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
Just$1.99
per week
for first 24 weeks

Enjoy unlimited digital access
Enjoy Unlimited Digital Access
Get full access to globeandmail.com
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(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),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); } //

Done Deal, 65 Scadding Ave., Ph 12, Toronto

65 SCADDING AVE., Ph. 12, TORONTO

ASKING PRICE $449,000

SELLING PRICE $570,000

Story continues below advertisement

PREVIOUS SELLING PRICE $139,000 (1997)

TAXES $2,545 (2016)

DAYS ON THE MARKET Three

LISTING AGENT Alina Kholodov, Royal LePage Real Estate Services Ltd., Johnston and Daniel Division

The Action: Early this spring, the sellers of this two-bedroom penthouse wanted to wait one week before striking any deals, but shoppers eager to move into the roughly 30-year-old mid-rise had different plans.

"We had to move the offer date because we had so many agents wanting to put in an offer," says agent Alina Kholodov, who reviewed five proposals.

"[Units there] didn't normally come out too often, but with this market we're seeing right now, people are starting to realize it might be a good time to sell. There have been two or three units that have come up in that building since then."

Story continues below advertisement

What They Got: On the south side of St. Lawrence on the Park, this 872-square-foot suite is flooded with sunlight through floor-to-ceiling windows in the master bedroom and open living and dining area with a wood-burning fireplace.

Finishes are classic with hardwood floors throughout and granite and stainless-steel appointments in the U-shaped kitchen.

Bathing and laundry rooms fill out the interior. A locker and parking are also provided. Monthly fees of $592 cover water, concierge, party and fitness rooms and an indoor pool.

The Agent's Take: "People are learning to appreciate a building like 65 Scadding. It's an older building, but it does have larger floor plans and the quality of the build tends to be very good," Ms. Kholodov notes.

"And south-facing units in this building in particular are doing extremely well because they're more or less left with unobstructed views."

This Riverdale semi-detached home went for $530,000 over the asking price after just five days on the market
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 feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

If you do not see your comment posted immediately, it is being reviewed by the moderation team and may appear shortly, generally within an hour.

We aim to have all comments reviewed in a timely manner.

Comments that violate our community guidelines will not be posted.

Read our community guidelines here

Discussion loading ...

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