16 Old Primrose Lane

FOR SALE
$1,199,000
16 Old Primrose Lane, Downtown Toronto
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
7 + 1
ROOMS
C11977628
MLSID
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Property Description
Welcome to 16 Old Primrose Lane - A Hidden Gem in the Heart of Corktown. Nestled within a charming private enclave, this stunning end-unit freehold townhouse is a rare find. Tucked away on a tree-lined cobblestone walkway, it offers a peaceful retreat while being steps from the pulse of the city. Spanning nearly 1,500 sq ft across four levels, this 3+1 bedroom home is designed for modern living. As an end unit, it boasts extra windows, an abundance of natural light, and only one shared wall - a feature the sellers absolutely love. Sophisticated & Spacious Living, The open-concept main level is perfect for entertaining, featuring high ceilings, pot lights, hardwood floors, and beautiful sightlines. The modern kitchen, complete with stainless steel appliances, flows seamlessly into the dining and living areas, with a walkout to a private deck - perfect for summer BBQs with its gas hookup. Designed for comfort & convenience the second floor features two generous-sized bedrooms, a four-piece bath, and a dedicated laundry room. The third floor primary retreat features a private sanctuary with a dressing area, ample closet space, an ensuite bath, and a walkout to a sun-kissed terrace - your personal escape in the city. A finished basement offers the perfect flex space-ideal for a home office, gym, or guest suite-with direct access to your built-in garage. An Unbeatable Location-Situated in vibrant Corktown, this home offers unmatched connectivity: Steps to Queen Street East for shops, cafes, and dining. Easy access to transit with two priority streetcar routes & two planned Ontario Line stations. Quick access to major highways-DVP, Gardiner & Bayview Extension. A family-friendly community with amazing neighbours. 16 Old Primrose Lane is a true hidden gem-offering tranquility, community, and urban convenience in one perfect package. Don't miss out on this rare opportunity!
Property Features
Cul De Sac, Public Transit, Rec Centre, School
Property Details
Community
Property Type
Semi-Detached, 3-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
15' x 43'
Fronting
North
Taxes
$5,071 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Lane
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain12.89' x 14.57'Hardwood Floor, Open Concept, W/O To Deck
DiningMain12.89' x 20.47'Hardwood Floor, Open Concept, Window
KitchenMain12.89' x 20.47'Hardwood Floor, Picture Window, Combined W/Dining
2nd Br2nd10.66' x 11.38'Hardwood Floor, W/W Closet, Picture Window
3rd Br2nd9.91' x 12.89'Hardwood Floor, Double Closet, Window
Prim Bdrm3rd12.80' x 19.03'Hardwood Floor, 4 Pc Ensuite, Window
Sitting3rd7.09' x 12.80'Hardwood Floor, W/O To Deck, Closet Organizers
4th BrBsmt6.30' x 8.92'Hardwood Floor, Above Grade Window
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
16 Old Primrose Lane is a 3-bedroom 3-bathroom home listed for sale at $1,199,000, which is $93,598 (7.2%) lower than the average sold price of $1,292,598 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Downtown Toronto increased by $71,412 (5.8%) compared to the previous 30 day period (December 22 - January 20) and down $8,210 (0.6%) from the same time one year ago.
Inventory Change
There were 676 3-bedroom homes listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 105.5% compared with the previous 30 day period (December 22 - January 20) and up 23.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Downtown Toronto typically sold $27,264 (2.1%) above asking price over the last 30 days (January 21 - February 19), which represents a $35,980 increase compared to the previous 30 day period (December 22 - January 20) and $32,657 less 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 (January 21 - February 19) stood at 52.8%, down from 53.2% over the previous 30 days (December 22 - January 20) and down from 73.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Downtown Toronto stood at 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 55 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Realty Ltd.
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