$2,388,000 - 69 Sullivan Street, Downtown Toronto
Townhouse for Sale in Downtown Toronto
37 days on market- MLS Number
- C13098480
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 37
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- ROYAL LEPAGE/J & D DIVISION
This impeccably renovated 3-storey Victorian blends timeless architecture with elevated modern design. A classic entry foyer opens to the elegant living and dining rooms anchored by 2 fireplaces, soaring ceilings, herringbone hardwood floors, custom media cabinetry and expansive windows that flood the space with natural light. The Scavolini kitchen features Calacatta marble counters, professional-grade gas range, premium appliances and oversized pantry. Open-concept family and breakfast areas offer flexible living beneath 2 skylights, with double sliding doors to a tranquil city garden with Ipe/teak deck and garage access. The 2nd floor offers 2 spacious bedrooms, open study adaptable as a 4th bedroom, renovated marble bath with heated floors and soaker tub, and serene treetop deck with CN Tower views. The 3rd floor primary retreat includes a 5-piece ensuite, Italian Poliform walk-in closet and dressing area, custom full-height privacy door, built-in cabinetry and Juliette balcony. The finished lower level adds a media room with window seat, additional bedroom, office or fitness space, 3-piece bath, laundry and abundant storage. 6 integrated flat-screen TVs with Sonos are included. Live in luxury or lease strategically - generating over $550,000 in rental income over the past 6 years. Beautifully situated in the Grange Park neighbourhood and steps to Queen West, Kensington Market, AGO, TTC and the Financial and Entertainment Districts. An exceptional offering for buyers valuing architectural distinction, cultural vibrancy and understated privacy.
Estimate your monthly payments for this property
Estimated Payment
$10,562.93/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Downtown Toronto / Waterfront
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Downtown Toronto / Waterfront offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
69 Sullivan Street, Downtown Toronto / Waterfront
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1194/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 37 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Downtown Toronto have shown strong appreciation as families seek more space.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Downtown Toronto. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $9,950 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.