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BAY AND WELLESLEY Print E-mail
Tuesday, 08 July 2008
 
Toronto Realestate  In a classic Bay Street condominium building, this one-bedroom suite attracted half a dozen offers, mainly from younger people looking to live close to the amenities and attractions of Yorkville, agent Paul Johnston says.
 "It's great to see a 20-year-old building that still [generates] such excitement. I had over 80 showings of the home before we accepted offers," Mr. Johnston notes. "That's exceptionally strong interest."
 Situated on the 12th floor, the 705-square-foot unit has a standard floor plan, but the previous owner made several "elegant but simple upgrades," he says, citing new flooring, halogen lighting fixtures and appliances. In addition, the suite was repainted.
 
 The biggest change made was transforming a solarium overlooking the University of Toronto campus into a den. To create a more open space, the existing sliding doors of the solarium were removed, as was its glass enclosure. New dark laminate floors extend from the den into the combined living and dining room.
 The master bedroom features his and hers closets and new broadloom.
 Handy features include a three-piece bathroom and laundry facilities, plus two full-sized lockers and premium two-car parking.
 There is a monthly fee of $465 that covers utilities, cable and maintenance of common areas such as a gym, squash court and rooftop deck with indoor and outdoor hot tubs.
 Security and 24-hour concierge are also on site.
 
 * 1055 Bay St., No. 1207
 * Asking price: $279,900
 * Selling price: $320,000
 * Previous selling price: $229,000 (2004)
 * Taxes: $1,809 (2007)
 * Days on the market: 12
 * Listing agent: Paul Johnston, Right At Home Realty Inc.
 
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