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Two bidders vie for Bayview low rise condo Add to ...

1818 BAYVIEW AVE., NO. 405, TORONTO

ASKING PRICE $474,900

SELLING PRICE $511,000

PREVIOUS SELLING PRICE $259,000 (1999)

TAXES $3,169 (2013)

DAYS ON THE MARKET Eight

LISTING AGENT Kara Reed, Chestnut Park Real Estate Ltd.

The Action: The 22-year-old Bayview Walk is a landmark low-rise building that presents opportunities to move in just a few times a year, so two dozen shoppers cruised through this two-bedroom unit during public open houses and private showings. A couple of visitors fought to produce the best bid on the offer date late last year.

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What They Got: Suites in Bayview Walk are typically well-finished, as is this 1,306-square-foot unit, with crown mouldings and new hardwood floors in the fireside living room and dining area and upgraded stone counters and stainless steel appliances in the kitchen.

Grouped to one side of the unit is a laundry room, newly carpeted bedroom and master suite with his-and-her closets and one of the unit’s two bathrooms.

Extras include a central vacuum system, locker and parking, plus monthly fees of $697 distributed towards the cost of water and upkeep of a gym, party room and rooftop deck with barbecue stations.

The Agent’s Take: “Everyone who came to see it knew that building because rarely does anything come up in there,” agent Kara Reed said. “It’s close to grocery stores and all amenities that you can walk to.”

For that reason, an older demographic like this building and this unit. “The unit showed nicely and it was updated,” Ms. Reed 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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