518 Markham St
Palmerston-Little Italy, Downtown Toronto, M6G 2L5
FOR SALE
$2,675,000
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4 + 2
BEDROOMS4
BATHROOMS1 + 1
KITCHENS16
ROOMSC8221236
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Property Description
Ultra rare 30' lot on Markham! Step inside this gorgeous red brick home, perfectly located on an extra quiet block within steps to Bloor, Bathurst, and the very best shops and restaurants on Harbord! Enjoy a fabulous main floor layout with gorgeous hardwood floors and generous living spaces, beautifully designed and perfectly connected. Grand formal living room with fireplace, overlooking the front garden. A fabulous oversized dining room overlooks the renovated kitchen and rear yard. Charming main floor powder room! Wonderful second floor with spacious family room, two generous bedrooms and sun room. Stunning third floor with primary retreat, walk-in closet, lux ensuite and terrace with west views! Convenient Third floor laundry and fourth bedroom. Updated lower level with two separate entrances and secondary suite. Giant yard, an urban paradise!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-10-26 | 2023-12-01 | 36 | $2,795,000 | - | Terminated |
| 2023-10-19 | 2023-10-26 | 7 | $2,950,000 | - | Terminated |
Extras
One of the best locations in the city! Steps to the subway and great parks! Easy access to downtown or uptown. Well maintained and updated throughout. Second Washer and Dryer in lower level. Permit parking on the street.
Nearby Intersections
Bloor & Bathurst (41)
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Lot Size
30' x 125'
Fronting
East
Taxes
$12,386 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 12.07' x 12.24' | Hardwood Floor, Leaded Glass, O/Looks Living |
| Living | Main | 11.58' x 15.09' | Hardwood Floor, Fireplace, O/Looks Garden |
| Dining | Main | 13.48' x 15.49' | Hardwood Floor, Bay Window, O/Looks Backyard |
| Kitchen | Main | 11.15' x 14.57' | Tile Floor, Open Concept, Stainless Steel Appl |
| Family | 2nd | 11.58' x 23.49' | Hardwood Floor, Bay Window, O/Looks Garden |
| 2nd Br | 2nd | 11.52' x 11.91' | Hardwood Floor, Double Closet, Combined W/Sunroom |
| 3rd Br | 2nd | 10.33' x 11.32' | Hardwood Floor, Window |
| Prim Bdrm | 3rd | 13.91' x 15.16' | Hardwood Floor, 5 Pc Ensuite, W/I Closet |
| 4th Br | 3rd | 8.33' x 12.50' | Hardwood Floor, B/I Bookcase, W/I Closet |
| Kitchen | Lower | 8.60' x 10.99' | Vinyl Floor, Open Concept, Pot Lights |
| Rec | Lower | 9.84' x 16.67' | Vinyl Floor, Open Concept, Pot Lights |
| 5th Br | Lower | 9.25' x 10.60' | Vinyl Floor, Double Closet, Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
518 Markham St is a 4-bedroom 4-bathroom home listed for sale at $2,675,000, which is $616,571 (30.0%) higher than the average sold price of $2,058,429 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 4 bedroom home in Downtown Toronto increased by $22,659 (1.1%) compared to the previous 30 day period (February 29 - March 29) and up $2,603 (0.1%) from the same time one year ago.Inventory Change
There were 567 4-bedroom homes listed in Downtown Toronto over the last 30 days (March 30 - April 28), which is up 25.2% compared with the previous 30 day period (February 29 - March 29) and up 2.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Downtown Toronto typically sold $18,558 (0.9%) above asking price over the last 30 days (March 30 - April 28), which represents a $2,931 decrease compared to the previous 30 day period (February 29 - March 29) and $46,398 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Downtown Toronto over the last 30 days (March 30 - April 28) stood at 52.0%, down from 53.6% over the previous 30 days (February 29 - March 29) and down from 57.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Downtown Toronto stood at 15 days when successfully sold over the last 30 days (March 30 - April 28), compared to 47 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Real Estate Services Heaps Estrin Team
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