Re/Max Realtron Realty Inc.
233 Beecroft Rd., No. 1911, Toronto
Asking price: $599,800 (March, 2024)
Selling price: $652,000 (March, 2024)
Previous selling prices: $240,000 (January, 2007); $183,767 (August, 2001)
Taxes: $2,219 (2023)
Days on the market: 11
Listing agents: Sam Ahn and Stephen Sun, Re/Max Realtron Realty Inc.
Improvements have been made to the galley-style kitchen, such as quartz countertops, mosaic backsplashes and stainless steel appliances.Re/Max Realtron Realty Inc.
The action
Spring-like weather and a lack of high-rise inventory around Mel Lastman Square aligned to give this one-bedroom plus den unit a boost in March. Six buyers, all intending to live in the condo rather than purchasing it as an investment, made offers. The highest bid came in $52,200 over the asking price, with a closing date of May 15.
“With the weather being on our side – it was relatively warm – sales being slow in the winter, and hopes that [mortgage] rates would go down, we decided to go low on our price to test the market,” said agent Sam Ahn.
“Half the offers were very competitive, so it was hard to choose among the top three offers.”
'The biggest selling feature was the view,' says listing agent Sam Ahn.Re/Max Realtron Realty Inc.
What they got
On the sub-penthouse level of a 22-year-old building, this 667-square-foot unit has an open living and dining area with a wall of windows and an enclosed den with sliding doors to a balcony.
Improvements were made in the four-piece bathroom and galley-style kitchen. For instance, the latter features quartz countertops, mosaic backsplashes and stainless steel appliances.
The unit comes with laundry machines, plus a storage locker and parking spot. Monthly fees of $609 cover utilities, concierge and use of a gym and party room.
This 667-square-foot unit has an open living and dining area.Re/Max Realtron Realty Inc.
The agent’s take
“The biggest selling feature was the view. It was a west-facing, unobstructed view on a high floor,” said Mr. Ahn.
“It’s not a trendy building, but a building with a good reputation and it’s well managed. Having a low maintenance fee was also a key feature, and it included all utilities, which is rare to find nowadays in new condos with meters.”