1 St. Thomas St., Townhouse C, Toronto
Asking price: $4,898,000 (October, 2019)
Listing price history: $5.2-million (September, 2019); $5.5-million (June, 2019), under previous agent
Selling price: $4,888,000
Previous selling price: $4,185,000 (2015); $3,250,000 (2010)
Taxes: $26,326 (2019)
Days on the market: Six
Listing agents: Andre Kutyan and Robert Greenberg, Harvey Kalles Real Estate Ltd.
Agent Andre Kutyan sold this two-bedroom townhouse in 2015 and 2010, so the current owners requested his assistance when they couldn’t find a buyer when listed with another agent in the summer and fall of 2019. Mr. Kutyan combed through his database to find six interested buyers, and one was quick to mobilize with a bid late October.
“The most recent sale in this complex was a couple of years ago – an end unit similar to this, but a little bigger – and it sold for $5.5-million,” Mr. Kutyan said.
“We had to be less than that in the asking price and the market had softened too, so we had to be positioned better under $5-million.”
What they got
At the base of a luxury high-rise, this 4,185-square-foot townhouse is one of four three-storey models with street-level entry, direct access to a private garage and to outdoor space on the roof and the ground.
Inside, upscale features range from 10-foot ceilings in the living and dining rooms to a master suite with a gas fireplace, dressing room and one of four bathrooms, complete with a skylight and heated marble floors.
There are lounge areas on the second and lower levels, plus a combined family room and kitchen with an island, pantry, stainless steel appliances and access to a courtyard with a gas hookup, planters and irrigation system.
Monthly fees of $3,768 pay for water, heating and cable, as well as concierge, valet, party room, gym and pool.
The agent’s take
“It’s the best of both worlds; it’s like living in a house with your front door, courtyard in the back and rooftop terrace … but you have all the amenities, services and security of a condo,” Mr. Kutyan said.
“It has a lot of nice features, [like] the Crestron automation system, automated blinds throughout, nice crown mouldings and details, a Downsview kitchen and built-in Savaria elevator.”
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