16 BALMY AVE., NO. 5, TORONTO
ASKING PRICE $649,900
SELLING PRICE $642,000
PREVIOUS SELLING PRICES $500,000 (2006); $473,000 (2004); $400,000 (2002); $281,500 (1996)
TAXES $4,097 (2011)
DAYS ON THE MARKET 23
LISTING AGENT Julie Kinnear, Royal LePage Real Estate Services Ltd.
The Action: Just a five-minute walk from the beaches and boardwalk, this four-storey townhouse was closely examined by about a dozen buyers with private showing and another couple dozen shoppers and realtors who strolled through during public and agents-only open houses. Though some visitors were daunted by all the stairs to climb, especially to reach the main bathroom on the third level, an active family emerged with an offer.
What They Got: More than 30 years ago, this self-managed condominium complex was designed with six units, including this 1,670-square-foot model with street-level entry, private decks and parking. The front door opens into a living room with hardwood floors, a gas fireplace, 15-foot ceilings and full-height bay windows, as well as a back door to a locker and corridor to the common garage.
Overlooking the entertaining space is the second floor dining area and kitchen, which features stainless steel appliances, a pantry and an atrium above the double doors to the main deck.
The third floor houses laundry facilities and two bedrooms, including one with double entry doors, a wood-burning fireplace and exposed brick walls.
The master suite on the top floor has the luxury of a walk-in closet, access to one of two full bathrooms and a rooftop deck. Central vacuum and alarm systems are practical perks, along with monthly fees of $450 that covers water and cable costs.
The Agent’s Take:“This is in a great location,” says agent Julie Kinnear, who cites only one other townhouse complex in the area that is larger and in a busier pocket. “This is definitely one-of-a-kind.” This townhouse also offers many attributes rarely found in neighbouring houses, with its double height ceilings being the most obvious.
“This unit had some interesting architectural features, so it wasn’t your run of the mill house,” Ms. Kinnear said. “This one had a private drive, which was unique.”