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Royal LePage Signature Realty /Royal LePage Signature Realty

209 Fort York Blvd., Unit 163, Toronto

Asking price: $549,000

Selling price: $675,000

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Previous selling price: $385,000 (2013); $317,733 (2011)

Taxes: $2,447 (2018)

Days on the market: six

Listing agent: Luke Fraser, Royal LePage Signature Realty

The action

The building has partnered with Airbnb for increased security for short-term rentals.

Royal LePage Signature Realty /Royal LePage Signature Realty

Given the convenience of online house hunting, getting 70 buyers to physically visit this two-bedroom ground floor suite was a major feat in October.

“The condo market is still on fire, due to affordability,” agent Luke Fraser said.

“Not every condo is going to get 12 offers like this. A lot of it was due to the preparation and presentation of the unit. We made it look as good and appealing as possible.”

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What they got

The suite has a southwest-facing terrace.

Royal LePage Signature Realty /Royal LePage Signature Realty

Seven years ago, this 775-square-foot corner suite was designed with modern appointments, such as granite counter top and stainless-steel appliances in the cooking quarters, as well as wall-to-wall windows and sliding doors to a southwest-facing terrace.

The unit comes with two bathrooms, including a master ensuite, laundry facilities, a locker and parking. Monthly fees of $580 cover water and heating bills, as well as concierge and upkeep of common areas like the pool.

The agent’s take

“It’s not really common downtown to have a terrace that size, especially for less than $700,000,” Mr. Fraser said. “The actual floor plan was good, and it felt really open.”

This building and its sister tower – at 215 Fort York – also forged strong reputations. “These are the first buildings in Canada to partner with Airbnb for added security for short-term rentals, which brings a million-dollar liability insurance to all the condos in there,” Mr. Fraser said.

“It’s ideal for some investors looking to get into the short-term rental market.”

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