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438 Sumach St, Downtown Toronto
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C3773550
MLSID
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Property Description
Prime Cabbagetown Fully Renovated "Workers Cottage" Boasts Being Larger Half Of Semi W/ Second Storey Front Dormer Window, Vaulted Beamed Ceilings, Spacious Master Bdrm, Smaller Second Bedroom, 2 Bathrooms, Dug Down Finish Basement, French Doors To Private Fenced Deck & One Car Parking. Ideal Condo Alternative Without The Fees. One Block To Riverdale Farm & Parks. Walk To Ttc, Local Shops, Restaurants, Schools & City Core, Pre Home Inspection Completed.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-05-25 2021-05-31 6 $999,000 $1,265,000 Sold
Extras
Kitcenaid Stove, B/I Fridge And Dishwasher, Microwave, Washer, Dryer, All Custom Blinds And Elf's, Gas Bbq Hook Up, Shed.
Property Features
Arts Centre, Park, Public Transit, Rec Centre, School
Property Details
Street
Property Type
Semi-Detached, 2-Storey
Lot Size
28' x 25'
Fronting
West
Taxes
$4,307 (2016)
Basement
Finished, Full
Exterior
Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingGround10.33' x 13.32'Hardwood Floor, Large Window, Open Concept
DiningGround7.74' x 13.32'Hardwood Floor, B/I Bookcase, W/O To Deck
KitchenGround8.92' x 10.33'Hardwood Floor, Renovated, Large Window
Master2nd10.04' x 15.88'Hardwood Floor, Cathedral Ceiling, Double Closet
2nd Br2nd6.66' x 9.74'Hardwood Floor, Cathedral Ceiling, Large Window
Bathroom2nd4.13' x 11.09'Renovated, 3 Pc Bath, Window
UtilityBsmt16.99' x 17.65'Window, Unfinished
LockerBsmt4.40' x 10.83'
FamilyBsmt12.30' x 17.55'Closet, Window
BathroomBsmt4.99' x 5.64'4 Pc Bath, Window
LaundryBsmt9.55' x 11.65'
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
438 Sumach St is a 2-bedroom 2-bathroom home listed for sale at $849,000, which is $244,834 (22.4%) lower than the average sold price of $1,093,834 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 2 bedroom home in Downtown Toronto declined by $74,898 (6.4%) compared to the previous 30 day period (February 25 - March 25) and down $64,676 (5.6%) from the same time one year ago.
Inventory Change
There were 200 2-bedroom homes listed in Downtown Toronto over the last 30 days (March 26 - April 24), which is up 28.2% compared with the previous 30 day period (February 25 - March 25) and up 32.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Downtown Toronto typically sold $80,184 (7.3%) above asking price over the last 30 days (March 26 - April 24), which represents a $66 decrease compared to the previous 30 day period (February 25 - March 25) and $70,915 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 2-bedroom homes in Downtown Toronto over the last 30 days (March 26 - April 24) stood at 73.5%, up from 62.2% over the previous 30 days (February 25 - March 25) and up from 70.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Downtown Toronto stood at 12 days when successfully sold over the last 30 days (March 26 - April 24), compared to 42 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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