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Staging, price cut help sell King West condo Add to ...

1 SHAW ST. NO. 120, TORONTO

ASKING PRICE $349,900

SELLING PRICE $339,900

PREVIOUS SELLING PRICES $300,000 (2007);$220,616 (2006)

TAXES $2,121 (2012)

DAYS ON THE MARKET 31

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

The Action: This one-bedroom-plus-den suite was professionally staged for the pleasure of design-savvy shoppers, including 30 who ventured to King West for a closer look. A price drop to $339,900 proved enough incentive that two buyers vied for ownership simultaneously.

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What They Got: On the south side of a seven-year-old brick building in the DNA complex, this ground-floor suite has a 660-square-foot plan with upgraded laminate floors and full-height windows in a master suite with a semi-ensuite bathroom, open kitchen and entertaining area.

That area also has an exit to a patio with a gas hookup and street access.

Parking comes with the unit, which is bound to monthly charges of $402 for water and heating, concierge and shared gym, recreation room and rooftop deck.

The Agent’s Take: “This is a very special unit because it’s one of a few on the ground floor with direct access to the street,” agent Boris Kholodov said. “It’s a unique layout for the building with an irregular sized living and dining area and a separate bedroom.”

This unit’s urban address was also a bonus. “This is one of the most popular buildings in King West with easy access to the Financial District by streetcars and within walking distance to Queen West, making it especially attractive for young professionals,” Mr. Kholodov said.

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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