75 Dalhousie St., No. 703, Toronto

Asking price: $329,000

Selling price: $327,000

Taxes: $2,300 (2009)

Days on the market: 13

Listing agents: Douglas and Trevor Freeman, Freeman Real Estate Ltd.

On the seventh floor of a six-year-old condominium building downtown, an original two-bedroom-plus-den suite was converted into a more practical one-bedroom-plus-den plan, says agent Trevor Freeman.

The sole four-piece bathroom could only be reached from inside either bedroom, so the second bedroom along the window was removed to create a larger living and dining area with more natural light and access to the bathroom.

"It's a good use of space," says Mr. Freeman, who notes that other units were altered in a similar fashion. "It showed well."

A formal dining table can be placed comfortably in the area between the sliding doors to a Juliet balcony and open kitchen with breakfast bar seating.

The den by the front door offers a more private and quiet setting. "It provides that extra living space or separate work area, which a lot of people want now if they work from home or tuck away their computer stuff," Mr. Freeman adds.

The unit also comes with kitchen and laundry appliances, and underground parking.

A monthly fee of $566 covers all utilities and upkeep of shared facilities such as a gym, sauna, party room and rooftop deck and garden.

The surrounding area is also filled with amenities and attractions, including the Eaton Centre, theatres and subway stations, as well as restaurants and supermarkets. "The location is becoming more desirable," Mr. Freeman says.