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Early offer for Yorkville condo rejected Add to ...

38 AVENUE RD., NO. 305, TORONTO

ASKING PRICE $1,095,000

SELLING PRICE $1,025,000

TAXES $7,430 (2011)

DAYS ON THE MARKET 116

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

The Action: Late last year, this two-bedroom corner suite was among several units up for sale in the Prince Arthur residence near the Royal Ontario Museum. Like many units, this one spent a few months on the market as an early offer was turned down in hopes of a more favourable proposal for the sellers.

What They Got: In the southeast corner of a prestigious residence built in 1999, this third-floor suite maintained its original 1,360-square-foot plan, with two carpeted bedrooms with full bathrooms, a kitchen with ceramic floors and an open living area and a dining room with wood floors.

The unit comes complete with a powder room, cooking and cleaning appliances, plus a locker and underground parking spot.

Monthly fees are $1,176, plus heat and hydro. Concierge and valet parking are on site, as well as a gym, recreation room and 10th-floor terrace.

The Agent’s Take: “It has a very traditional layout with a separate eat-in kitchen and a formal foyer,” agent Boris Kholodov said. “This would be smaller than most suites in the building, but not by much.”

In many respects, this unit was also in a prime position “facing the old Four Seasons hotel and Prince Arthur Avenue,” Mr. Kholodov said. “[Plus] it’s a building known for a high level of service offered by the staff.”

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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