1331 Gerrard St. East, No. 3., Toronto
Asking price: $799,900 (March, 2021)
Selling price: $972,500 (March, 2021)
Previous selling price: $443,481 (July, 2018)
Taxes: $3,562 (2021)
Days on the market: Six
Buyers’ agents: Rebecca Colwill and Pierre Carapetian, Re/Max Hallmark Pierre Carapetian Group Realty
Given a $1-million budget, agent Rebecca Colwill guided her clients through a dozen east end properties with outdoor space, from two-bedroom condo suites to freehold houses. They were outbid on two properties but came out on top among several bidders for this stacked townhouse in Little India.
“In the east end, it’s mostly older homes, but condos are starting to pop up more,” Ms. Colwill said.
“It was the best of both worlds. It was brand new, like a condo, but had a separate entrance like a freehold home.”
What they got
This stretch of townhouses was built along Gerrard Street East only a few years ago. This upper unit is one of the larger units, with more than 1,100 square feet of living space and a 201-square-foot rooftop patio on the third floor.
There are Juliet balconies off a bedroom on the second floor and and on the floor below opening onto the kitchen and family room. There are two bathrooms .
The townhouse comes with a storage locker and underground parking.
Monthly condominium fees of $503 include water.
The agent’s take
“It has an amazing rooftop patio,” Ms. Colwill said.
“It has a nice, quiet residential view with lots of trees and tops of houses.”
The Gerrard streetcar is just up the block, as are numerous restaurants. The property is also within walking distance of Greenwood Park. “The area is very up and coming with a lot of restaurants, and transit wise, it was amazing,” Ms. Colwill said.
“So it has a downtown feeling, but a little more affordable.”
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