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High demand for High Park condo drives up price Add to ...

383 ELLIS PARK RD., NO. 101, TORONTO

ASKING PRICE $998,000

SELLING PRICE $1,125,101

PREVIOUS SELLING PRICE $744,340 (2007)

TAXES $6,594 (2012)

DAYS ON THE MARKET 10

LISTING AGENT Andrea Morrison, Royal LePage Real Estate Services Ltd.

The Action: Each year, only a few units become available in a mid-rise building on the edge of High Park. So the last three units listed by agent Andrea Morrison have sold in bidding wars, including this two-storey suite, which recorded more than 30 showings and two competing offers.

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What They Got: A seven-year-old building developed by Context Developments contains over 40 one and two-storey suites, including this 1,825-square-foot model with wood floors and south and east-facing windows throughout.

This unit is entered from the second floor, where there are laundry facilities and two bedrooms, both with full bathrooms and one with his-and-hers closets.

A set of stairs leads down to an open living and dining area with patio door, an enclosed family room and a U-shaped kitchen with granite counters and stainless steel appliances, including a gas stove.

A third bathroom, a locker and two parking spots complete the unit, which owes monthly fees of $1,466 to cover water, heating and concierge services, as well as upkeep of a gym and party room.

The Agent’s Take: “It’s an iconic building … probably the most sought after building in Bloor West Village,” agent Andrea Morrison said. “There are only 42 units and it’s in the northwest corner of High Park, so the south and east parts of the building are on the park, so it’s phenomenal. It’s like living in the park.”

This unit is also several hundred feet larger than neighbouring suites. “This is a big one and it’s also on two levels, so it was like living in a townhouse, and like living in Muskoka because you’re looking into the park,” Ms. Morrison said. “So it’s a very special and beautiful space.”

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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