Skip to main content

Pope Real Estate Ltd.

68 Broadview Ave, No. 417, Toronto

Asking price: $995,000

Selling price: $975,000

Story continues below advertisement

Taxes: $3,308 (2018)

Days on the market: one

Listing agent: Robin Pope, Pope Real Estate Ltd.

The action

The unit is in the Broadview Lofts building in Toronto's Riverside neighbourhood.

Pope Real Estate Ltd.

There were risks to listing this one-bedroom loft at Broadview Lofts at the tail end of November when house hunters often become preoccupied by impending holiday festivities. So agent Robin Pope decided bids would be reviewed in one week and if buyers didn’t move fast on the $950,000 price, it would be relisted at $995,000.

“Historically, Christmas is a quiet time and sometimes it comes a few weeks earlier than you expect it,” Mr. Pope said.

“While we were negotiating with a buyer – who was drawn to the listing when it was listed at $950,000 – we told them what we were going to do and followed through by relisting it … and we still got what we wanted.”

What they got

Built in a former warehouse, the unit has exposed brick walls and concrete floors.

Pope Real Estate Ltd.

This 1,022-square-foot suite with 10-foot post-and-beam ceiling, original exposed brick walls and polished concrete floor is in the original section of a former warehouse.

Story continues below advertisement

An original window abutting the new building wing was sealed up and transformed into a feature wall in the living and dining quarters. Sliding industrial doors provide privacy for a bedroom and semi-ensuite bathroom with stacked laundry machines.

A locker and parking round out the loft. Water and heating costs are covered by monthly fees of $554, as well as use of 24-hour concierge, party room and rooftop deck.

The agent’s take

The east-facing windows overlook the treetops.

Pope Real Estate Ltd.

“Most apartments, especially in this building, are long, with two windows on the end. This is a shallow and wide apartment,” Mr. Pope said.

“It has a [feature wall], a sliding door and four windows on the fourth floor facing east, so you’re overlooking treetops.”

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