Skip to main content
Access every election story that matters
Enjoy unlimited digital access
$1.99
per week for 24 weeks
Access every election story that matters
Enjoy unlimited digital access
$1.99
per week
for 24 weeks
// //

Re/Max Hallmark Pierre Carapetian Group Realty

525 Adelaide St. W., No. 1115, Toronto

Asking price: $1,099,000

Selling price: $1,060,000

Story continues below advertisement

Previous selling price: $527,729 (2017)

Taxes: $3,641 (2019)

Days on the market: 20

Listing agent: Pierre Carapetian, Re/Max Hallmark Pierre Carapetian Group Realty

The action

The unit is in a corner of a two-year-old high-rise called Musée.

Re/Max Hallmark Pierre Carapetian Group Realty

This three-bedroom corner suite was decluttered, cleaned and staged to mask any sign of the young family living there. Negotiations with multiple bidders carried on over several weeks following Canada Day holiday.

“The same people came back and raised their price several times because they came in very low and we got another [buyer’s] bid after these people came in and they were also low,” agent Pierre Carapetian said.

“The market has shifted to a much more balanced market and people are putting their feet in the sand, so you have to do a lot more salesmanship to get things done; things aren’t selling themselves anymore.”

Story continues below advertisement

What they got

Floor-to-ceiling windows let plenty of light flow into the space.

Re/Max Hallmark Pierre Carapetian Group Realty

At the northeast corner of a two-year-old high-rise, called Musée, this 1,079-square-foot unit is essentially lined with floor-to-ceiling windows, with balconies off the master suite and main living and dining area.

The kitchen is outfitted with quartz counter tops and stainless steel appliances. There are two full bathrooms and stacked laundry machines. A storage locker and parking are included.

Each month, fees of $669 pay for heating, concierge, gym and outdoor pool.

The agent’s take

“This building was set back in such a way that other buildings east didn’t block its exposure, so you got a beautiful view of the skyline that was unexpected,” Mr. Carapetian said.

“[Plus] it was very well appointed and newer, so a lot of clients liked that.”

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

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
1299000.00
615 ADELAIDE ST W, Toronto, Ontario
PURPLEBRICKS
Bedrooms
2
Bathrooms
2
Building Type
Freehold
Property Type
Single Family
Torontos Most Sought After Neighbourhoods At King And Bathurst. Stunning Freehold Townhome. 2 Bedrooms Plus Large Den. Steps To Ttc, Close To All Amenities, Shopping, Grocery, Cafes, Dining. Includes Underground Parking W/Direct Access To Unit. Minutes To Gardiner Expwy, Qew, Harbour Front, Rogers Centre, Financial District And More. Includes Kitchen Appliances, Washer, Dryer, Window Coverings, Elfs. Must See, Move In Ready.**** EXTRAS **** Rental: Hot Water Tank (id:31729)
Listing ID C5350200
Salesperson RANDALL WEESE
Brokerage PURPLEBRICKS
Open this photo in gallery: Gallery photo 1
2800000.00
514 ADELAIDE ST W, Toronto, Ontario
SUTTON GROUP REALTY SYSTEMS INC.
Bedrooms
3
Bathrooms
2
Building Type
Freehold
Property Type
Single Family
. (id:31729)
Listing ID C5208709
Salesperson MICHAEL SANDEHMAN HOLNESS
Brokerage SUTTON GROUP REALTY SYSTEMS INC.
Open this photo in gallery: Gallery photo 1
3758000.00
70 NIAGARA ST, Toronto, Ontario
HARVEY KALLES REAL ESTATE LTD.
Bedrooms
4
Bathrooms
5
Building Type
Freehold
Property Type
Single Family
A Rare Gem In The Heart Of King West! This Luxurious 3-Story Home Is An Entertainer's Dream Equipped W/A Custom Sie-Matic Chefs Kitchen, Glass Enclosed Wine Cellar, Breakfast Area Overlooking A Backyard Oasis. Fabulous 3rd Story Loft/Bdrm Area W/Outdoor Space. Ll Apartment Or Nanny's Suite W/Separate Entrance. See Virtual Tour!**** EXTRAS **** Top Of The Line Appl Inc: Subzero Fridge/Freezer, Wolf Gas Range, Miele Dishwasher, Two W/D, 2 Furnaces, 2 A/Cs, Irrigation System & Much More. No Detail Overlooked. Prime Location, Steps Away From Best Restaurants, Shops And Transit. (id:31729)
Listing ID C5367975
Salesperson MARK ALIASSA
Brokerage HARVEY KALLES REAL ESTATE LTD.
Open this photo in gallery: Gallery photo 1
1800000.00
33 MARKHAM ST, Toronto, Ontario
FORTES REALTY INC.
Bedrooms
7
Bathrooms
3
Building Type
Freehold
Property Type
Single Family
Attention Builders And Renovators, Awesome Property W/Tons Of Potential! Detached Home W/Private Dr Is One Of Toronto's Most Sought After, Most Vibrant And Convenient Neighborhoods.**** EXTRAS **** Electric Stove, 2 Fridges, 100 Amps Breaker, (2017 Roof Shingles, 2014 Cac & Furnace), Home Inspection Report Available. (id:31729)
Listing ID C5207626
Salesperson NATALIA VLADIMIROVNA FORTES
Brokerage FORTES REALTY INC.
Open this photo in gallery: Gallery photo 1
739000.00
#819 -39 BRANT ST, Toronto, Ontario
SUTTON GROUP-ADMIRAL REALTY INC.
Bedrooms
2
Bathrooms
1
Building Type
Condo/Strata
Property Type
Single Family
Your New Home Awaits At The Sought After Brant Park Condos! Exceptional Layout With ""Beech"" Floorplan. Features Floor-To-Ceiling Windows, Exposed Concrete Feature Walls, Hardwood Floors, Quartz Counters, & Stainless Steel Appliances. Great Amenities And Great Walk Score Steps From Shopping, Restaurants, Nightlife & Financial District. (id:31729)
Listing ID C5361949
Salesperson JOSHUA RAXLEN
Brokerage SUTTON GROUP-ADMIRAL REALTY INC.
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 .

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:

  • 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

If you do not see your comment posted immediately, it is being reviewed by the moderation team and may appear shortly, generally within an hour.

We aim to have all comments reviewed in a timely manner.

Comments that violate our community guidelines will not be posted.

UPDATED: Read our community guidelines here

Discussion loading ...

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies