Despite attempts to improve the outcome, this two-bedroom condo sold for $99,000 under its asking price.The Print Market
761 Bay St., No. 3406, Toronto
Asking price: $1,049,000 (February, 2025)
Selling price: $950,000 (March, 2025)
Taxes: $3,000 (2025)
Days on the market: 10
Listing agent: Stephen Young, Young Realty Inc.
Agent Stephen Young said making a sale in this market was about price and having something unique.The Print Market
The action
This two-bedroom unit joined a short list of properties for sale around College Park in February. The owners did their best to boost the property, furnishing vacant rooms to improve their appearance. They accepted an offer $99,000 below their asking price from one of their first dozen guests.
“At the time, previous units were on the market for six months and were not selling,” said agent Stephen Young.
“To be successful, in terms of making a sale, you have to price it right and have something unique.”
This nearly 20-year-old, 850-square-foot unit in the south tower of the Residences of College Park had prime views.
“We had a unique property with a beautiful view, unobstructed and south facing,” Mr. Young said.
“In both buildings, out of almost 600 units, there are six with that design. It’s the first time this unit has been on the market for sale since the building was built.”
The unit has a central living room with sliding doors to a balcony and bedrooms with floor-to-ceiling windows.The Print Market
What they got
In a two-tower complex, linked underground to grocers, retailers and College subway station, this unit was designed with a central living room with sliding doors to a balcony and bedrooms with floor-to-ceiling windows.
There are two four-piece bathrooms and a U-shaped kitchen with granite countertops and stainless-steel appliances.
A storage locker and parking complete the package. Monthly fees of $707 cover heating and water bills, in addition to use of a gym, pool and virtual golf facilities.
There are two four-piece bathrooms, and a U-shaped kitchen with granite countertops and stainless steel appliances.The Print Market
The agent’s take
“It has good-sized bedrooms, and the kitchen and living room are very large,” Mr. Young said.
“It shows very well, and it’s hard to find units like that.”