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Sleek downtown Toronto loft sells in a week Add to ...




PREVIOUS SELLING PRICE $330,000 (2004); $120,022 (2001)

TAXES $2,983 (2013)


LISTING AGENT Christopher Kowal, Royal LePage Urban Realty;

CO-OP AGENT Melissa Traina, Royal LePage Your Community Realty

The Action: Late last year, there were a pair of two-bedroom suites for sale at the Merchandise Lofts. Though this fourth-floor model had one less parking spot than the other, it sold in a week.

What They Got: In the shorter section of the former Simpson warehouse, this 1,000-square-foot suite was stylishly finished with custom painted concrete 14-feet above and glossy black wenge hardwood floors in areas like the living and dining area and granite counters and stainless steel appliances in the open kitchen.

Providing solitude are two bedrooms, including one with a walk-in closet and one of two full bathrooms.

A locker and parking spot offers storage for the loft, which owes monthly dues of $745 for heating and water costs, concierge services and upkeep of a rooftop deck, pool, fitness and party facilities.

The Agent’s Take: “This unit is distinct because of the finishes, particularly the gleaming wenge – also known as African rosewood – hardwood floors as well as a number of other features,” says agent Christopher Kowal. “The other thing was the height of the ceilings … and the colour palette the owners chose.”

This loft was also ideally situated. “This is a corner unit, so it has seven huge windows facing west and south and has a terrific view of the city,” Mr. Kowal states.

“The location is quite amazing, you could walk to everything … the TTC and Eaton Centre is right there and at the base of the building is a Metro grocery store.”

Follow Globe Real Estate @dmcgovern

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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