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Done Deal, 18 Yonge St., Toronto
Done Deal, 18 Yonge St., Toronto

Renters cut a deal for Yonge street condo Add to ...

18 YONGE ST., NO. 3504, TORONTO

ASKING PRICE $484,900

SELLING PRICE $477,000

TAXES $2,571 (2011)

DAYS ON THE MARKET 37

CO-OP AGENT Ira Jelinek, Harvey Kalles Real Estate Ltd.

The Action: Agent Ira Jelinek rounded up a handful of two-bedroom suites for his clients – renters ready to buy. They negotiated a deal for this corner suite in a roughly six-year-old high-rise near the waterfront and their downtown workplace.

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What They Got: On the 35th floor of a 39-storey residence, this two-bedroom unit has a modern aesthetic with nine-foot ceilings, walls of windows, granite counters, ceramic kitchen backslashes and hardwood floors in the open living and dining area, which also has a balcony.

Two full bathrooms, including a master ensuite, and laundry facilities complete the unit, which owes $430 monthly towards water and heating costs, 24-hour concierge and upkeep of a gym, pool, party room and rooftop deck.

The unit has parking and it is an elevator ride away from street-level retail and steps from Union Station, Harbourfront, Air Canada Centre, St. Lawrence Market and the Financial District.

The Agent’s Take: “What was awesome about it was that there was a window in the kitchen, which is rare … and on the 35th floor with the lake [views], it was pretty spectacular,” Mr. Jelinek said.

“And it was a split-floor plan, so you’ve got the living/dining area in the middle and two bedrooms on either side.” The building’s attributes also scored high with the buyers. “[They] got a great unit on the 35th floor of a classy building with great amenities and concierge, and it was right downtown,” Mr. Jelinek said.

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