53 Essex St
FOR SALE
$2,099,000
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Property Description
Welcome to 53 Essex St. 3 Storey beautifully maintained detached home, Approx. 2500 sqft of finished living space situated on a premium 18' x 168' lot. Great location with close proximity to public transit, schools, shopping, restaurants, 5 Min walk to Christie Pits Park. Home Layout offers multiple Rental Options, renovate or build with possible laneway house. This property offers tons of options making the possibilities endless. 6 Bedrooms, 3 Bathrooms, 2 kitchens with solid oak cabinets,9Ft ceilings on main floor, 2 laundry, rough-in bath and kitchen in basement with walk up and direct access to large backyard and detached garage that can hold up to 4 vehicles. Solid Oak hardwood floors and tile flooring throughout. Balconies on both 2nd & 3rd floor overlooking the Front yard and rear yard with picturesque views of the city. This home and property are a must see.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-26 | 2024-11-21 | 56 | $1,959,000 | - | Suspended |
Property Features
Fenced Yard, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 3-Storey
Lot Size
19' x 169'
Fronting
South
Taxes
$7,863 (2024)
Basement
Unfinished, Walk-Up
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 11.52' x 14.60' | Tile Floor, Stainless Steel Appl, Window |
| Living | Main | 12.43' x 10.53' | Tile Floor, Pot Lights, Window |
| Br | Main | 10.01' x 10.70' | Hardwood Floor, Closet, Window |
| 2nd Br | Main | 11.45' x 9.12' | Hardwood Floor, Closet, Balcony |
| 3rd Br | 2nd | 7.97' x 12.24' | Hardwood Floor, Closet, Balcony |
| 4th Br | 2nd | 13.78' x 9.06' | Hardwood Floor, Closet, Balcony |
| Kitchen | 2nd | 11.48' x 14.50' | Tile Floor, Pot Lights, Window |
| Dining | 2nd | 11.02' x 14.50' | Tile Floor, Pot Lights, Window |
| 5th Br | 3rd | 10.96' x 9.09' | Hardwood Floor, Closet, Balcony |
| Br | 3rd | 11.06' x 12.20' | Hardwood Floor, Closet, Window |
| Den | 3rd | 12.63' x 7.15' | Tile Floor, Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
53 Essex St is a 6-bedroom 3-bathroom home listed for sale at $2,099,000, which is $56,500 (2.8%) higher than the average sold price of $2,042,500 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 6 bedroom home in Downtown Toronto declined by $923,500 (31.1%) compared to the previous 30 day period (November 19 - December 18) and up $58,100 (2.9%) from the same time one year ago.Inventory Change
There were 17 6-bedroom homes listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is up 21.4% compared with the previous 30 day period (November 19 - December 18) and up 325.0% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Downtown Toronto typically sold ($182,500) (8.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $172,358 decrease compared to the previous 30 day period (November 19 - December 18) and ($79,180) 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 6-bedroom homes in Downtown Toronto over the last 30 days (December 19 - January 17) stood at 11.8%, down from 50.0% over the previous 30 days (November 19 - December 18) and down from 125.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 3-bathroom home in Downtown Toronto stood at 63 days when successfully sold over the last 30 days (December 19 - January 17), compared to 126 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Your Community Realty
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