Monthly Archives: October 2015

Month: October 2015 Central Toronto Annex Heritage Building Corner Unit Sells Quickly

  212 St. George St., No. 403, Toronto ASKING PRICE $499,000 SELLING PRICE $528,000 PREVIOUS SELLING PRICE $400,000 (2014) TAXES $2,781 (2014) DAYS ON THE MARKET Three The Action: When agent Dino Capocci bought this two-bedroom corner suite in the Annex, his wife and designer renovated it for long-term living. With only one or two vacancies annually in the heritage building, nine buyers seized the opportunity to take a tour and an offer was tabled shortly after. What They Got: In the 1980s, a brick residence better known as the Powell House – constructed circa 1907 – was converted to

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Month: October 2015 Central Toronto Waterfront Condo Near Fort York Sold Quickly

  219 Fort York Blvd., No. 3509, Toronto ASKING PRICE $519,000 SELLING PRICE $519,000 PREVIOUS SELLING PRICE $342,075 (2006) TAXES $3,039 (2015) DAYS ON THE MARKET 4 The Action: Just north of Coronation Park on Lake Ontario, south-facing units in the Waterpark City community are rarely vacated, so this two-bedroom corner suite was purchased nearly as soon as it appeared in July. What They Got: On the former Molson Brewery site, a multi-tower condominium complex is home to hundreds of units, such as this 969-square-foot unit on the 35th floor bound by nine-foot ceilings and floor-to-ceiling windows in every room,

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Month: October 2015 Central Toronto Loft Near Casa Loma Sells Quickly $15,000 Over Asking Price

  380 Macpherson Ave, Ph. 603, Toronto ASKING PRICE $679,000 SELLING PRICE $694,000 PREVIOUS SELLING PRICES $555,000 (2011); $483,491 (2009) TAXES $3,188 (2014) DAYS ON THE MARKET Two The Action: As summer opened, Madison Avenue Lofts had a fair number of units for sale, but this two-bedroom model was the only penthouse available. So one of the first three visitors secured it for themselves largely by proposing $15,000 on top of the list price. What They Got: Hardwood floors are the newest addition to this 855-square-foot loft in a former hydro building refurbished with 111/2-foot ceilings, warehouse-style windows and walkouts

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Month: October 2015 Toronto Downtown Condos Report – 2nd Quarter, 2015

  Including: Business and Entertainment, Bay Street, Niagara, Waterfront and Financial District Downtown Toronto 2015 2014 Difference Sales 1,344 1,088 + 27% Average Price $471,338 $437,829 + 9% New Listings 2933 2761 + 2% Active Listings 1570 1529 + 2% % of Final Sales Price to Listing Price 98% 98% + 1% Days on Market 28 29 – 4%   Downtown Toronto’s condo market continues to sell well. There were 1,344 condo units sold in 2nd quarter 2015, up by 27% over the previous year. Sales prices continue to go up, as the average price rose from $437,829 in the

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