53 Spruce Street, Toronto, ON
Cabbagetown-South St. James Town, Toronto · MLS® C13852852
About this home
In short
- Classic Cabbagetown Bay & Gable on a rare wide lot, just steps to Riverdale Farm.
- This 2 bedroom, 2 bath Victorian blends original character with sophisticated modern design.
- Hardwood runs throughout the home.
- The 2025 chef's kitchen has heated tile floors, walnut cabinetry, stone countertops, a gas range, a high-end hood and a dedicated coffee bar.
- Upstairs, the 2024 renovation turned one bathroom into two spa-inspired baths, each with heated floors, wall-hung toilets and integrated stone vanities.
Classic Cabbagetown Bay & Gable on a rare wide lot, just steps to Riverdale Farm! This 2 bedroom, 2 bath Victorian blends original character with sophisticated modern design. A new custom double-door entry preserves the original arch and corbels and opens to an extra-wide foyer with custom arched moulding and the restored staircase, now finished with new oak treads. Hardwood runs throughout the home. The 2025 chef's kitchen has heated tile floors, walnut cabinetry, stone countertops, a gas range, a high-end hood and a dedicated coffee bar. From the breakfast area, walk out to a deck with a gas BBQ hookup and down to a private stone patio, perfect for dining al fresco. Upstairs, the 2024 renovation turned one bathroom into two spa-inspired baths, each with heated floors, wall-hung toilets and integrated stone vanities. The primary suite has custom built-in closets with LED lighting and an ensuite with a curbless walk-in shower and freestanding soaker tub, while the second bath offers a spacious walk-in shower. All this close to TTC and the shops, restaurants and cafes of Parliament St. Don't miss your chance to own a move-in ready home in historic Cabbagetown!
Key facts
- Property type
- Townhouse, 2 1/2 Storey
- MLS®
- C13852852
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 18.17 × 70 ft
- Cross streets
- Parliament/Spruce
- Parking
- 0 parking
- Driveway
- None
- Basement
- Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Brick, Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,289 / 2026
- Days on market
- 17
- Listing brokerage
- INTERNATIONAL REALTY FIRM, INC.
Rooms
hardwood floor · closet · wainscoting
concrete floor · b/i closet · laundry sink
hardwood floor · south view · combined w/dining
hardwood floor · gas fireplace · combined w/living
heated floor · large window · w/o to deck
hardwood floor · double doors · crown moulding
heated floor · stainless steel appl · stone counters
hardwood floor · 5 pc ensuite · b/i closet
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.
Considering this property? Request a written price readThe assigned public school is Sprucecourt Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market.
Per square foot, these ask about $1,073/sqft; this home lists at $1,076/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Cabbagetown-South St. James Town, Toronto, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $1,119,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,188
- Property tax
- $607
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,796
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $24,455
- Toronto municipal land transfer tax
- $24,455
- Estimated closing costs
- $48,910
Plus your down payment of $279,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $371,295
- Principal paid down
- $136,746
- Interest paid
- $234,549
- Balance remaining
- $982,454
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of INTERNATIONAL REALTY FIRM, INC.. MLS®/PropTx.