Royal LePage Signature Realty/Royal LePage Signature Realty
209 Fort York Blvd., Unit 163, Toronto
Asking price: $549,000
Selling price: $675,000
Previous selling price: $385,000 (2013); $317,733 (2011)
Taxes: $2,447 (2018)
Days on the market: six
Listing agent: Luke Fraser, Royal LePage Signature Realty
The action
The building has partnered with Airbnb for increased security for short-term rentals.Royal LePage Signature Realty/Royal LePage Signature Realty
Given the convenience of online house hunting, getting 70 buyers to physically visit this two-bedroom ground floor suite was a major feat in October.
“The condo market is still on fire, due to affordability,” agent Luke Fraser said.
“Not every condo is going to get 12 offers like this. A lot of it was due to the preparation and presentation of the unit. We made it look as good and appealing as possible.”
What they got
The suite has a southwest-facing terrace.Royal LePage Signature Realty/Royal LePage Signature Realty
Seven years ago, this 775-square-foot corner suite was designed with modern appointments, such as granite counter top and stainless-steel appliances in the cooking quarters, as well as wall-to-wall windows and sliding doors to a southwest-facing terrace.
The unit comes with two bathrooms, including a master ensuite, laundry facilities, a locker and parking. Monthly fees of $580 cover water and heating bills, as well as concierge and upkeep of common areas like the pool.
The agent’s take
“It’s not really common downtown to have a terrace that size, especially for less than $700,000,” Mr. Fraser said. “The actual floor plan was good, and it felt really open.”
This building and its sister tower – at 215 Fort York – also forged strong reputations. “These are the first buildings in Canada to partner with Airbnb for added security for short-term rentals, which brings a million-dollar liability insurance to all the condos in there,” Mr. Fraser said.
“It’s ideal for some investors looking to get into the short-term rental market.”
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