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Buyer cuts under-asking deal on East York condo Add to ...

1048 BROADVIEW AVE., Unit 2405, TORONTO

ASKING PRICE $839,000

SELLING PRICE $795,000

PREVIOUS SELLING PRICE $578,760 (2010)

TAXES $4,052 (2014)

DAYS ON THE MARKET 19

LISTING AGENTS Mark, Jeff, Paul and Norah Oulahen and Thanh Nguyen, Re/Max Realtron Realty Inc.

The Action: Perched on the edge of the Don Valley ravine, overlooking Todmorden Mills, Minto Skyy had a small number of residents wanting to vacate the premises. But none was like this two-bedroom-plus-den corner suite, so it banked 10 showings and a negotiable offer by the third week of exposure.

What They Got: The 24th floor of a roughly five-year-old high-rise is reserved for just five suites, including this 1,347-square-foot corner model with nine-foot ceilings, laminate floors and walls of windows in every room, but the den, three bathrooms and a laundry room.

The sleeping quarters – both with private bathrooms – are separated by an open living, dining and cooking space appointed sliding balcony doors, a kitchen island, granite counters and stainless steel appliances.

The unit comes with a locker, parking and monthly fees of $795 to cover water, 24-hour concierge, fitness, media and party facilities.

The agent’s take: “It’s a very unique unit because of the size of it: it’s 1,347 square feet with a 109 square foot balcony,” agent Paul Oulahen says.

“And it was upgraded through the builder with high-end appliances, all stainless steel, modern plumping fixtures and all laminate hardwood flooring.”

This unit’s surroundings was also picturesque and practical. “The views you get are west, northwest and some of the city skyline, so the views are great,” Mr. Oulahen states.

“This was built by Minto – one Canada’s leader in green construction – so it’s a very efficient building as well, and it’s walking distance to the Danforth, subway and highway, so the location is great.”

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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