Skip to main content

Re/Max Hallmark Bibby Group Realty

90 Sherbourne St., No. 605, Toronto

Asking price: $899,900

Selling price: $875,000

Story continues below advertisement

Previous selling price: $542,000 (2011); $490,000 (2009); $385,000 (2005); $295,000 (2001); $225,000 (1999)

Taxes: $3,492 (2018)

Days on the market: 34

Listing agent: Christopher Bibby, Re/Max Hallmark Bibby Group Realty

THE ACTION

'If you want to be in the St. Lawrence Market or Moss Park area, this building is one of your only [loft] options,' the agent said.

Re/Max Hallmark Bibby Group Realty

This penthouse at Imperial Lofts had over two dozen showings, but to intensify buyers’ interest in November - a month into the marketing campaign - it was de-cluttered, staged and re-photographed.

“We had a plan in place that if it didn’t sell by the time [the sellers] moved, we already had the stager booked,” said agent Christopher Bibby.

“We ended up having two parties interested in the property, both of which had already seen it. The one who ended up buying it came by right as the stager was walking out the door and we had an offer later that afternoon.”

Story continues below advertisement

WHAT THEY GOT

Multi-paned windows line the triangular-shaped bedroom and open living and dining areas.

Re/Max Hallmark Bibby Group Realty

Ten-foot ceilings, wood posts and beams, hardwood floors and exposed brick wall are remnants of a former optical warehouse now home to many lofts, like this 1,042-square-foot penthouse.

Multi-paned windows also line the triangular-shaped bedroom and open living and dining areas. Set further back is a den and cooking quarters, as well as a recently updated bathroom.

The loft includes a locker and parking. Each month, $672 is due for water and heating costs, as well as maintenance of common areas, such as the rooftop terrace.

THE AGENT’S TAKE

“If you want to be in the St. Lawrence Market or Moss Park area, this building is one of your only [loft] options,” said Mr. Bibby.

“What attracted people to this particular space was that it’s south-facing, so there was lots of natural light, and it was on the top floor with a partial west exposure, so you had views of the CN Tower and Financial District.”

Your house is your most valuable asset. We have a weekly Real Estate newsletter to help you stay on top of news on the housing market, mortgages, the latest closings and more. Sign up today.

Report an error Editorial code of conduct
Comments

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • All comments will be reviewed by one or more moderators before being posted to the site. This should only take a few moments.
  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

Comments that violate our community guidelines will be removed. Commenters who repeatedly violate community guidelines may be suspended, causing them to temporarily lose their ability to engage with comments.

Read our community guidelines here

Discussion loading ...

Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.
Cannabis pro newsletter