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Matt Vardy

901 Queen St. W., Unit 106, Toronto

Asking price: $1,049,000

Selling price: $1,025,000

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Previous selling prices: $775,000 (2016); $515,000 (2009); $380,000 (2005); $272,684 (2003)

Taxes: $3,514 (2018)

Days on the market: Seven

Listing agent: Delila Law, Keller Williams Referred Realty

The action

The unit is in a building located directly across from the popular Trinity Bellwoods Park.

Matt Vardy

Among the largest of several suites posted for sale this February in a mid-rise building directly across from Trinity Bellwoods Park, this two-bedroom suite sold within a week, right after the first bidder’s offer fell apart on financing.

“What happens quite often … especially with new financing rules, is buyers think they can afford a certain price,” agent Delila Law said.

“With condos also, there are maintenance fees, so sometimes people forget to account for the fact there is affordability from the bank’s perspective, but there’s also personal affordability.”

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What they got

Hardwood floors have recently been installed.

Matt Vardy

This roughly 16-year-old suite was designed with a 1,050-square-foot plan and a large terrace accessible from both bedrooms and the main entertaining and dining area.

Ceiling heights are 9½-feet high and hardwood floors have been newly installed. There are two bathrooms and laundry facilities. A locker and parking complete the package.

Monthly fees of $768 cover water, heating, concierge and use of the party and recreation rooms.

The agent’s take

A private terrace offers 300 square feet of additional living space.

Matt Vardy

“This unit is a lot larger than some other two-bedroom units in the building, so this is a special unit,” Ms. Law said.

“Some of the biggest features of that particular unit … [were] floor-to-ceiling windows on one side of the entire space and that private terrace, which gives you an extra 300 square feet of usable space you don’t generally have in a condo.”

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