Skip to main content

Toronto Real Estate Buyer moves quickly to secure two-bedroom condo in downtown Toronto

Jordan Prussky

47 Lower River St., No. 346, Toronto

Asking price: $775,000

Selling price: $770,000

Story continues below advertisement

Previous selling price: $419,153 (2013)

Taxes: $3,091 (2018)

Days on the market: Two

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

The action

The unit comes with stainless-steel kitchen appliances and laundry machines.

Jordan Prussky

In November, barely 48 hours passed before a quick-thinking buyer filed a bid for this two-bedroom-plus-den suite at River City near the former Pan Am Games site.

“There were a lot of one-bedroom and one-bedroom plus dens being offered, so the fact we came out with a two-bedroom and two-bathroom [unit] is uncommon,” agent Christopher Bibby said.

“There are a lot of couples being priced out of the housing market or empty-nesters looking to downsize, so we’re seeing a real spike in demand for two-bedroom suites.”

What they got

The master bedroom has a walk-in closet and private bathroom.

Jordan Prussky

Montreal firm, Saucier + Perrotte Architectes, designed the multiphase community where this 865-square-foot suite boasts nine-foot ceilings and a balcony off the principal room.

Hidden out of sight is a den at the entryway into the master bedroom with a walk-in closet and private bathroom.

Stainless-steel kitchen appliances and laundry machines round out the unit. The condo also comes with a locker, two bike racks and a parking spot. Monthly fees of $516 cover concierge and upkeep of a gym, party room and outdoor pool.

The agent’s take

“River City is one of the hottest pockets in all of downtown Toronto, especially in the condo market,” Mr. Bibby said.

“That east hub along the Don River is highly in demand. It has more of a community feel and there are not a lot of investors.”

The five-year-old mid-rise is also renowned for its edgy design. “The layout isn’t typical because the master was on a 45-degree angle along the windows,” Mr. Bibby said.

Story continues below advertisement

“The finishes were very modern with white oak hardwood floors, a very modern kitchen and sleek spa-like bathrooms with dark grey slate tiles.”

Report an error Editorial code of conduct

For sale in this area

View similar listings below. Clicking on the map will take you to the listings below.

Open this photo in gallery: Gallery photo 1
699800.00
#706 -32 TROLLEY CRES, Toronto, Ontario
Bedrooms
2
Bathrooms
2
Building Type
Condo/Strata
Property Type
Single Family
River City, 1 Bedroom + Den With 2 Bathroom Condo With A Breathtaking South East View ***Large Den Can Be Used As 2nd Bdrm With A Large Window*** 9 Ft Ceiling, Hardwood Floors Throughout, Lots Of Windows, Modern Kitchen With S/S Appliances, Generous Size Bedrooms, Master With 4Pc Ensuite. Amazing Amenities Including Fitness/Cardio Party/Media Lounge Outdoor Pool & Much More.**** EXTRAS **** S/S Appliances, Fridge, Stove, Combined Washer/Dryer, Dishwasher & Microwave, 1 Parking Included. ***Large Den With Window Can Be Used As 2nd Bedroom*** (id:31729)
MLS® Number C4443384
Salesperson RYAN ABBASSI
Brokerage RE/MAX HALLMARK REALTY LTD.
Open this photo in gallery: Gallery photo 1
749000.00
#5 -388 QUEEN ST E, Toronto, Ontario
Bedrooms
3
Bathrooms
1
Building Type
Condo/Strata
Property Type
Single Family
Over 2000 Square Feet Of Live Work Space At Only $363/Square Foot In Downtown To, Now That Is Exciting! This Two Level Condo With It's Own Private Front Door Off Treffan In Corktown Is Perfect For A Design Firm, Tech Start-Up, Or Any Other Creative Entrepreneur. Steps To Canary District, The Distillery, St Lawrence Market, George Brown College And Surrounded By Many New Exciting Condo Projects. A Fantastic Time To Buy Into A Rapidly Developing Neighbourhood.**** EXTRAS **** Tons Of Space For An Amazing Price With Very Low Maintenance Fees & Low Heating Costs. Lower Level Has 9 Foot Ceilings & Ample Storage Space. See Attached Floor Plans. (id:31729)
MLS® Number C4437628
Salesperson REBECCA DAWN LAING
Brokerage RE/MAX HALLMARK REALTY LTD.
Open this photo in gallery: Gallery photo 1
755000.00
#405 -875 QUEEN ST E, Toronto, Ontario
Bedrooms
2
Bathrooms
1
Building Type
Condo/Strata
Property Type
Single Family
Exceptional Offering In Gentrified Leslieville. One Of The First Units Sold By Builder,Stunning Unobstructed,Quiet & Sunny South Views From One Of The Largest Terraced Units Offered In This Boutique 122 Unit Building.Spacious 833Sqft. Total Floor Plan (697+136 Terrace) Den Could Be A 2nd Bedroom. Ensuite Laundry! 9 Ft Ceilings! Parking And Locker Inc. Unit Not Abutting Garbage/Elevator Chute. Finishes, Attributes,Floor Plan & Keyplan Available.Occupy May 22!**** EXTRAS **** Assignment Sale. Occ. May 22, 2019.Dishwasher,Fridge,Stove,Hood Fan,Washer,Dryer.1 Parking & 1 Locker Inc.This Unit Has Water & Gas Inc. & A Private Terrace Gas Connection.Not Abutting Stairwell,Elevator Or Garbage Shaft.Starbucks In Lobby! (id:31729)
MLS® Number E4430020
Salesperson ANDRE FREHN
Brokerage RE/MAX REALTY ENTERPRISES INC.
Open this photo in gallery: Gallery photo 1
569900.00
#527 -55 REGENT PARK BLVD, Toronto, Ontario
Bedrooms
2
Bathrooms
2
Building Type
Condo/Strata
Property Type
Single Family
Very Nice 1+1 Bdrm. Unit With Great West Views. Newer Building Many Amenities. Convenient Location!!**** EXTRAS **** Buyer/Buyer's Agent To Verify All Measurements, Taxes, Maintenance Fees, Etc. Seller/Seller's Agent Makes No Representations Or Warranties. (id:31729)
MLS® Number C4439251
Salesperson CHRIS KELOS
Brokerage RE/MAX HALLMARK CORBO & KELOS GROUP REALTY LTD.
Open this photo in gallery: Gallery photo 1
597000.00
#603 -55 REGENT PARK BLVD, Toronto, Ontario
Bedrooms
2
Bathrooms
1
Building Type
Condo/Strata
Property Type
Single Family
Very Bright South Facing Unit With Unobstructed City View 687 Square Feet Of Living Space In One Park South. 9 Ft Ceilings Offer Great Volume To The Space With Large Windows With Custom Window Coverings O/Looking The City & Park. Den Can Be Used As A Separate Bedroom. Engineered Hardwood Floors Throughout Newer Paint Throughout. Granite Counter Tops In The Kitchen With Ss Appliances. Laundry Room Has Front Loading Washer And Dryer. Amazing Building Amenities.**** EXTRAS **** Electrical Light Fixtures, Fridge, Stove, Microwave, Washer, Dryer, Parking, And Locker (id:31729)
MLS® Number C4448299
Salesperson ADAM LOCKE
Brokerage HARVEY KALLES REAL ESTATE LTD.
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.

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 .

Discussion loading ...

Cannabis pro newsletter