1000 King St. W., No. 720, Toronto
Asking price: $325,000
Selling price: $330,700
Taxes: $1,855 (2009)
Days on the market: 16
Listing agent: Boris Kholodov, Royal LePage Real Estate Services Ltd., Johnston and Daniel Division
This one-bedroom, 578 sq. ft. suite cost the buyer a couple of thousand dollars more than the asking price, but agent Boris Kholodov still considers it a bargain.
"It's not expensive," says Mr. Kholodov, who received multiple offers for the seventh-floor unit. "It's a very practical place for anyone who works downtown and is starting out."
The monthly condominium fee is just over $200, including utility costs. "The maintenance fee is affordable," adds Mr. Kholodov. "It's a no-frills building."
For instance, the eight-year-old residence only has a party room and gym since there are so many local attractions, including restaurants, bars and cafes, as well as boutiques, bakeries and fitness outlets. "It's in a popular location," says Mr. Kholodov.
The suite has a fairly standard floor plan with a carpeted master bedroom and open living and dining area with laminate floors, large windows and a walkout to the balcony.
Other essentials include a four-piece bathroom, and kitchen and laundry appliances, plus a locker and parking spot.