1001 BAY ST., NO. 2710, TORONTO
ASKING PRICE $799,000
SELLING PRICE $770,000
PREVIOUS SELLING PRICE $700,000 (2009); $510,000 (2007); $323,813 (1990)
TAXES $4,060 (2014)
DAYS ON THE MARKET 11
LISTING AGENT Marni Lokash, Harvey Kalles Real Estate Ltd.
The Action: This luxury two-bedroom suite was on the market for one month without any offers, so it was relisted under $800,000 with better results this summer.
What They Got: On the 27th floor of a roughly 40-year-old high-rise, this more than 1,300-square-foot suite bears southwest-facing windows throughout and a 450-square-foot balcony accessible from both bedrooms, including a master suite with a walk-in closet and one of two full bathrooms.
Entertaining and dining areas are open and visible from an updated kitchen with granite counters and stainless steel appliances.
En suite laundry facilities, a locker and parking come with the unit, along with monthly fees of $1,045 to cover water and cable, as well as a squash court and indoor pool.
The Agent's Take: "In terms of size, it was a pretty typical layout [in the building], but not typical for units being built today," says agent Marni Lokash. "As far as terraces go, this one was 450 square feet, so you can have an eating area, sitting area and lounging area, which is not typical in most condos."
The tower also has a high-standing reputation. "The services and amenities are top notch," Ms. Lokash states, praising the concierge as an example. "They've recently renovated the common spaces, lobby and some amenities."
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.