Skip to main content
done deal

The kitchen has granite counter tops and stainless-steel appliances.

8 Charlotte St., No. 2009, Toronto

Asking price: $579,000

Selling price: $685,000

Previous selling price: $369,852 (2013)

Taxes: $2,873 (2017)

Days on the market: Three

Co-op agents: Rebecca Dunlop and Pierre Carapetian, Re/Max Hallmark Pierre Carapetian Group Realty

The coveted Charlie condo tower in Toronto's Entertainment District.

The action: Agent Rebecca Dunlop spent about half a year scrutinizing downtown properties for first-time buyers. By April, they were determined to buy this one-bedroom-plus-den unit in a coveted tower, called Charlie.

“It’s a one-bedroom-plus-den, so those are pretty popular, and 8 Charlotte is pretty popular; a well-known building, so there’s always a lot of demand,” agent Rebecca Dunlop said.

“With an offer date, it’s pretty well known that there’s going to be multiple offers.”

What they got: On the 20th floor of a roughly five-year-old high-rise, this 663-square-foot suite benefits from southwest-facing windows in the den and open living and dining area. The latter also has a walkout to the balcony.

The bedroom sits behind sliding doors. The kitchen has granite counter tops and stainless-steel appliances.

The unit comes with ensuite laundry facilities, a storage locker and parking. Monthly fees of $469 cover water, heating, 24-hour concierge and use of the outdoor pool, lounges, fitness, billiards and party rooms.

The agent’s take: “It’s built really well with a classic design, and the interiors are beautiful,” Ms. Dunlop said.

“[The buyers] work on Bay Street, so they wanted to be walking distance to their office, and they’re young as well, so they’re looking to be close to bars and nightlife.”