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1 May St, Downtown Toronto
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3 + 1
BEDROOMS
6
BATHROOMS
1
KITCHENS
5 + 3
ROOMS
C4127825
MLSID
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Property Description
Sited On Rosedale Cul-De-Sac. Contemporary Masterpiece. Superb Craftsmanship, Special Appointments & Meticulous Attention To Details Are The Hallmarks Of This Resplendent Home. Soaring 12' Ceilings, Expansive Windows & Skylights Allow Natural Light To Freely Cascade Thruout Creating Ambiance Of Spacious Flow. Two-Sided Fireplace, Walnut Paneled Library, Glass-Framed Wine Cellar, Heated Limestone & Hardwood Floors. Expansive Walls To Showcase Artwork.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-03-03 2021-06-30 119 $9,760,000 - Expired
2020-07-08 2020-10-13 97 $9,760,000 - Terminated
Extras
Frosted Glass Retractable Panels Separate Scavolini Kitchen From Dining Area. Dramatic Free-Floating Circular Staircase. Lower Level Media Room W/ Gas F/P & Steps Leading To Exquisite Gardens Enhanced By Gas F/P & Fountain. Generator.
Property Details
Street
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
50' x 126'
Fronting
East
Taxes
$26,635 (2018)
Basement
Fin W/O
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
Great RmGround21.49' x 28.87'Combined W/Living, Gas Fireplace, French Doors
Great RmGround21.49' x 28.87'Combined W/Dining, Limestone Flooring, Crown Moulding
KitchenGround9.48' x 21.00'Combined W/Dining, Limestone Flooring, Centre Island
Master2nd17.59' x 20.08'6 Pc Ensuite, His/Hers Closets, Hardwood Floor
2nd Br2nd16.08' x 20.08'3 Pc Ensuite, French Doors, Hardwood Floor
3rd Br2nd11.29' x 12.07'3 Pc Ensuite, W/I Closet, Hardwood Floor
GamesLower16.80' x 37.07'Gas Fireplace, 3 Pc Ensuite, W/O To Garden
BrLower16.08' x 20.08'4 Pc Ensuite, Limestone Flooring, Double Closet
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
1 May St is a 3-bedroom 6-bathroom home listed for sale at $6,988,000, which is $5,616,065 (409.4%) higher than the average sold price of $1,371,935 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 3 bedroom home in Downtown Toronto increased by $37,039 (2.8%) compared to the previous 30 day period (February 24 - March 24) and down $5,634 (0.4%) from the same time one year ago.
Inventory Change
There were 931 3-bedroom homes listed in Downtown Toronto over the last 30 days (March 25 - April 23), which is up 17.8% compared with the previous 30 day period (February 24 - March 24) and up 31.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Downtown Toronto typically sold $83,197 (6.1%) above asking price over the last 30 days (March 25 - April 23), which represents a $16,698 increase compared to the previous 30 day period (February 24 - March 24) and $76,126 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 3-bedroom homes in Downtown Toronto over the last 30 days (March 25 - April 23) stood at 70.1%, up from 65.9% over the previous 30 days (February 24 - March 24) and down from 75.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 6-bathroom home in Downtown Toronto stood at 12 days when successfully sold over the last 30 days (March 25 - April 23), compared to 36 days before being removed from the market upon being suspended or terminated.
Listing contracted with Harvey Kalles Real Estate Ltd., Brokerage
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