Skip to main content
done deal
Open this photo in gallery:

Re/Max Realtron Realty Inc.

131 Torresdale Ave., No. 2106, Toronto

Asking price: $659,995 (December, 2021)

Selling price: $900,000 (December, 2021)

Previous selling price: $397,000 (March, 2019); $270,000 (June, 2002)

Taxes: $2,169 (2021)

Days on the market: Seven

Listing agent: Jordan Glaser, Re/Max Realtron Realty Inc.

The action

Open this photo in gallery:

Walls of windows allow sunlight to reach nearly every room of this nearly 1,600-square-foot corner suite.Re/Max Realtron Realty Inc.

At almost 1,600 square feet, this North York condo is larger than most, with a layout that includes three bedrooms and a den. When the long-term tenants moved out it was quickly staged and put up for sale. Nine offers were made, with the winner increasing their initial bid to an even $900,000 – a full $240,005 over the asking price.

“The last time a big unit [in the building] sold was in March, but it was a bit smaller – though renovated and updated also – [being] a two-bedroom plus den unit,” said agent Jordan Glaser.

“The response was overwhelming because this was such a big unit and they’re rare, so it’s a great alternative to a house. At 1,600 square feet, if you were to buy that in a semi-detached house or townhouse, you’d be paying well over $1-milllion.”

What they got

Open this photo in gallery:

The layout includes three bedrooms and a den.Re/Max Realtron Realty Inc.

The 40-year-old building towers over G. Ross Lord Park and Westminster cemetery, and walls of windows allow sunlight to reach nearly every room of this corner suite. There are two four-piece bathrooms and a renovated kitchen with an island, pantry and stainless steel appliances.

The unit comes with a storage locker and two-car parking. Monthly fees of $1,142 include utilities and cable, plus use of an outdoor pool.

The agent’s take

Open this photo in gallery:

The 40-year-old building towers over G. Ross Lord Park and Westminster cemetery.Re/Max Realtron Realty Inc.

“It’s an older building, so the units are sizable,” said Mr. Glaser.

“Looking northeast, it’s a residential area, so your sightline goes all the way past York Region on a clear day.”

Your house is your most valuable asset. We have a weekly Real Estate newsletter to help you stay on top of news on the housing market, mortgages, the latest closings and more. Sign up today.

Follow related authors and topics

Authors and topics you follow will be added to your personal news feed in Following.

Interact with The Globe