40 Westmoreland Ave., No. 8, Toronto
Asking price: $2,185,000
Selling price: $2,150,000
Previous selling price: $899,386 (2016)
Taxes: $8,702 (2018)
Days on the market: 24
Listing and co-op agents: Paul Johnston and Matt Manuel, Right at Home Realty Inc.
The action: This four-bedroom loft had about 50 visitors file through its doors over a few weeks in April and May, including loft lovers who trekked through an ice storm to attend the open house.
“We had four groups that saw it two or more times, so we had considerable interest, but just one offer,” agent Paul Johnston said.
“It was the highest price paid for a residence anywhere in that neighbourhood and that’s proof positive people want to find unique and character-filled spaces in the downtown core.”
What they got: The more than century-old church is home to more than a dozen private residences. This 2,500-square-foot unit has a four-level plan, including a lower-level recreation room with access to two-car garage parking.
Brick walls, arched windows and white oak hardwood floors appear in many areas, while custom gas fireplaces only grace the living room and third floor master. The latter also features an ensuite bathroom, cathedral ceilings and a ladder to a loft space.
Large panes of glass line shower stalls, floating staircase and one side of a reading nook overlooking the two-storey foyer.
Monthly fees of $689 cover water.
The agent’s take: “The owners had really customized it with the architect and all the rooms were the right size and laid out the right way, which is not my experience with these conversions typically,” Mr. Johnston said.
“So it’s different in a couple meaningful ways. One is it’s a four-bedroom loft, which is really rare. We find a lot of three-bedroom layouts.”
This loft also artfully combines old and new finishes, such as beamed ceilings and sliding barn doors. “To have that much character – like the exposed brick and black metal – is pretty rare,” Mr. Johnston said.
“So this appealed to people who want a contemporary space, but something more historical, and that’s a nice combination.”