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Done Deal, 301 Markham St., unit 304, Toronto
Done Deal, 301 Markham St., unit 304, Toronto

Little Italy loft bidder meets asking price Add to ...

301 MARKHAM ST., NO. 304

ASKING PRICE $549,800

SELLING PRICE $549,800

PREVIOUS SELLING PRICES $479,000 (2010); $257,800 (2002)

TAXES $4,200 (2012)

DAYS ON THE MARKET 14

LISTING AGENT Ira Jelinek, Harvey Kalles Real Estate Ltd.

The Action: This two-bedroom corner suite at Ideal Lofts in Little Italy was toured by more than a dozen shoppers over two weeks, but the buyer was actually among the first few to request a private showing.

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What They Got: The brick-and-concrete, mid-rise building contains loft-inspired suites, like this 1,009-square-foot unit on the third floor designed with nine-foot ceilings and walls of windows in the bedrooms and open living and dining area, which all have walkouts to a balcony.

Keeping things clean is made easy with two bathrooms, ensuite laundry facilities and a kitchen finished with hardwood floors, stainless steel appliances and Caesarstone counters and island. The unit comes with a locker, but parking is rented monthly at $120.

Monthly maintenance fees of $631 cover water and heating costs, as well as a party room and visitor parking. A Shoppers Drug Mart is located at the base of the building, which is steps from streetcars, restaurants and bars.

The Agent’s Take: “College Street doesn’t have many condos and lofts, so this is in a real special area. People love Little Italy,” says agent Ira Jelinek. “There’s nothing typical in that building, [the units] are all different. This one was in high demand because it has two bedrooms, two washrooms and a balcony. It was a good corner unit.”

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