56 Binscarth Rd

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56 Binscarth Rd, Downtown Toronto
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5 + 1
BEDROOMS
8
BATHROOMS
1
KITCHENS
13 + 8
ROOMS
C4018416
MLSID
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Property Description
An Exquisite Restoration Of Preeminent Quality By Powell & Bonnell/Ray Murakami This Stately Example Of Transitional Design Is Situated On One Of Rosedale's Finest Streets W/7,627 Sqft (-2,366 Below Grade), 5+1 Bedrooms Incl A Magnificent Master Suite W/Private Panoramic Terrace & The Largest Of 8 Opulent Baths. Expansive 35 Ft Neff Kitchen Boasts 2 Waterfall Islands. Follow The Inventive Slash Of Lighting Downstairs To The Wine Cellar, Theatre, Bar & Office.
Extras
Appliances By Wolf & Miele, Radiant In-Floor Heating On All Levels, Home Automation, Large Storage Rooms Downstairs, Detached Garage W/Heated Drive & Front Walkways, Parking For 4-5 & Potential For A Backyard Pool.
Property Features
Fenced Yard, Hospital, Library, Park, Public Transit, Rec Centre
Property Details
Property Type
Detached, 3-Storey
Approximate Sq.Ft.
5000+
Lot Size
50' x 150'
Fronting
North
Taxes
$27,749 (2017)
Basement
Finished
Exterior
Brick, Stone
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain19.65' x 25.33'Hardwood Floor, Marble Fireplace, W/O To Deck
DiningMain12.50' x 24.15'Hardwood Floor, Gas Fireplace, Formal Rm
KitchenMain15.98' x 17.49'Centre Island, Marble, Family Size Kitchen
BreakfastMain13.16' x 18.41'Tile Ceiling, Pantry, 2 Pc Bath
SittingMain12.40' x 12.73'Hardwood Floor, B/I Shelves, Large Window
Family2nd17.16' x 17.98'Hardwood Floor, W/I Closet, Large Window
2nd Br2nd12.50' x 13.98'Hardwood Floor, 4 Pc Ensuite, W/I Closet
3rd Br2nd12.50' x 19.65'Hardwood Floor, 3 Pc Ensuite, B/I Shelves
4th Br2nd12.30' x 12.73'Hardwood Floor, 3 Pc Ensuite, South View
5th Br2nd13.65' x 14.83'Hardwood Floor, 4 Pc Ensuite, W/I Closet
Master3rd16.14' x 16.47'Hardwood Floor, 5 Pc Ensuite, W/O To Terrace
Office3rd12.14' x 16.73'Hardwood Floor, Pocket Doors, South View
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
56 Binscarth Rd is a 5-bedroom 8-bathroom home listed for sale at $8,249,900, which is $5,638,031 (215.9%) higher than the average sold price of $2,611,869 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 5 bedroom home in Downtown Toronto increased by $61,719 (2.4%) compared to the previous 30 day period (February 24 - March 24) and down $378,200 (12.6%) from the same time one year ago.
Inventory Change
There were 124 5-bedroom homes listed in Downtown Toronto over the last 30 days (March 25 - April 23), which is up 9.7% compared with the previous 30 day period (February 24 - March 24) and up 22.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Downtown Toronto typically sold ($8,300) (0.3%) below asking price over the last 30 days (March 25 - April 23), which represents a $33,746 increase compared to the previous 30 day period (February 24 - March 24) and ($19,415) 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 (March 25 - April 23) stood at 50.8%, up from 46.9% over the previous 30 days (February 24 - March 24) and down from 59.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 8-bathroom home in Downtown Toronto stood at 15 days when successfully sold over the last 30 days (March 25 - April 23), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Chestnut Park Real Estate Limited, Brokerage
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