53 1/2 Sumach St

FOR SALE
$999,000
53 1/2 Sumach St, Downtown Toronto
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
53 1/2 Sumach St
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2 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
7 + 1
ROOMS
C9366213
MLSID
Contact Us
Property Description
Welcome to 53 1/2 Sumach Street, a stunningly updated, turn-key residence in the heart of historic Corktown. Spanning over 1,800 square feet across four levels, this home offers the perfect blend of luxury and convenience. The main floor features a beautifully renovated, open-concept layout with a modern kitchen and walk-out to a spacious deck. The private primary retreat is an oasis of relaxation, boasting a sauna with a bathtub, giving a serene Scandinavian feel. Step outside to an incredible backyard featuring a built-in jacuzzi, perfect for unwinding or hosting gatherings. Included with a parking space, available street parking and a walk score of 98, you're just steps from the Distillery District, St. Lawrence Market, and Leslieville.
Property Details
Street
Community
Property Type
Semi-Detached, 2 1/2 Storey
Lot Size
14' x 118'
Fronting
East
Taxes
$4,391 (2024)
Basement
Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Lane
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain10.07' x 11.75'Hardwood Floor, O/Looks Frontyard, Large Window
DiningMain10.14' x 11.58'Open Concept, Hardwood Floor, Pot Lights
KitchenMain9.28' x 16.54'Modern Kitchen, Walk-Out, Breakfast Bar
Prim Bdrm2nd9.09' x 10.63'Bay Window, Walk-Up, Hardwood Floor
2nd Br2nd10.14' x 13.94'Hardwood Floor, Window
2nd Br3rd6.04' x 8.66'Sauna, Open Concept
3rd BrLower8.20' x 11.88'Hardwood Floor, Pot Lights
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
53 1/2 Sumach St is a 2-bedroom 3-bathroom home listed for sale at $999,000, which is $157,957 (13.7%) lower than the average sold price of $1,156,957 in the last 30 days (August 29 - September 27). During the last 30 days the average sold price for a 2 bedroom home in Downtown Toronto increased by $75,552 (7.0%) compared to the previous 30 day period (July 30 - August 28) and up $104,543 (9.9%) from the same time one year ago.
Inventory Change
There were 245 2-bedroom homes listed in Downtown Toronto over the last 30 days (August 29 - September 27), which is up 64.4% compared with the previous 30 day period (July 30 - August 28) and up 10.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Downtown Toronto typically sold $7,097 (0.6%) above asking price over the last 30 days (August 29 - September 27), which represents a $3,531 decrease compared to the previous 30 day period (July 30 - August 28) and $26,555 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 2-bedroom homes in Downtown Toronto over the last 30 days (August 29 - September 27) stood at 39.6%, down from 67.8% over the previous 30 days (July 30 - August 28) and up from 38.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Downtown Toronto stood at 15 days when successfully sold over the last 30 days (August 29 - September 27), compared to 51 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Batori Group Inc.
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