Done Deal, 25 Grenville Ave., unit 1406, Toronto
25 Grenville St., No. 1406, Toronto
Asking price: $300,000
Selling price: $300,000
Previous selling prices: $220,000 (2007); $184,500 (2003); $126,000 (1998); $105,000 (1995)
Taxes: $1,515 (2009)
Days on the market: nine
Listing agents: Nutan Brown and Anil Khera, Royal LePage West Realty Group
What drew buyers to this one-bedroom plus solarium suite is its location in a high-rise on a short side street close to shops, eateries and the subway line on Yonge Street, as well as major medical and educational institutions, says one of the listing agents, Anil Khera.
"It's one block north of College and it's between Bay and Yonge streets, so you're extremely central," he says. "It's very convenient for people who work at the hospitals or … for U of T students."
The roughly 20-year-old unit was in move-in condition. "People are always impressed when they see things are taken care of, they assume it's going to be a relatively headache-free place," Mr. Khera says.
The sellers recently removed doors between the solarium and combined living and dining area to create one large entertaining area.
New laundry machines were brought in and hardwood floors were installed everywhere but the kitchen, which another owner revamped with ceramic floors and stainless steel appliances.
The rest of the unit is filled out with a bedroom, four-piece bathroom and foyer with a deep closet, "which also served as an ensuite locker," Mr. Khera adds.
The monthly fee of $524 covers utility and cable costs. "The maintenance fee included everything, except for taxes, which is important for people so they knew what their costs were going to be every month," he says.
Amenities within the building consist of a gym, squash court and party room, as well as a rooftop deck, visitor parking and lobby staffed by 24-hour concierge.