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The Globe and Mail

Buyer moves quickly to nab keys to Yorkville penthouse

Done Deal, 21 Scollard St., No. 707, Toronto

James J. Burry

21 SCOLLARD ST., NO. 707, TORONTO

ASKING PRICE $899,900

SELLING PRICE $895,000

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TAXES $4,855 (2011)

DAYS ON THE MARKET Three

LISTING AGENTS Brennan Aguanno and Anna Kemp, Sotheby's International Realty Canada

The Action: With several house hunters moving quickly to secure private showings of this two-bedroom penthouse in Yorkville, one savvy buyer entered a strong offer before an open house event on the weekend could be held.

What They Got: On the seventh floor of a roughly seven-year-old midrise, this 1,042 square foot suite is centred around a spacious living and dining area lavishly fashioned with hardwood floors, a gas fireplace, walls of windows and sliding glass doors to a balcony.

Overlooking the entertaining area is a U-shaped kitchen with stainless steel appliances, including a gas stove, and granite counters with an extended breakfast bar.

For optimal privacy, one side of the unit houses a guest bedroom and bathroom, while the other accommodates a master suite with a walk-in closet and a four-piece bathroom.

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En suite laundry facilities, a storage locker and two underground parking spots are included with the penthouse.

The monthly fee of $715 pays for the expense of water, heating, concierge and security services, plus recreational amenities in the building and a 36-storey high-rise on Yorkville Avenue.

The Agents' Take: "Every building only has a handful of penthouse units, which made it very attractive to buyers," says agent Brennan Aguanno. "The layout is fantastic, the location is fantastic and it's a sought-after building."

For instance, the mid-rise is often the envy of residents in the sister tower. "What is rare about this building is that it's only seven-storeys … so it's a more intimate building with less suites, which translates into shorter waits for elevators," adds Mr. Aguanno.

ONLINE

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A video of this Done Deal and an archive of many more is available at tgam.ca/donedeals

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