40 Bernard Ave

Annex, Toronto, M5R 1R2
FOR SALE
$5,295,000
40 Bernard Ave, Toronto
40 Bernard Ave
40 Bernard Ave
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4 + 1
BEDROOMS
5
BATHROOMS
1
KITCHENS
7 + 4
ROOMS
C8239960
MLSID
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Property Description
40 Bernard, with its recently completed and back to the bricks restoration/renovation, is one of the most beautiful homes in the East Annex. This historic Victorian is located on the best block of Bernard; just steps to Yorkville and Bloor Street shops and transit. Boasting 2800 square feet above grade with tall ceilings throughout, this house is wonderfully spacious and airy. It retains its charm blended seamlessly with contemporary style in an artfully designed package. The main floor is open concept with a chefs kitchen with a bespoke flair and dining banquette featuring custom rift oak and white cabinetry, gorgeous fluted oak on the oversized island and coffee pantry and ribbed glass lit china cabinet. The leathered quartzite counter and backsplash is unique, durable and a natural piece of art. The kitchen is bathed in light with a lovely bank of side windows and an oversized sliding door leading to the private garden. The stunning primary retreat features a generous sized walk-in closet, elegant wainscotting and Juliet balcony. The ensuite washroom is encased in gorgeous tile with custom walnut vanity, matte resin freestanding tub and separate water closet. The third floor has been expanded to create two generous bedrooms and three piece washroom. The dug out lower level with 8' ceilings maintains the graciousness of the rest of the home with custom built ins, recreation room, bedroom, laundry and three piece washroom. A deep and private garden with deck and patio are enjoyed off the main floor. The library walks out to a balcony with lovely views over Bernard Avenue, and the third floor sundeck is secluded in the trees. High quality materials have been incorporated throughout with new mechanical systems, this home truly offers it all!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-09-08 2021-09-24 16 $3,125,000 $2,971,000 Sold
2021-07-07 2021-07-27 20 $3,185,000 - Terminated
Extras
JennAir refrigerator/freezer, Fisher&Paykel dish drawer, JennAir wall oven, Bertazzoni range, B/I Panasonic microwave, garburator, Samsung washer & dryer, basement Fisher&Paykel fridge, undercounter wine fridge, Washlet toilets,
Nearby Intersections
Property Details
Community
Property Type
Semi-Detached, 2 1/2 Storey
Lot Size
22' x 112'
Fronting
North
Taxes
$17,778 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Front Yard
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain16.54' x 36.75'Hardwood Floor, Bay Window, Gas Fireplace
DiningMain16.40' x 36.75'Combined W/Living, Crown Moulding, Built-In Speakers
KitchenMain16.24' x 21.65'Centre Island, Pantry, W/O To Garden
Prim Bdrm2nd14.60' x 16.50'W/I Closet, 5 Pc Ensuite, Juliette Balcony
Library2nd14.99' x 15.65'Wet Bar, W/O To Balcony, B/I Bookcase
3rd Br3rd14.07' x 16.83'Hardwood Floor, Double Closet, Window
4th Br3rd10.33' x 14.27'Closet Organizers, B/I Desk, W/O To Sundeck
RecLower15.29' x 15.91'Above Grade Window, Vinyl Floor, B/I Bookcase
5th BrLower11.19' x 11.88'French Doors, Murphy Bed
LaundryLower7.68' x 8.92'Laundry Sink
Toronto Market Statistics
Toronto Price Trend
40 Bernard Ave is a 4-bedroom 5-bathroom home listed for sale at $5,295,000, which is $3,236,571 (157.2%) higher than the average sold price of $2,058,429 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 4 bedroom home in Toronto increased by $22,659 (1.1%) compared to the previous 30 day period (February 29 - March 29) and up $2,603 (0.1%) from the same time one year ago.
Inventory Change
There were 567 4-bedroom homes listed in Toronto over the last 30 days (March 30 - April 28), which is up 25.2% compared with the previous 30 day period (February 29 - March 29) and up 2.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Toronto typically sold $18,558 (0.9%) above asking price over the last 30 days (March 30 - April 28), which represents a $2,931 decrease compared to the previous 30 day period (February 29 - March 29) and $46,398 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 Toronto over the last 30 days (March 30 - April 28) stood at 52.0%, down from 53.6% over the previous 30 days (February 29 - March 29) and down from 57.2% 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 Toronto stood at 15 days when successfully sold over the last 30 days (March 30 - April 28), compared to 47 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage/J & D Division
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