Stunning family home nestled in the coveted Sherwood Park neighbourhood in midtown Toronto! Beautiful eat-in kitchen boasts a breakfast bar, Wolf gas stove, pot lights and a picturesque bay window. Formal dining room opens to an inviting family room with gas fireplace and a walk-out to the rear gardens. Finished lower level with high ceilings is perfect for entertaining or a home office. Bright and spacious principal rooms have been professionally painted in a neutral designer palette. Other notable features include 3 large bedrooms, 3 spa-inspired bathrooms, gleaming hardwood floors, skylights, new roof and a new deck. Built-in garage has plenty of storage space and the private driveway can accommodate additional 2 cars. Conveniently located close to the subway, outstanding schools, trendy dining, shopping and parks. Welcome Home!
3 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $1,332 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.Ask Zara a follow-up
Inside 256 Erskine Ave
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
256 Erskine Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13875188$1,998,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 256 Erskine Ave Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$9,816
/mo
based on the purchase price of $1,998,000
$399,600 cash
$1,598,400 financed
$1,346,272 total interest
Principal54%$1,598,400
Interest46%$1,346,272
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from PropTx or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from PropTx or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from PropTx, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 3–6 bed homes for sale in Toronto around $2.0M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4915.5%On average, homes sold at or above asking.
Active listings12,514Homes for sale here right now.
Median vs prior 90 days+3.5%Compared with Apr 11 – Jul 10, 2026: prices up.
Based on 9,654 sales from Jul 10 – Oct 8, 2026 (6,498 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
256 Erskine Ave is listed at $1,998,000 (MLS® C13875188). Summitly updates the price as soon as the MLS® record changes.
Is $1,998,000 a good price for 256 Erskine Ave?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 256 Erskine Ave changed?
No — 256 Erskine Ave is still listed at its original asking price of $1,998,000.
How many bedrooms and bathrooms does 256 Erskine Ave have?
256 Erskine Ave has 3 bedrooms and 3 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Toronto.
Is 256 Erskine Ave close to transit?
The nearest rapid-transit station is Mount Pleasant Station (Line 5), about 570 m (about a 7-minute walk) in a straight line. Leaside Station is about 980 m (about a 12-minute walk), and Eglinton Station is about 1.1 km (about a 14-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 256 Erskine Ave?
About $9,816 a month — principal and interest on $1,998,000 with 20% down ($399,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
Are there open houses at 256 Erskine Ave?
Yes — Saturday, October 10, 2:00 PM – 4:00 PM. Open-house times come from the listing brokerage and can change, so check this page before you go, or book a private viewing.
How does 256 Erskine Ave compare with other homes in Toronto?
Its asking price of $1,998,000 is about 135% above the median sold price in Toronto over the last 90 days, $849,000, across 9,654 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 256 Erskine Ave been sold before?
Summitly has no earlier MLS® sale or lease of 256 Erskine Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 256 Erskine Ave?
256 Erskine Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 256 Erskine Ave been on the market?
256 Erskine Ave was listed today (October 8, 2026).
What is the price per square foot of 256 Erskine Ave?
About $999 to $1,332 per square foot: the asking price of $1,998,000 over the 1,500–2,000 sq ft the listing gives as its size range.
