Buyer pays extra $226,000 for condo townhouse near High Park

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This two-bedroom townhouse had its launch delayed by a week to avoid competition with another two-storey unit already on the market

The main floor was recently remodelled, and the unit has a total of 1,349 square feet of living space.This two-bedroom townhouse, part of a mid-rise building on Bloor Street West across from High Park, had its launch delayed by a week to avoid competition with another two-storey unit already on the market. After that one sold, this unit went up with the same formula to attract buyers – a low price under $1.3-million. One of two bidding parties then nudged their offer up to $1.525-million.

“We were keeping an eye on what was coming out in the building and on the market, so we understood how to price ours well,” agent Parimal Gosai said.What they gotAt the base of the 14-storey building, this east-facing unit has 1,349 square feet of living space and two entrances; one to the street and one on a common corridor.

The main floor was recently remodelled, complete with a built-in media unit and feature wall in the living room and a built-in desk and banquette seating in between the dining area and den.The unit comes with a storage locker and parking. Monthly fees of $1,001 cover water and heating costs.Forest Hill Real Estate Inc.

“Our unit was reconfigured by my client’s interior designer and had some really beautiful and special features and built-ins that we haven’t seen in any of the townhouse units in that building,” Mr. Gosai said.Recreational amenities on three levels were also among several reasons for the building’s popularity. “It’s across the street from High Park, so that’s a huge draw for a lot of people,” Mr. Gosai said.

“You also have a café, grocery store and restaurant in the building, so for our dreary winter months, that’s amazing.”to help you stay on top of news on the housing market, mortgages, the latest closings and more. Sign up today.

 

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