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Downtown Toronto condo sits two months but finds a buyer Add to ...

112 GEORGE ST., NO. 417, TORONTO

ASKING PRICE $439,900

SELLING PRICE $432,000

PREVIOUS SELLING PRICE $270,956 (2010)

TAXES $2,105 (2012)

DAYS ON THE MARKET 56

LISTING AGENT Boris Kholodov, Royal LePage Real Estate Services Ltd., Johnston and Daniel Division

The action: In the three-year-old Vu high-rise kitty-corner to St. James Cathedral and Park, this two-bedroom suite had about 30 showings and a strong offer within two months.

What they got: This nearly 830-square-foot unit on the fourth floor of a condominium complex occupying an entire city block exudes modernity with 10-foot ceilings, full-height windows and hardwood floors in an open living and dining area with sliding balcony doors.

Off the foyer, there is a kitchen with an island and appliances along one wall, as well as a five-piece bathroom with laundry facilities and a second entry point into a master suite with sliding bedroom doors.

The unit comes with parking and monthly fees of $444 for water and heating, concierge, fitness and party rooms.

The agent’s take: “It is close to the Financial District, the St. Lawrence Market and other desirable amenities,” says agent Boris Kholodov. “People like this building because it offers a balance between the amount of services and facilities available to condo owners and a relatively affordable level of maintenance fees compared to other buildings in the same location.”

Though this unit is on a lower level, other features compensated for that. “It overlooks the façade of a historic building across the street, so the view was quite pleasant,” Mr. Kholodov adds.

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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