40 Sherbourne St N

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40 Sherbourne St N, Downtown Toronto
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5 + 2
BEDROOMS
5
BATHROOMS
1
KITCHENS
12 + 3
ROOMS
C8234606
MLSID
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Property Description
Location at its best. This South Rosedale beauty is the perfect family home, minutes from the most sought after schools (Branksome, Mooredale, Rosedale Public) family parks and a stroll away to Summerhill and Yorkville. This stunning home is filled with natural sunlight, and is fully renovated to create an uber chic space which is warm, contemporary, sophisticated and spacious. This phenomenal property bears all the hallmarks of a classic Rosedale estate its architectural splendour is entirely befitting of its preeminent surroundings. Countless nods to the homes and neighbourhoods rich history have been artistically woven into recent renovations. The end-result is a warm, contemporary, and uber-chic space that embodies both style and substance. The graceful layout is an entertainers paradise, boasting a double living room with contemporary wood burning fireplace, and an enviable chefs kitchen, featuring a clever pass-through to the spacious dining room. Family life is a dream, with the spectacular sunken family room, complete with oversized windows and French doors opening to the stunning backyard, which features a sports court and several entertaining zones. Relax in the private second floor primary bedroom, with its spa-like ensuite and walk-in closet, and adjacent dressing room and expansive office/adult retreat. The third floor is a perfect escape for kids, featuring two generous bedrooms and a study. The lower level provides ample space for recreation, as well as an inviting guest bedroom, full bathroom, gym and wine cellar. Its close proximity to Yonge and Bloor lends even more cachet to this prestigious pockets allure.
Extras
Within easy walking distance to some of the citys best public and private schools, parks, restaurants and shopping, this home is the total package.
Nearby Intersections
Property Features
Fenced Yard, Library, Park, Place Of Worship, Public Transit, School
Property Details
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
3500-5000
Lot Size
33' x 146'
Fronting
West
Taxes
$17,743 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
FoyerMain9.68' x 13.68'Hardwood Floor, Pot Lights, 2 Pc Bath
LivingMain12.17' x 25.49'Hardwood Floor, Pot Lights, Crown Moulding
DiningMain11.75' x 15.68'Hardwood Floor, Window, Pot Lights
KitchenMain11.32' x 17.65'B/I Appliances, Marble Counter, B/I Shelves
FamilyMain13.12' x 27.66'Hardwood Floor, Breakfast Area, Fireplace
Prim Bdrm2nd16.83' x 22.57'W/I Closet, 5 Pc Ensuite, Pot Lights
2nd Br2nd10.43' x 12.40'Bay Window, Hardwood Floor, Fireplace
Office2nd11.25' x 18.77'Hardwood Floor, Pot Lights, W/W Closet
2nd Br3rd10.99' x 15.32'Hardwood Floor, Pot Lights, Fireplace
Study3rd9.42' x 11.91'Above Grade Window, 3 Pc Ensuite, Pot Lights
RecLower20.34' x 20.73'Hardwood Floor, Closet
BrLower10.24' x 13.09'Above Grade Window, Pot Lights, B/I Closet
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
40 Sherbourne St N is a 5-bedroom 5-bathroom home listed for sale at $4,895,000, which is $2,113,992 (76.0%) higher than the average sold price of $2,781,008 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 5 bedroom home in Downtown Toronto increased by $198,249 (7.7%) compared to the previous 30 day period (March 15 - April 13) and down $154,254 (5.3%) from the same time one year ago.
Inventory Change
There were 222 5-bedroom homes listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 113.5% compared with the previous 30 day period (March 15 - April 13) and up 52.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Downtown Toronto typically sold $39,350 (1.4%) above asking price over the last 30 days (April 14 - May 13), which represents a $41,775 increase compared to the previous 30 day period (March 15 - April 13) and $49,535 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 5-bedroom homes in Downtown Toronto over the last 30 days (April 14 - May 13) stood at 28.4%, down from 51.9% over the previous 30 days (March 15 - April 13) and down from 51.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 5-bathroom home in Downtown Toronto stood at 15 days when successfully sold over the last 30 days (April 14 - May 13), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Real Estate Services Heaps Estrin Team
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