210 AVENUE RD., NO. 7, Toronto
ASKING PRICE $639,000
SELLING PRICE $639,000
TAXES $3,138 (2011)
DAYS ON THE MARKET Seven
LISTING AGENT Christopher Kowal, Royal LePage Urban Realty
The Action: Some 16 potential buyers requested private tours of this three-storey townhouse, which is part of a unique collection of rarely-available condominium townhouses above a row of street-level shops.
What They Got: In 1981, a low-rise building was constructed with five townhouses facing east and five townhouses oriented west, including this roughly 1,400-square-foot unit with a rooftop terrace and entries from Avenue Road and the rear parking area.
The main level has open living and dining areas with a Juliet balcony, ceramic floors and a pass- through window to a remodelled kitchen with tumbled marble backsplashes, granite counters and stainless steel appliances.
Laundry facilities are located on the second level along with newly carpeted bedrooms and the larger of two refinished bathrooms.
A third-floor den features a skylight and sliding doors to a terrace with wood floors and a built-in bar.
Monthly fees of $475 cover the cost of water.
The Agent’s Take: “It’s 1,400 square feet for $639,000 – so that’s less than $500 per square foot – plus it had a large terrace, and the location is pretty incredible on the border of Yorkville and the Annex, right by the shops at Avenue and Davenport,” says agent Christopher Kowal. “So it was a fantastic location for the money and for the amount of room that you got.”
Upgrades also made this unit more marketable.
“My clients redid their kitchen and bathrooms in 2008, so it showed very well,” Mr. Kowal adds.
“There was one up for sale last fall that didn’t sell because they hadn’t updated anything.”