Yonge Street condo gets price knock-down

Special to The Globe and Mail

Done Deal, 2181 YONGE ST., NO. 1905, Toronto

2181 YONGE ST., NO. 1905, TORONTO

ASKING PRICE $725,000

SELLING PRICE $690,000

PREVIOUS SELLING PRICE $417,506 (2007)

TAXES $4,269 (2010)

DAYS ON THE MARKET One

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

The Action: This two-bedroom plus den corner suite in the Quantum community was staged before 40 house hunters dropped in for a showing.

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What They Got: On the upper floors of a four-year-old high rise, this 1,200-square-foot suite is flooded with natural light from floor-to-ceiling windows throughout and sliding balcony doors from the living and dining area and the kitchen.

Private areas include a den and two bedrooms, as well as two full bathrooms and laundry facilities.

The decor is upscale with granite kitchen counters and stainless steel appliances.

Much of the monthly fee of $708 goes to maintaining award-winning facilities including a gym, indoor pool and party room, in addition to concierge services.

The unit comes with a locker and parking. However, the building is within steps of trendy shops, restaurants and movie theatres, along with a 24-hour supermarket and Yonge subway line.

The Agent’s Take: “This is a southwest corner unit in the south tower of the Quantum development at Yonge and Eglinton,” says agent Boris Kholodov. “It’s a highly desirable layout in the most desirable building midtown.”

In respect to its design, buyers appreciated the mix of open and enclosed spaces. “The bedrooms are on separate sides of the unit, which is what most people prefer,” says Mr. Kholodov. “There is a very large, open living and dining area and the kitchen has a large window, which is not common in condominiums these days.”

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