Illness blocks sale of small downtown Toronto condo

39 Brant Street, # 922, Toronto

Request a price: $ 525,000 (end of October 2021)

Sale price: $ 525,000 (October 2021)

Previous asking price: $ 525,000 (mid-October 2021)

Taxes: $ 1,644 (2021)

Days on the market: One

Listing Agent: Robin Pope, Pope Real Estate Ltd.

The action

Located close to King and Spadina, the building was constructed in 2017.Pope Real Estate Ltd.

A house hunter quickly latched onto this downtown one-bedroom suite when it hit the market last fall, but when the tenant fell ill, tours were quickly canceled, preventing the buyer eager to take a look in person.

As soon as the tenant recovered the following week (a COVID-19 test came back negative), the unit was relisted for the same price of $ 525,000, and an unconditional agreement was reached.

“Unfortunately there weren’t any in-person visits because the tenant was ill, and despite that, someone made a full-price offer,” Constable Robin Pope said.

“And that’s just because the market is so strong because there is a lack of inventory.”

What they have

The bathroom and the bedroom are set back from the entrance.Pope Real Estate Ltd.

Built in 2017, this 404 square foot unit has a contemporary loft-style feel with hardwood floors and exposed concrete ceilings rising to nine feet high, as well as a wall of south-facing windows along of the main room.

The bathroom and the bedroom are set back from the entrance.

The unit comes with washing machines and stainless steel kitchen appliances including a gas hob, as well as a storage locker.

A monthly fee of $ 322 pays for water, concierge services, and use of the shared gym.

The agent’s point of view

“This is a one bedroom junior apartment located near King and Spadina which is a very desirable area,” Pope said.

“It’s small, but there was a separate sleeping area, so it’s more appealing than a bachelor apartment where you sit on the edge of your bed and toss your Kraft Dinner. [on the stove]. “

Your home is your most precious possession. We have a week Real estate newsletter to help you stay on top of housing market news, mortgages, the latest closings and more. Register today.


Leave a Comment