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The Globe and Mail

Small Toronto condo sells on luxury credentials




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TAXES $1,928 (2012)


LISTING AGENT Harman Atkins, HomeLife Cimerman Real Estate Ltd.

The Action: Private appointments provided the only avenue to tour this one-bedroom plus den suite midtown, which sold close to the asking price after a handful of showings.

What They Got: Just more than a year ago, this second-floor suite in a new luxury high-rise was outfitted with upgraded features, such as designer tile backsplashes, stainless-steel kitchen appliances and plank laminate flooring.

Natural light floods the living and dining area and master suite through floor-to-ceiling windows and sliding doors to a 24-foot-long balcony.

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Supporting elements include a four-piece bathroom and laundry room, plus a locker.

Monthly fees of $288 cover heating costs, concierge and amenities, like a gym, theatre and rooftop deck on the 20th floor.

Local attractions include shops, restaurants and cinemas on Yonge, along with the subway.

The Agent's Take: "It's a very nicely designed building. It has the aesthetic of a hotel spa more than a condo," says agent Harman Atkins. "This building is located literally steps from all the action of the Yonge and Eglinton area … but the building is situated on a tree-lined side street in a very residential setting, away from the noise and traffic."

This unit's design was also of high interest to buyers. "It was a small unit – under 600 square feet – but it had a functional layout that included a small den," says Mr. Atkins. "Not all units include a balcony this size – over 24 feet long – with two walkouts."

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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