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Competition cuts Rosedale condo price Add to ...

300 BLOOR ST. E., NO. 1107, TORONTO

ASKING PRICE $579,000

SELLING PRICE $570,000

TAXES $3,948 (2012)

DAYS ON THE MARKET 24

LISTING AND CO-OP AGENT Elli Davis, Royal LePage Real Estate Services Ltd.

The Action: Late last year, the Bellagio residence by the Rosedale Ravine had many units listed for sale, including this two-bedroom plus den corner suite. So it took a small price reduction and more than a dozen private tours before a visitor was compelled to negotiate a deal.

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What They Got: In 2002, this over 1,100-square-foot suite was customized with granite floors in the U-shaped kitchen and hardwood floors everywhere else, from the den to an open living and dining area with an electric fireplace and a rounded balcony facing southeast.

The suite was also equipped with two four-piece bathrooms, including a master en suite, and stacked laundry machines, plus a locker and parking.

Monthly fees of $690 pay for utilities and care of guest suites, gym, pool and recreation room.

The Agent’s Take: “The Bellagio has great facilities – and they're actually redoing and updating all the facilities – and 24-hour security and visitor parking,” says agent Elli Davis. “It has easy access to the Bloor/Sherbourne subway and … Bloor Street shops.”

This unit also had everything buyers expected in the popular high-rise. “It has a nice ravine view and a balcony,” adds Ms. Davis. “The buyer was actually in the building who upgraded to this larger suite and I ended up selling theirs, which was smaller.”

Editor's Note: Done Deals contain information gathered from real estate agents, home buyers, home sellers and sale prices that are publicly available from government sources. While we try to publish Done Deals as soon as possible after the transaction has occurred, long closings can cause delays.

 

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