch Mall redevelopment: 10 mixed-use buildings and over 4,600 units reshaping the corridor block by block. Paired with Toronto's new multiplex and garden-suite permissions, this oversized corner lot holds real long-term flexibility (buyer to verify). Day-to-day life is covered too - Driftwood Park, York Woods Library and Black Creek Pioneer Village are all close, along with sought-after schools including Driftwood PS, Brookview MS, C.W. Jefferys CI (ESTeM STEM program) and St. Wilfrid Catholic. FreshCo and local grocers handle the essentials. Whether you're a first-time buyer stepping into detached ownership at a condo-alternative price, or an investor drawn to basement-suite income on rapid transit, 56 Tobermory checks every box for 2026. Book your private showing today.
Facts on the listing
| Square feet | 1100-1500 |
|---|---|
| Style | Sidesplit |
| Basement | Finished |
| Lot width | 63 |
| Lot depth | 115 |
| Lot measured in | Feet |
| Faces | North |
| Parking spaces | 4 |
| Garage | Attached |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 2 |
| Property tax | $3,891 |
| Tax year | 2025 |
| Parking | Available |
| Interior features | Built-In Oven, Carpet Free, In-Law Capability, In-Law Suite, Storage, Storage Area Lockers |
Listing courtesy of CENTURY 21 ATRIA REALTY INC.. MLS® W14125604.
About this detached house
56 Tobermory Drive is a 4 bedroom detached house in TRREB's Black Creek community in Toronto, listed for sale at $959,000. The listing shows 2 bathrooms and 1100-1500 square feet. The style is given as sidesplit. The lot is listed as 63 by 115 feet. The listing gives the basement as finished. It comes with 4 parking spaces and an attached garage according to the listing. The nearest main intersection given is Jane & Finch.
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 Tobermory Drive
At the asking price of $959,000, 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 | $959,000 |
|---|---|
| Ontario land transfer tax | $15,655 |
| Toronto municipal land transfer tax | $15,655 |
| Both taxes | $31,310 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $70,900 |
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) | $3,891 a year, about $324 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 $959,000, which is $211,000 below 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 forced air.
- 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, 63 by 115 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed. The listing shows 2 kitchens. If there is a second unit, ask whether it meets the municipality's rules for one.
- 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 Tobermory Drive
How much is land transfer tax on 56 Tobermory Drive?
At the asking price of $959,000 the Ontario tax is $15,655 and the Toronto tax is $15,655, $31,310 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 Tobermory Drive?
$70,900 at the asking price of $959,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 56 Tobermory Drive?
The listing shows $3,891 a year for 2025, about $324 a month.
Is 56 Tobermory Drive priced above or below the median?
It is listed at $959,000. 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 $211,000 lower. The median covers all sizes and neighbourhoods.
How do I book a showing for 56 Tobermory Drive?
Use the form on this page or call us. Quote MLS® W14125604. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 56 Tobermory Drive 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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