16 Essex St, Downtown Toronto
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
W3986005
MLSID
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Property Description
Incredible Opportunity To Build A Beautiful Toronto Home On This Pool Size Lot! On The Bloor Subway Line, In The Charming Christie Pits Neighborhood! Exceptionally Deep Lot For The Area. Laneway Access And 2 Car Garage. Fantastic Location! A Stone Throw To Christie Pits Park, Christie Subway Fiesta Gardens & Fiesta Farms, Numerous Eateries & Restaurants, Shopping And All Conveniences. Everything Is At The Doorstep! Walking Score Of 100 And Cycle Score Of 94.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-05-22 2019-05-28 7 $1,549,000 $1,670,000 Sold
Extras
The Property Has A Detached 3 Bedroom House In Need Of Major Repairs. Currently Tenanted, Will Be Vacant On Closing. No House Showings. All Offers Conditional On Viewing The House. All Apts To Walk The Property Must Be Booked Through La.
Property Features
Arts Centre, Fenced Yard, Hospital, Library, Park, Public Transit
Property Details
Street
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
19' x 169'
Lot Irregularities
Exceptionally Deep Lot For The Area!
Fronting
North
Taxes
$3,889 (2017)
Basement
Unfinished
Exterior
Brick Front, Insulbrick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
Lane
Garage Type
Detached
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
16 Essex St is a 3-bedroom 1-bathroom home listed for sale at $1,175,000, which is $194,779 (14.2%) lower than the average sold price of $1,369,779 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 3 bedroom home in Downtown Toronto increased by $38,554 (2.9%) compared to the previous 30 day period (February 23 - March 23) and down $3,492 (0.3%) from the same time one year ago.
Inventory Change
There were 912 3-bedroom homes listed in Downtown Toronto over the last 30 days (March 24 - April 22), which is up 13.3% compared with the previous 30 day period (February 23 - March 23) and up 26.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Downtown Toronto typically sold $81,790 (6.0%) above asking price over the last 30 days (March 24 - April 22), which represents a $14,107 increase compared to the previous 30 day period (February 23 - March 23) and $73,827 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 24 - April 22) stood at 69.0%, up from 68.1% over the previous 30 days (February 23 - March 23) and down from 78.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Downtown Toronto stood at 13 days when successfully sold over the last 30 days (March 24 - April 22), compared to 37 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Realty Ltd., Brokerage
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