4 Douglas Cres

FOR SALE
$5,595,000
4 Douglas Cres, Downtown Toronto
4 Douglas Cres
4 Douglas Cres
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4 + 1
BEDROOMS
5
BATHROOMS
1
KITCHENS
15
ROOMS
C8203788
MLSID
Contact Us
Property Description
This is "Million Dollar Listing Toronto'". Newly built in 2022 by the current owner with over 4,300 sq. ft. This masterpiece is very cool & contemporary throughout. It is one of the best properties to come to the market. It has all the "wants" & more. Tall ceilings, wide plank floors, wonderful use of marble, high end appliances with ultra modern amenities inside & out. 4 bedrooms, 5 bathrooms, Media, Gym, Games room, Car lift with heated driveway & Mudroom. The entire house is infused with natural light. It's great for families, couples or singles. This is sophisticated & fashionable living at a new level & at its best. Control4 home automation system controllable by mobile device. This home is well laid out & enjoys solid craftsmanship. Even the exterior is amazing. Turn-key at its finest. There is something here for everyone. Located in a lovely well treed mid town area & close to shopping, schools with ease of access to the downtown and highways.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-10-03 2023-12-11 69 $5,999,000 - Terminated
2023-06-20 2023-08-20 61 $6,985,000 - Expired
2023-04-20 2023-06-20 61 $7,498,000 - Terminated
Extras
All warranties in the Seller's possession will go with the sale.
Property Details
Community
Property Type
Detached, 3-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
45' x 127'
Fronting
North
Taxes
$13,945 (2023)
Basement
Fin W/O
Exterior
Metal/Side, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
KitchenMain10.60' x 13.48'Hardwood Floor, B/I Oven, Combined W/Living
LivingMain17.16' x 17.32'Hardwood Floor, O/Looks Garden, Combined W/Kitchen
DiningMain12.24' x 16.24'Hardwood Floor, Combined W/Kitchen, B/I Bar
Prim Bdrm2nd15.09' x 15.75'Hardwood Floor, O/Looks Garden, W/I Closet
BathroomMain6.99' x 17.42'7 Pc Ensuite, Heated Floor, Marble Floor
2nd Br2nd10.93' x 11.52'Hardwood Floor, 3 Pc Ensuite, Heated Floor
3rd Br2nd9.09' x 11.25'Hardwood Floor, 4 Pc Ensuite
Bathroom2nd5.58' x 11.25'Marble Floor, Heated Floor, 4 Pc Ensuite
4th Br2nd8.99' x 11.25'Hardwood Floor, 4 Pc Ensuite, B/I Closet
5th BrLower10.43' x 11.42'Hardwood Floor, Heated Floor
FamilyLower16.17' x 21.26'Hardwood Floor, Heated Floor, B/I Bar
Media/EntLower10.33' x 19.65'Built-In Speakers
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
4 Douglas Cres is a 4-bedroom 5-bathroom home listed for sale at $5,595,000, which is $3,424,809 (157.8%) higher than the average sold price of $2,170,191 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 4 bedroom home in Downtown Toronto increased by $166,617 (8.3%) compared to the previous 30 day period (March 15 - April 13) and up $60,530 (2.9%) from the same time one year ago.
Inventory Change
There were 734 4-bedroom homes listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 63.5% compared with the previous 30 day period (March 15 - April 13) and up 23.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Downtown Toronto typically sold $14,231 (0.7%) above asking price over the last 30 days (April 14 - May 13), which represents a $6,380 decrease compared to the previous 30 day period (March 15 - April 13) and $64,276 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 4-bedroom homes in Downtown Toronto over the last 30 days (April 14 - May 13) stood at 38.3%, down from 60.8% over the previous 30 days (March 15 - April 13) and down from 64.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Downtown Toronto stood at 16 days when successfully sold over the last 30 days (April 14 - May 13), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Chestnut Park Real Estate Limited
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