Jordan Prussky/Jordan Prussky Photography
270 Wellington St., W. No. 518, Toronto
Asking price: $549,900 (July, 2024)
Previous asking price: $569,900 (June, 2024)
Selling price: $540,000 (August, 2024)
Previous selling prices: $555,000 (September, 2021); $137,341 (August, 2002)
Taxes: $2,571 (2023)
Property days on market: 74
Listing agent: Christopher Bibby, Re/Max Hallmark Bibby Group Realty
The action
The unit has large windows in the living room and bedroom.Jordan Prussky/Jordan Prussky Photography
Jordan Prussky/Jordan Prussky Photography
Many of the units in this two-tower condo complex a few streets north of the Rogers Centre face a new residential high-rise to the north. This one-bedroom unit faces west, with better views and a balcony outdoor space.
“It was on the west side of the building – overlooking Blue Jays Way and the SoHo Metropolitan Hotel – so we had a nice distance from the hotel across the street and you’re not looking into another unit,” said agent Christopher Bibby
“As well, the majority of the north-facing units didn’t have exterior space, and we had a balcony.”
Buyers visited sporadically over seven weeks, but attendance rose after the price was cut by $20,000. A few weeks later, one guest tendered a conditional deal for $540,000.
“The amount of competition, not even in the building but in the general area, was overwhelming, with a lot to choose from,” Mr. Bibby said.
“Even with a slight price drop, it created a little flurry of activity, and we sold for $540,000.”
What they got
The one-bedroom unit faces west.Jordan Prussky/Jordan Prussky Photography
This 22-year-old unit has a standard layout with massive windows in the living room and bedroom.
Set back by the entrance is a remodelled four-piece bathroom, and an L-shaped kitchen with upgraded quartz countertops, bar seating, and new appliances.
Monthly fees of $631 cover utilities, concierge, an use of an indoor pool and rooftop terrace.
The agent’s take
Jordan Prussky/Jordan Prussky Photography
“The owners fully updated the unit when they purchased it, so it had new floors, a new kitchen and a new bathroom,” said Mr. Bibby.
“The fact it had a window in the bedroom is not common, especially in brand-new buildings with interior rooms.”