36 Charlotte St., No. 702, Toronto
Asking price: $799,900 (Mid-March, 2022)
Selling price: $800,000 (Mid-March, 2022)
Previous selling prices: $415,000 (August, 2015); $280,500 (June, 2006); $287,000 (July, 2005); $250,000 (September, 2002)
Taxes: $2,456 (2022)
Days on the market: Three
Listing agent: Christopher Bibby, Re/Max Hallmark Bibby Group Realty
The seller of this two-storey unit held back listing the property last year but felt the time was right when bidding wars became the norm in February. Prepping was completed and the unit put on the market in early March.
“There was a lot going on in the world – the war [in Ukraine] and the federal budget announcement with lots of talk regarding housing – so we saw the market dip a bit,” said agent Christopher Bibby.
“In March, as interest rates were [also] going up, the February pricing wasn’t on the table, but the market is still up significantly since last year.”
What they got
In a roughly 20-year-old building close to downtown Toronto’s theatres, clubs and restaurants, this one-bedroom unit displays loft-like features, such as an open entertaining area with 16-foot concrete ceilings, a wall of windows and sliding doors to an east-facing terrace.
The kitchen has tile flooring and stainless steel appliances. The sole bathroom is on the second floor.
The unit includes parking. Monthly fees of $762 cover utilities and use of a gym and rooftop deck.
The agent’s take
“What made our unit quite unique and attractive was the terrace and the view, because not every unit has exterior space and the south side of the building is looking into another building,” Mr. Bibby said.
“The bedroom upstairs was large enough you could have a home office as well.”
Editor’s note: Due to a source error, an earlier version of this article included an incorrect number for the original asking price. This version has been fixed.
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