could this be telling of things to come ? ! ?
a 1,632-square-foot sub-penthouse suite in a still fairly new building selling for ~ $410 psf that includes a locker and two parking spots ! ! !
Done Deals Toronto
Front and Blue Jays Way
$100,000 price cut gets things moving
From Friday's Globe and Mail
Published on Friday, Jul. 16, 2010 12:55PM EDT
Last updated on Friday, Jul. 16, 2010 1:51PM EDT
397 Front St. W., sub-penthouse 7, Toronto
Asking price: $799,900
Selling price: $670,000
Previous selling price: $516,783 (2003)
Taxes: $4,419 (2009)
Days on the market: 87
Listing agent: Boris Kholodov, Royal LePage Real Estate Services Ltd., Johnston and Daniel Division
For months, the price tag of $799,900 kept buyers away from this rare two-bedroom-plus-den corner suite on the sub-penthouse level of a 36-storey high-rise downtown.
But as soon as the asking price was reduced by $100,000, a buyer promptly began negotiations with agent Boris Kholodov.
“It’s one of the nicest units in [Concord] CityPlace, and it is definitely one of the biggest in the complex,” he says. “Most of the units tend to be one-bedroom or smaller two-bedroom suites.”
Floor-to-ceiling windows allow sunlight to brighten the 1,632-square-foot suite, which has a central kitchen overlooking a living room and a dining area with sliding doors to one of two balconies.
“It offers premium views and a very large living area,” Mr. Kholodov says. “It’s a very nice unit for someone who likes to entertain.”
The unit also offers a lot of privacy, with the bedrooms located on opposite ends. Both have large private bathrooms, though the master suite also has a walk-in closet and access to a second balcony.
The den is also enclosed with French doors, and there is a third bathroom, which “is not common, especially not in this Concord CityPlace complex,” Mr. Kholodov explains.
For easy cleanup, there are hardwood floors in most areas and ceramic tile flooring in the kitchen, as well as en suite laundry.
A locker and two parking spots are also reserved for this unit. All utility and cable costs are included in a monthly fee of $956.
In addition, residents share the use of a gym, indoor pool and sauna, plus a recreation room.