Townhouse north of Yorkville snatched up after deal falls through

32B MCMURRICH ST., NO. 115, TORONTO

ASKING PRICE $859,000

SELLING PRICE $847,000

TAXES $5,127 (2015)

DAYS ON THE MARKET 28

LISTING AND CO-OP AGENT Nigel Denham, Sotheby's International Realty Canada

The Action: On a short street north of Yorkville boutiques, bistros and galleries, this three-storey townhouse was snatched up within a week in February. But the deal fell apart, so the sellers accepted an $847,000 bid from another buyer waiting in the wings.

What They Got: The 14-year-old mid-rise, called Domus, was built alongside stacked townhouses with street-level entrances, such as this upper-level unit with west-facing windows and a rooftop terrace on the third floor.

Inside, the nearly 1,500-square-foot space is an open entertaining area with hardwood floors and a gas fireplace flanked by doorways to a tiled kitchen, plus a glass-lined staircase up to an office and two bedrooms, including one with a cathedral ceiling and one of two full bathrooms.

The unit comes with stainless steel appliances, laundry machines, a locker and underground parking, as well as monthly fees of $527 for access to 24-hour concierge, a gym, guest suite and party room, among other things.

The Agent's Take: "The location is one of its key selling points: McMurrich is a lovely, quiet street, yet you're literally a stone's throw from Yorkville, Ramsden Park, Yonge Street, Bloor Street and the subway," agent Nigel Denham says.

"This is not in [the tower at] Domus, otherwise known as 3 McAlpine, where the maintenance fees doubles for comparable square footage, but you still have use of all the amenities."

Furthermore, this unit feels more like a house than a condo suite. "The beauty is you have your own street level front door," Mr. Denham notes.