58 Summerhill Gdns

FOR SALE
$4,270,000
58 Summerhill Gdns, Toronto
58 Summerhill Gdns
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4 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
9 + 4
ROOMS
C9297737
MLSID
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Property Description
Welcome to 58 Summerhill Gardens, a fusion of nature and contemporary urban design, meticulously renovated by Dean Goodman from Levitt Goodman Architects, and featured in Toronto Life Magazine. This impressive 4 bed, 4 bath house is nestled amidst the serenity of the Avoca Ravine. Steps to Summerhill Subway, as well as the finest private and public schools, upscale restaurants, and boutique shops, this residence offers a lifestyle of unparalleled convenience and luxury. As you enter the foyer, you transition from bustling urban life into a medium dominated by the natural beauty of the Avoca ravine. Captivating ravine views and the inviting simplicity of white oak floors and abundant natural light, set a relaxed tone from the very first moment. Contemporary open-concept living across dining, kitchen and living room areas are united by a wood-burning fireplace, creating a space of unparalleled warmth and sophistication, all set against the backdrop of the ravine's lush foliage. A wall of glass sliding doors accesses the 900 square foot resort-style ravine patio which is complete with a floating observation deck, an outdoor spa jacuzzi and shower, cooking and dining areas. A dream setting for entertaining. Moving to the second floor, you will discover a stunning bespoke ambiance, featuring a superb principal bedroom, a family room, and an office space or additional bedroom. The principal bedroom boasts impressive millwork with built-in walk-in closets and bookcases, offering a vantage point to soak in the ravine views. The family room exudes a cozy yet open atmosphere, perfect for both relaxation and entertainment. Continuity in openness and a sense of levity extends to the third floor bedrooms and bathroom, adorned with stunning white oak floors, skylights, and captivating views of the ravine, lending a picture-perfect ambiance to the living space. The lower level allows for an additional bedroom, bathroom, gym or playroom and a bright laundry room with ample storage.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-15 2024-06-26 42 $4,495,000 - Terminated
Extras
Legal Description : PT LT 15-16 PL 398E TORONTO AS IN CT761865; S/T INTEREST IN CT761865; S/T & T/W CT785959; CITY OF TORONTO
Nearby Intersections
Property Details
Property Type
Detached, 2 1/2 Storey
Lot Size
30' x 100'
Lot Irregularities
irregular
Fronting
East
Taxes
$16,117 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick, Wood
Heat Type
Water
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Driveway
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
FoyerMain17.19' x 7.78'Hardwood Floor, Pot Lights, 2 Pc Bath
LivingMain19.91' x 11.68'Hardwood Floor, Wood Stove, Built-In Speakers
DiningMain17.36' x 11.65'Window Flr to Ceil, W/O To Patio, Wood Stove
KitchenMain17.32' x 10.20'Marble Counter, Pot Lights, Window Flr to Ceil
Prim Bdrm2nd14.24' x 21.88'Hardwood Floor, W/I Closet, 3 Pc Ensuite
Bathroom2nd6.46' x 11.25'Heated Floor, Skylight, Glass Doors
Family2nd11.32' x 10.14'Hardwood Floor, Large Window, Pot Lights
2nd Br2nd13.85' x 11.25'Hardwood Floor, Built-In Speakers, Large Window
3rd Br3rd16.90' x 11.75'Window Flr to Ceil, Hardwood Floor, Skylight
4th Br3rd11.32' x 11.81'West View, Hardwood Floor, Skylight
RecLower13.52' x 10.66'3 Pc Bath, Walk-Out
5th BrLower14.70' x 10.01'3 Pc Bath, Walk-Out, B/I Closet
Toronto Market Statistics
Toronto Price Trend
58 Summerhill Gdns is a 4-bedroom 4-bathroom home listed for sale at $4,270,000, which is $2,413,914 (130.1%) higher than the average sold price of $1,856,086 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 4 bedroom home in Toronto declined by $111,496 (5.7%) compared to the previous 30 day period (September 23 - October 22) and down $100,722 (5.1%) from the same time one year ago.
Inventory Change
There were 526 4-bedroom homes listed in Toronto over the last 30 days (October 23 - November 21), which is down 21.6% compared with the previous 30 day period (September 23 - October 22) and up 9.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Toronto typically sold ($34,194) (1.8%) below asking price over the last 30 days (October 23 - November 21), which represents a $6,080 decrease compared to the previous 30 day period (September 23 - October 22) and ($60,508) 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 Toronto over the last 30 days (October 23 - November 21) stood at 54.8%, up from 46.3% over the previous 30 days (September 23 - October 22) and up from 48.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Toronto stood at 23 days when successfully sold over the last 30 days (October 23 - November 21), compared to 50 days before being removed from the market upon being suspended or terminated.
Listing contracted with Chestnut Park Real Estate Limited
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