Skip to main content

110 Hepbourne St. No. 103, Toronto

ASKING PRICE $1,250,000

SELLING PRICE $1,225,000

PREVIOUS SELLING PRICEs $729,000 (2006); $484,000 (1999); $441,000 (1998); $386,000 (1992)

TAXES $6,496 (2014)

DAYS ON THE MARKET 15

LISTING AGENT Christopher Bibby, Sutton Group-Associates Realty Inc.

The Action: This authentic hard loft couldn't secure a sale three winters ago, so it was relisted with another agent – Christopher Bibby – who suggested they hold off on promotions until the spring to showcase its south-facing patio. The strategy paid off with a reasonable offer in a couple weeks.

What They Got: The latest incarnation of a former church and Toronto Maple Leafs training facility is a self-managed condominium complex with 18 lofts, including this corner model with 1,800 square feet on the main floor and 450 square feet in the basement, which has access to two-car parking.

Fourteen-foot ceilings, arched windows and transoms add drama to various rooms, such as a fireside living room next to an elevated kitchen, a dining area with a Juliet balcony and a sunken, fireside family room with an exit to the 180-square-foot patio.

There are two bedrooms, including a master with a walk-in closet and five-piece ensuite, which is the largest of three bathrooms, plus a third bedroom and sauna at the bottom of a spiral staircase behind a curved glass wall.

The unit also comes with stainless steel appliances, including a gas stove, laundry machines and two lockers, plus monthly fees of $567 that includes water.

The Agent's Take: "It did really feel like a freehold property because it was in a residential area and off a quiet street," says Mr. Bibby, who notes many conversions off major roads.

"[And] it's not a generic space, there's nothing like it in the building."

For instance, this two-storey loft's grand size and separation of spaces were among many unique attributes.

"It's very rare to have exterior space in a conversion, so it opened the doors to a lot of buyers," Mr. Bibby says.

"[Plus] I've sold quite a few lofts over $1-milllion and none of them had two parking spots. So for people looking for a freehold option, having the two spots and all the storage certainly made this an interesting option."

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.