160 FALLINGBROOK RD., NO. 401, TORONTO
ASKING PRICE $679,000
SELLING PRICE $650,000
TAXES $3,462 (2012)
DAYS ON THE MARKET Seven
LISTING AND CO-OP AGENTS Irene Kaushansky and Philip Brown, Keller Williams Advantage Realty
The Action: Near the Toronto Hunt Club in the Birch Cliff community, this two-bedroom corner suite was toured by about 10 buyers. Unexpectedly, a bid materialized from a person who happened to be in the boutique building.
What They Got: Less than five years ago, a six-storey midrise was built just south of Blantyre Park with more than 40 units, including this 1,517 square-foot model on the fourth floor.
Views of the park are unobstructed, especially from north and east-facing windows. The unit has sliding terrace doors, a living room with a gas fireplace, hardwood floors that extend into the dining area and kitchen with a granite-topped island.
Enclosed areas include two bedrooms, one with frosted glass entry doors, a walk-in closet and one of two full bathrooms.
A locker and parking offer storage for the unit, which is tagged with monthly fees of $420 to cover water costs to party room upkeep.
The Agent's Take: "The buyer fell in love with the light from the corner windows," says agent Irene Kaushansky.
"There are bigger units that are two-storeys and smaller units that are two-storeys, and this particular one – because of its size and the fact it's all on one level – contributed to the good use of the space."
This building's attributes were also a highlight. "Because of its size and lack of amenities, the maintenance fees were really low," Ms. Kaushansky adds.
"It's also a very green building with a green living roof that contributes to energy efficiency … efficient lighting and an on-demand hot water system, which also made it unique for a condo building."
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.