How much is 56 Herbert Ave listed for?

56 Herbert Ave is listed at $625,000 (MLS® X13520384). Summitly updates the price as soon as the MLS® record changes.

Is $625,000 a good price for 56 Herbert Ave?

Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Grey Highlands. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out.

Has the price of 56 Herbert Ave changed?

Yes — it was first listed at $700,000 and is now $625,000, a drop of $75,000 (10.7%).

How many bedrooms and bathrooms does 56 Herbert Ave have?

56 Herbert Ave has 4 bedrooms and 1 bathroom, with about 2,000–2,500 square feet of living space. It is a detached home in Grey Highlands.

How much would the monthly mortgage be on 56 Herbert Ave?

About $3,070 a month — principal and interest on $625,000 with 20% down ($125,000), 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.

How does 56 Herbert Ave compare with other homes in Grey Highlands?

Its asking price of $625,000 is about 4% below the median sold price in Grey Highlands over the last 90 days, $650,000, across 57 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 56 Herbert Ave been sold before?

Summitly has no earlier MLS® sale or lease of 56 Herbert Ave on record from the last two years. Older records aren't shown under TRREB rules.

Where is 56 Herbert Ave?

56 Herbert Ave is in Grey Highlands, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 56 Herbert Ave been on the market?

120 days — 56 Herbert Ave was listed on July 2, 2026.

What is the price per square foot of 56 Herbert Ave?

About $250 to $313 per square foot: the asking price of $625,000 over the 2,000–2,500 sq ft the listing gives as its size range.

Does 56 Herbert Ave have parking or a garage?

Yes — the listing gives 5 parking spaces. Garage: Yes.

Does 56 Herbert Ave have a basement, and is it finished?

The listing describes the basement as: Development Potential, Walk-Up.

For saleExcellent Deal

DetachedOn market 120 daysPrice drop · $75,000 off (-10.7%)

56 Herbert Ave, Grey Highlands

Name: 56 Herbert Avenue
SKU: X13520384
Price: 625000 CAD
Availability: InStock

Grey Highlands, ON · · MLS® X13520384Updated September 23, 2026

$625,000Est. $3,070/mo mortgage

Bedrooms: 4
Bathrooms: 1
Living space: 2000–2500sq ft
Parking spaces: 5

Type Detached
Garage Yes
Basement Development Potential, Walk-Up

What you should know

56 Herbert Ave is a 4-bedroom, 1-bathroom detached home in Grey Highlands, listed for $625,000. It has 2000-2500 sq ft of living space.

Step inside to a spacious front foyer that welcomes you into a bright living room featuring a cozy natural gas fireplace with a stunning fieldstone hearth.
The main floor also offers a formal dining room, a functional kitchen, a sunroom with walkout to the beautifully landscaped backyard, a comfortable family room, and a convenient 2-piece bath.
Additional features include an attached garage with convenient access to both the basement and front yard, a concrete driveway, and beautiful perennial gardens that enhance this home's outstanding curb appeal.

Ask Zara:

4 Bed, 1 Bath Detached Home in Grey Highlands

About 56 Herbert Avenue

Welcome Home! Discover the perfect place to make lasting family memories in this beautifully maintained, custom-built, one-owner home. Built by a highly respected local builder, this quality home offers approximately 2,280 sq. ft. of comfortable living space and exceptional curb appeal. Step inside to a spacious front foyer that welcomes you into a bright living room featuring a cozy natural gas fireplace with a stunning fieldstone hearth. The main floor also offers a formal dining room, a functional kitchen, a sunroom with walkout to the beautifully landscaped backyard, a comfortable family room, and a convenient 2-piece bath. Upstairs, you'll find four generously sized bedrooms and a 4-piece bathroom-perfect for a growing family. The lower level provides incredible flexibility with a bonus room ideal for a recreation room, home gym, workshop, or hobby space, along with a laundry area and plenty of storage. Additional features include an attached garage with convenient access to both the basement and front yard, a concrete driveway, and beautiful perennial gardens that enhance this home's outstanding curb appeal. Located within walking distance of the new public school, grocery store, downtown shops, parks, and the golf course, this home truly offers the perfect blend of comfort, convenience, and community. Don't miss your opportunity to make this exceptional family home your own. Contact me today to book your private showing!

4 bedrooms, 1 bathroom, about 2,000 sq ft, works out to roughly $313 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 56 Herbert Ave

Every detail from the listing, in one place.

Type: Detached
Style: 2-Storey
Living space: 2000-2500 sq ftas stated on the listing
Parking: 5 spacesYes garage
Basement: Development Potential, Walk-Up

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 5

Interior

Basement: Development Potential · Walk-Up

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Detached

56 Herbert Ave Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—ReducedPrice reducedThis listingMLS® X13520384−$75,000 (10.7%)$625,000
Jul 2, 2026For saleListedThis listingMLS® X13520384$700,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 56 Herbert Ave Compares to the Grey Highlands Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 99 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Grey Highlands market, last 90 days

Median sold price: $650,000
Average sold price: $738,128
Average days on market: 74
Homes sold: 57

Closed sales on the TRREB MLS®.

Full Grey Highlands market report

Recently sold nearby in Grey Highlands

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home56 Herbert Avenue 4 bd · 1 ba · 2,000 sqft	$625,000asking	$313	—	—
194700 Grey Road 13 Road 3 bd · 3 ba · 1,500 sqft
573042 Side Road 57A N/A 5 bd · 2 ba · 2,000 sqft
47118 Old Mail Road 5 bd · 3 ba · 2,000 sqft
269514 Grey Road 9 N/A 3 bd · 1 ba · 1,100 sqft
447223 10TH Concession 3 bd · 1 ba · 1,100 sqft
172 Park Street 3 bd · 2 ba · 1,500 sqft

194700 Grey Road 13 Road
3 bd · 3 ba · 1,500 sqft
573042 Side Road 57A N/A
5 bd · 2 ba · 2,000 sqft
47118 Old Mail Road
5 bd · 3 ba · 2,000 sqft
269514 Grey Road 9 N/A
3 bd · 1 ba · 1,100 sqft
447223 10TH Concession
3 bd · 1 ba · 1,100 sqft
172 Park Street
3 bd · 2 ba · 1,500 sqft

Living in Grey Highlands: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

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How long is your commute?

From 56 Herbert Ave. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 56 Herbert Ave

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $3,070; 20% down · 25 years · 5.5% assumed
Property tax: $344; 0.66% mill rate · ON
Total per month: $3,414; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$3,070

/mo

based on the purchase price of $625,000

Down payment20%

$125,000 cash

Amortization25 yr

$500,000 financed

Rate5.50%

$421,131 total interest

Principal54%$500,000

Interest46%$421,131

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB 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 TRREB 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.

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Listing brokerage: Royal LePage RCR Realty, BrokerageMLS® X13520384 · Listing data last updated September 23, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing 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. © 2026 Toronto Regional Real Estate Board. All rights reserved.

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 TRREB, 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.

For sale· listed Jul 1· $313/sq ft

Estimated monthly mortgage$3,070/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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56 Herbert Ave, Grey Highlands

What you should know