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Updates give Bathurst loft an edge with buyers

60 BATHURST ST. NO. 512, TORONTO

ASKING PRICE $564,800

SELLING PRICE $553,500

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PREVIOUS SELLING PRICEs $547,500 (2011); $535,000 (2010) ; $353,762 (2009)

TAXES $3,054 (2012)

DAYS ON THE MARKET 24

LISTING AGENT Ira Jelinek, Harvey Kalles Real Estate Ltd.

The Action: Agent Ira Jelinek often creates video tours for properties he lists, but the one shot for this one-bedroom plus den corner suite at Sixty Lofts really hit a nerve, prompting more than a dozen buyers to book in-person visits. One visitor came back with a negotiable offer even with a pair of identical suites – both staged – available in the same building.

What They Got: About five years ago, this fifth floor suite was given the feel of a hard loft with 10-foot, exposed concrete ceilings and open concept living and dining area with a Juliet balcony.

Bringing warmth to the space is a wall of windows facing south-east and bamboo wood floors from the master suite to a kitchen decked out with stainless steel appliances, white lacquer cabinetry and an eight-foot long island with seating.

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Supporting elements include two bathrooms and en-suite laundry facilities, along with a locker and parking. Monthly fees are $505.

The Agent's Take: "In this little pocket, everyone does the same type of … lofty look with exposed concrete ceilings and a really modern look," says Mr. Jelinek. "What set ours apart is we had a lot of updates and it was done to the nines."

In addition, buyers were happy only to have a shared party room and rooftop terrace on site. "The maintenance fees are pretty affordable because it's bare bones – you don't have a gym, pool or concierge," Mr. Jelinek adds. "That's pretty appealing for people who don't want that type of stuff."

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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