38 Avoca Ave, No. 506
Asking price: $1.14-million
Selling price: $1.145-million
Previous selling price: $777,500 (2012); $465,000 (2003); $412,500 (2002); $311,064 (1998)
Taxes: $4,930 (2017)
Days on the market: five
Listing agent: Elli Davis, Royal LePage Real Estate Services Ltd.
The action: Although this two-bedroom corner suite at Avoca Vale had a large flood of interest at the onset of its marketing campaign in May, the seller made a minor price adjustment to sway a buyer to commit.
“There were a lot of showings, over 20,” agent Elli Davis said. “There was no urgency [to sell quickly], but the seller was serious and realized we had to price it correctly and once we did, it went for full price.”
What they got: A roughly 20-year-old high-rise along the western edge of David A. Balfour Park is home to this 1,245-square-foot suite.
The unit has a south-facing balcony off the entertaining area. Large windows allow sunlight into most rooms, including one of two full bathrooms. The eat-in kitchen was just renovated with new stone counters and stainless-steel appliances.
The largest bedroom contains a walk-in closet and private en-suite bathroom.
The unit comes with laundry machines, as well as a locker and parking. Monthly maintenance fees of $1,131 cover water, heating, cable and 24-hour concierge, as well as upkeep of fitness and party rooms.
The agent’s take: "The size is generous compared to some of the newer ones in the neighbourhood, being over 1,200 square feet,” Ms. Davis said.
“It’s a split two-bedroom plan on the south side of the building, so it has a nice view over the gardens.”