53 Essex St
FOR SALE
$2,088,000
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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, 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!
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Property Features
Fenced Yard, 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
Brick, Metal/Side
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Lane
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 $2,088,000, which is $194,273 (10.3%) higher than the average sold price of $1,893,727 in the last 30 days (August 29 - September 27). During the last 30 days the average sold price for a 6 bedroom home in Downtown Toronto declined by $4,295,073 (69.4%) compared to the previous 30 day period (July 30 - August 28) and down $360,558 (16.0%) from the same time one year ago.Inventory Change
There were 37 6-bedroom homes listed in Downtown Toronto over the last 30 days (August 29 - September 27), which is up 164.3% compared with the previous 30 day period (July 30 - August 28) and down 22.9% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Downtown Toronto typically sold ($126,272) (6.7%) below asking price over the last 30 days (August 29 - September 27), which represents a $478,528 increase compared to the previous 30 day period (July 30 - August 28) and $108,142 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 (August 29 - September 27) stood at 29.7%, down from 35.7% over the previous 30 days (July 30 - August 28) and up from 14.6% 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 42 days when successfully sold over the last 30 days (August 29 - September 27), compared to 88 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Your Community Realty
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