Skip to main content
The Globe and Mail
Support Quality Journalism.
The Globe and Mail
First Access to Latest
Investment News
Collection of curated
e-books and guides
Inform your decisions via
Globe Investor Tools
per week
for first 24 weeks

Enjoy unlimited digital access
Enjoy Unlimited Digital Access
Get full access to
Just $1.99 per week for the first 24 weeks
Just $1.99 per week for the first 24 weeks
var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(}function setPanelState(o){dom.root.classList[o?"add":"remove"](,dom.root.classList[o?"remove":"add"](select.closed),dom.control.setAttribute("aria-expanded",o)}function onToggleClicked(){var l=!isPanelOpen();setPanelState(l)}function onWindowScroll(){window.requestAnimationFrame(function() {var l=isPanelOpen(),n=0===(document.body.scrollTop||document.documentElement.scrollTop);n||l||!allowExpand?n&&l&&(allowExpand=!0,setPanelState(!1)):(allowExpand=!1,setPanelState(!0))});}pencilInit(".js-sub-pencil",!1); // via darwin-bg var slideIndex = 0; carousel(); function carousel() { var i; var x = document.getElementsByClassName("subs_valueprop"); for (i = 0; i < x.length; i++) { x[i].style.display = "none"; } slideIndex++; if (slideIndex> x.length) { slideIndex = 1; } x[slideIndex - 1].style.display = "block"; setTimeout(carousel, 2500); } //

333 Adelaide St., E., No. 1219, Toronto


ASKING PRICE: $1,050,000

SELLING PRICE: $1,088,000

Story continues below advertisement

TAXES: $4,378 (2017)


LISTING AGENT: Christopher Bibby, Re/Max Hallmark Bibby Group Realty

The Action: In February, roughly 130 buyers and agents closely inspected this two-bedroom sub-penthouse at Mozo near St. James Park. By the third day, the seller had an offer to mull over; four more came in the next day.

"The goal wasn't to sell in multiples offers. We priced it in a manner we felt was fair based on other sales in the area and building," agent Christopher Bibby said.

"What I'm finding is there is a lot of demand right now for large units – 1,000-square-foot-plus units with two beds, two baths – based on the number of showings and lack of inventory."

What They Got: A 15-year-old building encompasses one- and two-storey units with varying configurations.

Story continues below advertisement

This 1,286-square-foot corner unit is entered from one level, but is largely spread across the one above with bedrooms on opposite ends of an entertaining and cooking area with walls of windows and sliding doors to one of two balconies.

Daily routines are easy to carry out with a walk-in closet and ensuite bathroom in the master bedroom, as well as one parking spot and two lockers.

Monthly fees of $777 pays for water, concierge, fitness and recreational facilities.

The Agent's Take: "These types of layouts come up once or twice a year," Mr. Bibby said.

"The unique thing here is it is directly west-facing and we had the city view, so that's the side you get unobstructed views."

Though building units generally offer loft-like attributes, this one has more classic ones, such as hardwood floors. "This was more of a condominium than a loft suite, but the aesthetic is very modern," Mr. Bibby said.

Story continues below advertisement

"We also don't see a lot of three-bathroom units for that square footage."

Report an error Editorial code of conduct
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to If you want to write a letter to the editor, please forward to
Comments are closed

We have closed comments on this story for legal reasons or for abuse. For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions.

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies