Done Deal, 100 Quebec. Ave. , Toronto
100 QUEBEC AVE., NO. 310, TORONTO
ASKING PRICE $419,000
SELLING PRICE $451,099
PREVIOUS SELLING PRICE $266,000 (2004)
TAXES $2,472 (2012)
DAYS ON THE MARKET Eight
LISTING AGENT Helen Knowlton, Royal LePage Real Estate Services Ltd.
THE ACTION: Located in the trendy High Park neighbourhood, this two-bedroom suite had over 70 visitors at two weekend open houses and 15 private showings. According to agent Helen Knowlton, the scarcity of properties available this spring – especially affordable and spacious ones in a prime location like this – likely caused the high volume of interest that resulted in a bidding war between five bidders.
WHAT THEY GOT: Situated in an over 30-year-old high rise, this third floor unit features an updated kitchen, a separate entertaining and dining area with a walkout to a wide balcony and two bedrooms, including a master suite with his and her closets flanking the path to the one of two recently remodelled bathrooms.
Five appliances, including stacked laundry machines, a locker and parking spot come with the suite.
A monthly fee of $675 pays for water, hydro and cable, along with the upkeep of amenities, such as two outdoor tennis courts, a pool and gym.
THE AGENT'S TAKE: "The older buildings in the High Park area offer tremendous value on a cost per square foot basis. Two-bedroom suites are approximately 1,000 square feet, which is generous by today's new construction standards, and most suites have large balconies," says Ms. Knowlton.
"[This]suite offers a 150-square-foot, west-facing balcony with amazing sunsets and beautiful treetop vistas, [and]a wall of glass from the L-shaped living and dining room allows tremendous natural light to stream into the suite."
This property's value also lies in its convenient address. "Just steps to the High Park subway and minutes to the Lakeshore and Gardiner, this is a prime location," says Ms. Knowlton. "The area offers easy access to the Lakeshore waterfront trails, excellent neighbourhood shops and an assortment of restaurants."