FOR SALE
$2,278,000
40 Salisbury Ave, Downtown Toronto
40 Salisbury Ave
40 Salisbury Ave
40 Salisbury Ave
40 Salisbury Ave
40 Salisbury Ave
40 Salisbury Ave
40 Salisbury Ave
40 Salisbury Ave
40 Salisbury Ave
40 Salisbury Ave
40 Salisbury Ave
40 Salisbury Ave
40 Salisbury Ave
40 Salisbury Ave
40 Salisbury Ave
40 Salisbury Ave
40 Salisbury Ave
40 Salisbury Ave
40 Salisbury Ave
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4 + 1
BEDROOMS
5
BATHROOMS
1
KITCHENS
8 + 1
ROOMS
C9356218
MLSID
Contact Us
Property Description
Quietly situated in the heart of historic Cabbagetown, this rarely available 3-storey detached home has been fully modernized. Featuring 4 spacious bedrooms, it boasts an open-concept living space with solid core doors, engineered hardwood floors, custom cabinetry, and pot lights throughout. The chefs kitchen includes high-end European appliances and a large island with a breakfast area. The versatile 4th bedroom loft can easily transform into an office or rec room. The finished basement, complete with a separate entrance and wet bar, is perfect for a family retreat or home office. Convenient access to transit, shopping, and nearby parks.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-31 2024-07-26 56 $2,099,000 - Suspended
2024-03-29 2024-05-31 63 $2,188,000 - Terminated
2024-03-29 2024-05-21 53 $2,188,000 - Suspended
2023-09-20 2023-11-13 54 $2,490,000 - Suspended
2023-05-20 2023-09-21 124 $2,299,000 - Terminated
2023-05-09 2023-05-23 14 $2,490,000 - Terminated
2023-03-10 2023-05-04 55 $2,490,000 - Terminated
2023-02-02 2023-02-16 14 $1,999,000 - Terminated
2023-01-17 2023-01-30 13 $2,490,000 - Terminated
2022-11-30 2022-12-13 13 $2,599,000 - Terminated
2022-11-17 2022-11-30 13 $2,199,999 - Terminated
2021-09-08 2021-09-16 8 $1,250,000 $1,510,000 Sold
Extras
Fisher & Paykel Built-In Fridge, Double Oven,Stove Top, Range Hood, Dishwasher. Samsung Washer & Dryer. Gas Burner & Equipment (2022). Central A/C (2022). Windows (2022).
Nearby Intersections
Property Features
Park, Public Transit, Rec Centre, School
Property Details
Property Type
Detached, 3-Storey
Lot Size
19' x 96'
Fronting
North
Taxes
$9,928 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain26.57' x 11.42'Hardwood Floor, Open Concept, Pot Lights
DiningMain26.57' x 11.42'Hardwood Floor, Open Concept
KitchenMain21.92' x 9.84'Hardwood Floor, Concrete Counter, B/I Appliances
BreakfastMain21.92' x 9.84'Hardwood Floor, Pot Lights, W/O To Yard
Prim Bdrm2nd12.60' x 14.17'Hardwood Floor, 3 Pc Ensuite, B/I Closet
2nd Br2nd10.33' x 8.33'Hardwood Floor, B/I Closet
3rd Br2nd9.25' x 10.01'Hardwood Floor, Large Window
4th Br3rd22.34' x 10.99'Hardwood Floor, 3 Pc Ensuite, Pot Lights
5th BrBsmt12.99' x 7.91'Laminate, 3 Pc Bath, W/I Closet
RecBsmt19.42' x 12.83'Laminate, Wet Bar, W/O To Yard
LaundryBsmt6.17' x 4.07'Laminate, Bar Sink
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
40 Salisbury Ave is a 4-bedroom 5-bathroom home listed for sale at $2,278,000, which is $373,943 (19.6%) higher than the average sold price of $1,904,057 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in Downtown Toronto declined by $84,958 (4.3%) compared to the previous 30 day period (September 21 - October 20) and down $159,815 (7.7%) from the same time one year ago.
Inventory Change
There were 546 4-bedroom homes listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 22.7% compared with the previous 30 day period (September 21 - October 20) and up 20.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Downtown Toronto typically sold ($35,760) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $7,729 decrease compared to the previous 30 day period (September 21 - October 20) and ($76,652) 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 4-bedroom homes in Downtown Toronto over the last 30 days (October 21 - November 19) stood at 54.6%, up from 40.1% over the previous 30 days (September 21 - October 20) and up from 47.6% 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 22 days when successfully sold over the last 30 days (October 21 - November 19), compared to 50 days before being removed from the market upon being suspended or terminated.
Listing contracted with First Class Realty Inc.
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