555 Markham St
Palmerston-Little Italy, Downtown Toronto, M6G 2L6
FOR SALE
$2,669,000
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5 + 2
BEDROOMS3
BATHROOMS1
KITCHENS9 + 5
ROOMSC11915159
MLSIDContact Us
Property Description
Spring into Palmerston-Little Italy with this Stunning Edwardian Home! Find the perfect turnkey opportunity, a beautifully renovated Grande Edwardian with huge room sizes, & 4 highly finished levels. Ideally located just steps from everyday essentials, at the crossroads of Annex, University, Little Italy & Seaton Village, find the perfect blend of timeless charm & modern updates. Step inside & be captivated by the light-filled, spacious interiors designed to tick off every item on your wish list. From the vintage exterior appeal to the thoughtfully renovated spaces, this home is a must-see. Key Features You'll Love: Ample Parking & Laneway Potential: A detached garage & the exciting opportunity to build a laneway home. Chefs Dream Kitchen: Gourmet kitchen with a large walk-in pantry, attached den, & walk-out to an open deck and garden ready for private entertaining. Grand Dining Room: Host your largest family gatherings in the formal dining room with a bay window. Cozy Living Spaces: Relax by the wood-burning fireplace after a long day. Convenience at Every Turn: A main floor bathroom, 2nd-floor laundry, & a finished basement with great ceiling height. Flexible Lifestyle Options: Five spacious bedrooms with ample closets, ideal for family living, guest rooms, or home offices/fitness. Breathtaking Rooftop Deck: Enjoy stunning city skyline views from the 3rd-floor deck. This home offers space, style, & untapped potential, imagine the possibilities with a laneway home! Improved pricing makes this an unbeatable opportunity to secure your dream home in one of Toronto's most sought-after neighborhoods. Don't just take our word for it, come see this beauty in person! Tour & experience this exceptional property before its too late. **EXTRAS** Temporary high-end luxury rental , sold vacant. Near-perfect Walk-score, Bike-score and Ride-score (transit). Big detached garage for parking or future laneway suite.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-20 | 2025-01-09 | 50 | $2,699,000 | - | Terminated |
| 2024-01-24 | 2024-04-24 | 91 | $10,995 | - | Expired |
Nearby Intersections
Bloor & Bathurst (35)
Property Features
Fenced Yard, Public Transit, School
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2 1/2 Storey
Lot Size
22' x 125'
Fronting
East
Taxes
$10,121 (2024)
Basement
Finished, Full
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 17.09' x 13.42' | Hardwood Floor, Fireplace, Bay Window |
| Dining | Main | 12.66' x 16.01' | Hardwood Floor, Bay Window, Pocket Doors |
| Kitchen | Main | 12.01' x 17.65' | Centre Island, W/O To Yard, Renovated |
| Office | Main | 10.99' x 7.35' | Hardwood Floor, Skylight, O/Looks Backyard |
| Prim Bdrm | 2nd | 13.58' x 17.59' | Hardwood Floor, Closed Fireplace, Closet |
| 2nd Br | 2nd | 12.07' x 14.07' | Hardwood Floor, Closet, South View |
| 3rd Br | 2nd | 9.84' x 14.76' | Hardwood Floor, Double Closet, East View |
| Laundry | 2nd | 6.00' x 4.99' | , B/I Shelves |
| 4th Br | 3rd | 13.58' x 17.59' | Wood Floor, Large Closet, West View |
| 5th Br | 3rd | 14.99' x 17.59' | Wood Floor, W/O To Sundeck, Large Closet |
| Rec | Lower | 18.34' x 13.16' | Above Grade Window, Laminate, 3 Pc Bath |
| Br | Lower | 15.16' x 16.67' | Above Grade Window, Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
555 Markham St is a 5-bedroom 3-bathroom home listed for sale at $2,669,000, which is $424,897 (18.9%) higher than the average sold price of $2,244,103 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 5 bedroom home in Downtown Toronto declined by $440,370 (16.4%) compared to the previous 30 day period (December 20 - January 18) and down $60,442 (2.6%) from the same time one year ago.Inventory Change
There were 123 5-bedroom homes listed in Downtown Toronto over the last 30 days (January 19 - February 17), which is up 75.7% compared with the previous 30 day period (December 20 - January 18) and up 66.2% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Downtown Toronto typically sold ($37,460) (1.7%) below asking price over the last 30 days (January 19 - February 17), which represents a $263,255 increase compared to the previous 30 day period (December 20 - January 18) and ($42,933) more 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 5-bedroom homes in Downtown Toronto over the last 30 days (January 19 - February 17) stood at 32.5%, up from 27.1% over the previous 30 days (December 20 - January 18) and down from 52.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (January 19 - February 17), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Freeman Real Estate Ltd.
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