FOR SALE
$1,959,000
53 Essex St, Downtown Toronto
53 Essex St
53 Essex St
53 Essex St
53 Essex St
53 Essex St
53 Essex St
53 Essex St
53 Essex St
53 Essex St
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53 Essex St
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53 Essex St
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53 Essex St
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6
BEDROOMS
3
BATHROOMS
2
KITCHENS
11
ROOMS
W9369141
MLSID
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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, parks, shopping and restaurants. Rent, renovate or build with possible laneway house, This property offers tons of options making the possibilities endless. 6 Bedrooms, 3 Bathrooms, 2 kitchens, 2 laundry, walk up basement with 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!
Property Features
Fenced Yard, Public Transit, School
Property Details
Street
Property Type
Detached, 3-Storey
Lot Size
19' x 169'
Fronting
South
Taxes
$7,863 (2024)
Basement
Unfinished, Walk-Up
Exterior
Brick, Metal/Side
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Lane
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain11.52' x 14.60'Tile Floor, Stainless Steel Appl, Window
LivingMain12.43' x 10.53'Tile Floor, Pot Lights, Window
BrMain10.01' x 10.70'Hardwood Floor, Closet, Window
2nd BrMain11.45' x 9.12'Hardwood Floor, Closet, Balcony
3rd Br2nd7.97' x 12.24'Hardwood Floor, Closet, Balcony
4th Br2nd13.78' x 9.06'Hardwood Floor, Closet, Balcony
Kitchen2nd11.48' x 14.50'Tile Floor, Pot Lights, Window
Dining2nd11.02' x 14.50'Tile Floor, Pot Lights, Window
5th Br3rd10.96' x 9.09'Hardwood Floor, Closet, Balcony
Br3rd11.06' x 12.20'Hardwood Floor, Closet, Window
Den3rd12.63' x 7.15'Tile Floor, Window
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
53 Essex St is a 6-bedroom 3-bathroom home listed for sale at $1,959,000, which is $1,779,454 (47.6%) lower than the average sold price of $3,738,454 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 6 bedroom home in Downtown Toronto increased by $410,721 (12.3%) compared to the previous 30 day period (September 21 - October 20) and up $763,954 (25.7%) from the same time one year ago.
Inventory Change
There were 25 6-bedroom homes listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 28.6% compared with the previous 30 day period (September 21 - October 20) and up 78.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
6-bedroom homes in Downtown Toronto typically sold ($136,699) (3.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $22,433 decrease compared to the previous 30 day period (September 21 - October 20) and ($111,891) 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 (October 21 - November 19) stood at 44.0%, up from 42.9% over the previous 30 days (September 21 - October 20) and down from 85.7% 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 36 days when successfully sold over the last 30 days (October 21 - November 19), compared to 69 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Your Community Realty
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