$1,199,000 - 63 Sussex Avenue, Downtown Toronto
Semi-Detached for Sale in Downtown Toronto
Popular ListingNeighbourhood: University
- MLS Number
- C13668080
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 11
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- FREEMAN REAL ESTATE LTD.
Handsome, wide Victorian semi in the heart of Harbord Village. Facing a new park and field. 3 storeys, 4 finished levels and over 3,000 sq. ft. of living space. Soaring ceilings, generous room proportions and numerous updates throughout. Owner occupied and fully vacant on closing. Currently configured as two spacious, family-sized residences. Keep as is for multi-generational living or income, live in one and rent the other, or easily return to the substantial single-family home it once was by removing the upper kitchen and opening a few small walls. Main + Lower: Spacious 2 bedroom, 3 bathroom residence. Brand-new retro-style kitchen appliances. Separate laundry. Walkout to a private, mature backyard framed by trees and privacy fencing. Upper: Bright and expansive two-level, 3 bedroom residence with high ceilings, separate laundry and multiple outdoor decks. Three rear decks nestled among the trees offer exceptional outdoor living in the heart of downtown, and overlooking an open park and green space, is a rarity in the heart of the city. Steps to U of T's St. George Campus, Bloor and Spadina, two subway lines, the JCC, Kensington Market and the restaurants and cafés of Harbord Village. A rare combination of space, income and flexibility in one of downtown Toronto's most established neighbourhoods. First home with rental income, investment, multi-generational living or one impressive family residence in a truly central and walkable location.
Estimate your monthly payments for this property
Estimated Payment
$5,303.58/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 University
University 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 University
- •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
University 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.
63 Sussex Avenue, Downtown Toronto / Waterfront
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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
Competitive Pricing
At $600/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Detached Home Advantages
Detached homes in Downtown Toronto are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Downtown Toronto.
Bathroom Count Matters
With 4 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.
About University
I know University well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $4,996 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.