Jordan Prussky Photography
12 York St., No. 4307, Toronto
Asking price: $915,000 (Late December, 2021)
Previous asking price: $885,000 (mid-December, 2021)
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Selling price: $940,000 (Late December, 2021)
Previous selling price: $875,000 (September, 2019); $490,381 (May, 2016)
Taxes: $3,770 (2021)
Days on the market: One
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Listing agent: Christopher Bibby, Re/Max Hallmark Bibby Group Realty
The action
Window walls wrap the perimeter of the unit.
Jordan Prussky Photography
Down the street from the CN Tower, this two-bedroom-plus-den unit at the Ice building made its debut on the market priced at $885,000, which was $3,000 shy of the amount a similar unit fetched two weeks prior in December. Days later, after hearing that another nearly identical unit on the 47th floor had been purchased for $912,000, the owner of this unit hiked the asking price to $915,000. Within 24 hours, five bids had been made and a deal agreed at $940,000.
“When we saw there was a bidding war on [unit] 4707, we felt some of those buyers may transfer over to our unit, which it appears they did,” agent Christopher Bibby said.
“When we went back out at $915,000, it was remarkable that we ended up getting five offers on the unit and it ended up selling for $940,000, so the timing was right.”
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What they got
Monthly fees of $697 cover the cost of water and heating, concierge, and use of common areas, like the pool.
Jordan Prussky Photography
Natural light streams into most areas of this 751-square-foot unit, from window walls that wrap the perimeter.
The unit comes with two bathrooms. Monthly fees of $697 cover the cost of water and heating, concierge, and use of common areas, like the pool. The unit comes with storage locker and a parking space.
The agent’s take
The unit comes with storage locker and a parking space.
Jordan Prussky Photography
“It’s a very efficient two-bedroom-plus-den plan,” Mr. Bibby said.
“You had lake and completely unobstructed and protected CN Tower views, and the west view is stunning and carries onwards to Mississauga.”
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Easy access to the amenities of downtown Toronto was another highlight. “All this discussion of moving to a cottage or farm out of town is starting to wane,” Mr. Bibby said.
“And rather than spending $1.5-million on a [suburban] three-bedroom house, you spend under $1-million and you can walk to the office and get that lifestyle component.”
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