Condo on the market since last summer sees multiple price adjustments

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Broadview Avenue condo sells below asking for $1.12-million after two price drops

The previous owners of the one-bedroom plus den suite had the builder of the unit remove an original second bedroom to expand the entertaining area.This one-bedroom plus den suite is in a building just north of Playter Estates and the Danforth but somewhat off the beaten path. Hitting the market last summer, successive mortgage rate hikes made the sale a challenge and the asking price was tweaked several times. Finally, in mid-January, a bid came in at $1.12-million from local buyers.

“We knew we’d have to be patient, and it would take someone very specific who appreciated the neighbourhood and the layout.”Re/Max Hallmark Realty Ltd.In 2010, owners of this nearly 1,200-square-foot unit had the builder remove the original second bedroom to extend the entertaining area along the wraparound balcony, and convert the third bathroom into a laundry room with a basin and folding table.Other assets include a storage locker and parking.The unit’s custom design caters to downsizers.

 

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Yesterday you reported everything sold. And exactly 10k views?

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