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Luxury Toronto condo gets a price chopped to sell Add to ...

33 CHARLES ST. E., NO. 4601

ASKING PRICE $1,999,000

SELLING PRICE $1,920,000

PREVIOUS SELLING PRICE $1,756,190 (2010)

TAXES $7,747 (2011)

DAYS ON THE MARKET 120

LISTING AGENTS Cameron Weir and Scott Hanton, Keller Williams Advantage Realty

The Action: This luxury penthouse in downtown Toronto was listed for nearly $2.3-million last summer. Without any written offers submitted, despite more than 100 individual and group showings, agents Cameron Weir and Scott Hanton dropped the price below $2-million and dispatched the details to their client list to find an appropriate buyer.

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What They Got: In the upper southeast corner of a 46-storey, glass tower known as Casa Condominio Residenza, this 2,006-square-foot penthouse is spread across two floors and features two terraces for a total of 1,300 square feet outdoors.

Finished two years ago, the suite features modern hardwood floors, walls of windows with automated blinds and sliding doors to a wraparound balcony from two bedrooms, the kitchen, living and dining areas.

A floating staircase leads up to a sunroom and rooftop terrace with Brazilian wood decking, a barbecue, fridge and freezer. Practical luxuries include three bathrooms, a laundry room, a ground-floor locker and two-car parking.

Each month, $1,293 pays for water and heat, 24-hour concierge and fifth-floor gym, theatre, party rooms and terrace with a heated pool, dining and lounge areas.

The Agent’s Take: “Units 42 to 46 are the penthouse levels all with 10-foot ceilings and updated appliances. [But] on the 46th floor, there are only four units with a staircase that walks up to a second level,” Mr. Weir said. “It’s one of the largest units in the building with southeast views.” Furthermore, this unit’s outdoor space is virtually unmatched. “It’s one of the only units with that much outdoor space … which was a really unique feature that you won’t find in many condos in most of Toronto, especially in central Toronto,” Mr. Weir added.

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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