1 Lomond Dr., No. 103, Toronto
Asking Price $665,000
SELLING PRICE $725,000
PREVIOUS SELLING PRICE $433,750 (2006); $323,000 (2000); $232,509 (1999)
TAXES $3,058 (2014)
DAYS ON THE MARKET Six
LISTING AGENT Terri Perras, Royal LePage Terrequity Realty
The Action: Having more than two dozen visitors tour this two-bedroom plus den suite was considered a great deal of activity for the summer market and its popularity was further confirmed with a handful of competing offers.
What They Got: On the ground floor of a 16-year-old building is this 1,247-square-foot suite with 10-foot ceilings and a 32-foot-wide terrace off an open living and dining area.
The decor was recently updated with new hardwood floors throughout, including the enclosed den, and granite counters, cork floors, stainless steel appliances and custom window seating in the galley-style kitchen.
To address cleanliness and comfort, there are two full bathrooms, a laundry room and locker down the hall and two-car parking. Monthly fees of $861 cover utilities.
The Agent's Take: "What makes this particular unit so unique in this building is that the east-side [unit] overlooks a ravine, Mimico Creek and a park, called Tom Riley Park," says agent Terri Perras, who estimates vacancies up to twice annually.
"Not only do you have a ravine setting, you have quick access to the subway and shops and what have you on the Queensway, right down the street."
This suite also exudes a sense of grandeur. "It's a ground-floor suite and there are only maybe five ground floor suites in the whole building, and it has 10-foot ceilings whereas the rest of the building has nine-foot ceilings," Ms. Perras adds.
"It also has a walkout to a terrace, which was lovely, also overlooking the courtyard and ravine."
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.