38 ELM ST., NO. 3401, TORONTO
ASKING PRICE $349,900
SELLING PRICE $340,000
PREVIOUS SELLING PRICE $310,000 (2009); $185,000 (2000); $186,064 (1991)
TAXES $1,873 (2011)
DAYS ON THE MARKET 26
LISTING AGENT Boris Kholodov, Royal LePage Real Estate Services Ltd., Johnston and Daniel Division
The Action: Roughly 20 buyers signed up for a personal tour of this one-bedroom penthouse in a high-rise built more than 20 years ago.
What They Got: Windows facing northwest allow natural light to flood this 697-square-foot suite, which features marble flooring in the kitchen and hardwood floors in the living room and open dining area.
Practical components include a four-piece bathroom, appliances for cooking and cleaning, in addition to a locker and underground parking.
The monthly fee is $433 including utilities.
The Agent’s Take: “This unit is on the top floor of 38 Elm – formerly known as the Minto Plaza – so it offers unobstructed, panoramic views of the city,” says agent Boris Kholodov.
“It’s a very well-built building. In the lobby, you see generous-sized slabs of granite, which were there since it was built. Unfortunately, finishes like that are not available any more in newer buildings.”
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