183 DOVERCOURT RD., NO. 307, TORONTO
ASKING PRICE $479,900
SELLING PRICE $475,000
PREVIOUS SELLING PRICE $386,556 (2007)
TAXES $3,194 (2010)
DAYS ON THE MARKET 61
LISTING AGENT Edwin Brdlik, Toronto Lofts Realty Corp.
The Action: This two-bedroom loft in the Argyle Lofts lacked parking – like many hard lofts do in conversion projects – which was a drawback for many buyers. But three dozen buyers scheduled a showing to weigh its other assets in person.
What They Got: The Ideal Bread Co. first occupied this roughly century-old building in Beaconsfield before it was converted into residential lofts, including this roughly 1,050 square-foot unit.
Like many models, this unit was designed with a two-storey layout with a main floor bathroom, enclosed bedroom and an open kitchen and living space with hardwood floors, granite counters and stainless steel appliances, as well as warehouse windows, exposed ductwork and concrete ceilings that open to the space above.
Ceilings are over nine feet on the upper level where there is an open den and sleeping quarters with a walk-in closet and second full bathroom.
The monthly fee is $511. Street permit parking is an extra $10 monthly.
The Agent’s Take: “It’s location – being essentially in the middle of Dundas West and Queen West – is unusual, so you can walk up to Dundas or College or head out to Queen West,” agent Edwin Brdlik said. “It’s also one of the few designated heritage properties, so it has quite a bit of demand because of that. It’s a beautiful building.”
The loft itself also has rare attributes. “The bedrooms were on separate levels, as were the bathrooms, so it lends itself to some privacy, which many lofts – being open concept – don’t have,” Mr. Brdlik said. “It had 16.5-foot ceilings, so that’s unusual.”