55 STEWART ST., NO. 637, TORONTO
ASKING PRICE $759,900
SELLING PRICE $725,000
PREVIOUS SELLING PRICE $463,798 (2010)
TAXES $4,237 (2014)
DAYS ON THE MARKET 12
LISTING AGENT Scott Shallow, Brad J. Lamb Realty Inc.
The Action: At the tail end of the summer, the Thompson Residences had a few suites on the market. Some models need a month of marketing, but this two-bedroom unit owned by agent Scott Shallow was more stylish and a deal was struck after just two showings.
What They Got: A few years ago, Freed Development completed a mixed-use project home to the Thompson Hotel, restaurants and private residences, such as this 1,200-square-foot unit upgraded with hardwood floors, custom lighting and tub tiles up to the ceiling in two personalized bathrooms, including one with a television built into the cabinetry.
The layout is modern with open living and dining area with sliding balcony doors and a wall of south-facing window, as well as a Poggenpohl kitchen off to one side with an island, gas hookup and stainless-steel appliances, including Bosch and Faber brands.
Hidden away are two bedrooms, including a master suite with a walk-in closet and bathroom, in addition to a locker and parking spot downstairs.
Monthly fees of $758 cover services and amenities.
The Agent's Take: "My house looks like an unbelievable showroom," says the owner and realtor, who negotiated for higher-calibre features directly from the builder. "[Plus] finding an apartment that has a protected view and faces over a park is a very rare thing in the city of Toronto."
Furthermore, residents have access to a long list of attractions. "The amenities are fantastic – there is a rooftop pool with a restaurant so you can get food or a drink up there," Mr. Shallow adds.
"Living in a hotel environment where you have activities all around you – you can go down to have something to eat or order room services to your apartment – is a very appealing thing. It's a great lifestyle."
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.