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48 Spruce St, Downtown Toronto
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3
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
6
ROOMS
C3805598
MLSID
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Property Description
Elegant 3-Storey Victorian Home In Cabbagetown W/ Glamour And Charm! Distinctive Foyer With Loft-Like Spaces & Accenting Stained Glass Windows. Approx 2500 Sq Ft Of Living Space.10'+ Ceilings, Some Original Stained Glass (1898), Maple Hardwd Floors, Pot Lights, Exposed Brick, Skylights & Multiple Fireplaces Create A Regal Atmosphere. Lg Master Bedrm Has Seating Area & 4-Pc Ensuite W/ Deep Whirlpool Tub & Steam Shower.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-05-03 2023-06-02 31 $1,498,000 $1,500,000 Sold
2020-01-23 2020-05-07 104 $1,650,000 - Suspended
Extras
Breathtaking 2-Storey Dining Rm. 3rd Level Bedroom Has 2nd Kit, 2nd Laundry, 4-Pc Bath (Reno'd 2015) & W/O To Private Deck. Lennox, H/E Furnace, Central A/C, Tankless Hot Water Heater, Humidifier, Wifi Thermostat (2014).
Property Details
Street
Property Type
Semi-Detached, 3-Storey
Lot Size
15' x 100'
Fronting
North
Taxes
$5,338 (2016)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
FoyerMain8.50' x 10.99'Hardwood Floor, O/Looks Dining, Pot Lights
LivingMain10.99' x 24.57'Hardwood Floor, Fireplace, W/O To Patio
KitchenLower13.68' x 14.14'Hardwood Floor, Stainless Steel Appl, Open Concept
DiningLower8.63' x 15.58'Hardwood Floor, Stained Glass, Fireplace
Master2nd13.75' x 19.36'Hardwood Floor, 4 Pc Ensuite, Large Closet
2nd Br2nd10.76' x 15.58'Hardwood Floor, Closet, Window
3rd Br3rd13.62' x 21.59'Hardwood Floor, 4 Pc Ensuite, W/O To Deck
Kitchen3rd8.46' x 10.63'Hardwood Floor, Double Sink
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
48 Spruce St is a 3-bedroom 4-bathroom home listed for sale at $1,488,000, which is $145,659 (10.9%) higher than the average sold price of $1,342,341 in the last 30 days (February 26 - March 26). During the last 30 days the average sold price for a 3 bedroom home in Downtown Toronto increased by $23,087 (1.8%) compared to the previous 30 day period (January 27 - February 25) and up $13,003 (1.0%) from the same time one year ago.
Inventory Change
There were 852 3-bedroom homes listed in Downtown Toronto over the last 30 days (February 26 - March 26), which is up 44.7% compared with the previous 30 day period (January 27 - February 25) and up 38.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Downtown Toronto typically sold $71,089 (5.3%) above asking price over the last 30 days (February 26 - March 26), which represents a $24,663 increase compared to the previous 30 day period (January 27 - February 25) and $41,100 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 (February 26 - March 26) stood at 67.3%, down from 70.6% over the previous 30 days (January 27 - February 25) and down from 75.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Downtown Toronto stood at 13 days when successfully sold over the last 30 days (February 26 - March 26), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Advantage Realty, Brokerage
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