FOR SALE
$6,295,000
78 Elm Ave, Downtown Toronto
78 Elm Ave
78 Elm Ave
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4
BEDROOMS
5
BATHROOMS
1
KITCHENS
8 + 2
ROOMS
C8320076
MLSID
Contact Us
Property Description
Welcome to 78 Elm Ave, true South Rosedale gem offering the highest level of craftsmanship & design, having undergone an extensive renovation where no expense was spared. You are welcomed to the home via a private driveway & beautifully landscaped & manicured gardens. A dramatic 12 foot high foyer leads into a spectacular open concept main floor with heated white oak floors & floor to ceiling windows offering stunning views of the front, side and rear gardens. Every corner of this main level offers the utmost in luxury and design, from the 180 bottle temperature controlled wine cellar to the dramatic custom fireplace in the great room. The 2nd floor is the perfect kids level, offering three large bedrooms with custom millwork, one oversized designer ensuite bathroom and additional Muskoka inspired bathroom. A dramatic double door entrance leading up to the 3rd floor reveals the ultimate primary suite. An oversized ensuite bathroom occupies the south side of this level, complete with a secondary washer/dryer set, a marble-clad hotel inspired shower and stunning brass fixtures. The bedroom and walk-in closet occupy the remainder of this level and create the perfect retreat, designed to offer privacy from the rest of the home. The backyard offers the ideal urban outdoor space, with a large elevated deck with a retractable awning over the pergola, Astroturf for ultimate year round convenience and a majestic mature tree with a swing set. Nothing left to do but move in and unpack!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-11-23 2021-11-30 7 $4,995,000 $5,200,000 Sold
Extras
Walk to Branksome Hall in minutes or coveted Rosedale Jr P.S. & T.T.C. just minutes away plus access to UCC, RSGC, OLPH, UofT & more. Steps to incredible ravines & parks or Yorkville a short 15 min stroll. - this location is triple A+.
Property Features
Park, Public Transit
Property Details
Street
Property Type
Detached, 3-Storey
Lot Size
30' x 132'
Acreage
< .50
Fronting
North
Taxes
$16,384 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
DiningMain14.67' x 16.17'Bay Window, Hardwood Floor
KitchenMain23.26' x 9.51'Open Concept, Centre Island, B/I Appliances
LivingMain15.09' x 15.26'Open Concept, Sliding Doors, W/O To Deck
Br2nd12.60' x 12.76'4 Pc Ensuite, Double Closet, O/Looks Garden
2nd Br2nd16.17' x 12.76'Double Closet, South View, Hardwood Floor
3rd Br2nd16.24' x 12.17'Double Closet, South View, Hardwood Floor
Prim Bdrm3rd13.91' x 14.50'South View, 5 Pc Ensuite, W/I Closet
RecLower16.08' x 12.07'Window
LaundryLower16.83' x 11.15'Undermount Sink, 2 Pc Bath
UtilityLower18.08' x 11.15'
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
78 Elm Ave is a 4-bedroom 5-bathroom home listed for sale at $6,295,000, which is $4,124,809 (190.1%) 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 Royal Lepage Real Estate Services Oxley Real Estate
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