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 ! ! ! http://www.theglobeandmail.com/real-estate/front-and-blue-jays-way/article1642573/ Done Deals Toronto Front and Blue Jays Way $100,000 price cut gets things moving Sydnia Yui 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. â€œItâ€™s one of the nicest units in [Concord] CityPlace, and it is definitely one of the biggest in the complex,â€ he says. â€œMost of the units tend to be one-bedroom or smaller two-bedroom suites.â€ 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. â€œIt offers premium views and a very large living area,â€ Mr. Kholodov says. â€œItâ€™s a very nice unit for someone who likes to entertain.â€ 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 â€œis not common, especially not in this Concord CityPlace complex,â€ 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.