18 Wanless Ave., No. 314, Toronto
Asking price: $449,900
Selling price: $411,000
Previous selling price: $271,000 (2004); $250,000 (2001); $182,233 (2001)
Taxes: $2,481 (2009)
Days on the market: 81
Listing agent: Boris Kholodov, Royal LePage Real Estate Services Ltd., Johnston and Daniel Division
For more than two months, winter festivities and bad weather were the main factors that kept buyers away from this two-bedroom suite, which is a rare find in Lawrence Park, says agent Boris Kholodov.
"There are many houses in that area but not enough condos, in my opinion," he says. "Maybe three or four [units]get sold annually. There is a very low turnover in the building."
Residents enjoy the proximity to restaurants, shops and supermarkets along Yonge Street, as well as a community centre, places of worship and schools.
"This place is right at Yonge and Lawrence, so it's on the subway line with very easy access to everything," says Mr. Kholodov.
The suite was conveniently designed with the front door by the kitchen. The kitchen has a U-shaped work area stocked with four appliances and a clear view of a living and dining area finished with sliding balcony doors and wood floors that flow into the bedrooms.
The master suite has a walk-in closet and direct access to one of two full bathrooms.
The unit also has the benefit of ensuite laundry facilities, a locker and parking. "It offers a lot to someone who wants to be in a condo in a quieter, more residential area," says Mr. Kholodov.
Each month, a fee of $356 covers heating costs and use of amenities, such as the gym and party room.