Skip to main content

Done Deal, 347 Sorauren Ave., No. 107, Toronto

347 SORAUREN AVE. NO. 107, TORONTO

ASKING PRICE $699,000

SELLING PRICE $720,000

Story continues below advertisement

PREVIOUS SELLING PRICES $543,000 (2007); $459,000 (2006); $326,000 (2004); $127,679 (2000)

TAXES $3,822 (2012)

DAYS ON THE MARKET Four

LISTING AGENT Jeanette Grant, Marketpoint Realty Corp.

The Action: This three-bedroom loft had nearly 60 visitors between private showings and an open house event. Any offers were to be reviewed on a specific date, but the sellers felt the buyer who made an early bid was the right one and signed a deal at $720,000.

What They Got: Sorauren Lofts is a century-old building converted into an energy-efficient residence housing authentic work/live lofts as small as 550 square feet and as large as this ground floor unit with more than 2,000 square feet.

Original posts and beams appear throughout the two-level unit, which has a private office and bedroom with stone floors and pot lights, and an open entertaining area and kitchen with bamboo floors, 15-foot wood ceilings, a gas fireplace, double doors to a common garden, Caesarstone counters, ceramic backsplashes and stainless steel appliances.

Story continues below advertisement

The second-floor mezzanine accommodates two carpeted bedrooms, including one with a walk-in closet, and two bathrooms, one of which has laundry facilities.

The unit comes with surface parking and monthly fees of $586 to cover the cost of water, concierge, party room and tennis court.

The Agent's Take: "This is actually my favourite true hard loft conversion – formerly a ball-bearing factory – in the fabulous Roncesvalles/Junction areas," says agent Jeanette Grant.

"These units don't come available very often, and each one is unique."

For instance, this loft was memorable for its style. "I had so much interest on this stunning space – the biggest unit in the Sorauren Lofts – which appeals to artistic and creative buyers," Ms. Grant states.

"We had staged it to perfection and it had such a great vibe, it was really no wonder we had a pre-emptive offer on the day of the first open house."

Story continues below advertisement

Editor's note: The print and earlier online version of this story indicated that payment for the use of tennis courts were included in the condo fees. In fact, the courts are a public facility in the neighbouring park.

Editor's Note: Done Deals contain information gathered from real estate agents, home buyers, home sellers and sale price data that is 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.

Report an error Editorial code of conduct
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

Comments that violate our community guidelines will be removed.

Read our community guidelines here

Discussion loading ...

Cannabis pro newsletter