Go to the Globe and Mail homepage

Jump to main navigationJump to main content

20 Stewart St., Toronto.
20 Stewart St., Toronto.

Low maintenance fees helped King West condo unit sell quickly Add to ...

20 STEWART ST., No. 602, TORONTO

ASKING PRICE

$312,500

SELLING PRICE

$310,000

PREVIOUS SELLING PRICE

$190,430 (2007)

TAXES

$1,596 (2012)

DAYS ON THE MARKET

24

LISTING AGENT

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

The Action: This spring, there was no shortage of suites for sale in the popular King West community, but this older one-bedroom suite still reeled in several private showings and a crowd of three dozen at the public open house. While units can average over a month on the market, this one registered a solid proposal in just over three weeks.

More Related to this Story

What They Got: A modern mid-rise just south of King Street was designed with only 59 loft-style suites, but no recreational facilities, keeping fees to just $265 for this typical sixth-floor suite.

The roughly 500-square-foot plan was outfitted with concrete ceilings, exposed ductwork and hardwood floors from the Scavolini kitchen off the entry hallway to the open living and dining area against the wall of south-facing windows and sliding doors to a Juliet balcony.

A bedroom, four-piece bathroom and laundry facilities are hidden away within the unit, which comes with a locker.

The Agent’s Take: “This unit offers a compact, efficient, low-maintenance lifestyle at an affordable price,” says agent Boris Kholodov. “The most attractive feature – besides the space, the way it feels and the design of the building – is the … maintenance fees make carrying this property very easy.”

 

In the know

More from The Globe and Mail

Most Popular Stories