The sellers considered relisting or renting the roughly 920-square-foot unit, but a $1.1-million offer ended that debate
The modern kitchen has an island convenient for food prep.This two-bedroom suite with a 435-square-foot terrace is in a boutique building on Yonge Street and has had a high-end makeover. More than 60 visitors came through, but many balked at the price tag. Even though the sale price was almost $200,000 below asking, it still brought in an acceptable price when looked at on a price per-square-foot basis, said agent Christopher Bibby.
“Given the Bank of Canada’s position in June and July … we were getting a lot of traffic, but unfortunately a lot of buyers wanted to see how the market would unfold in the balance of the summer or the fall.”unit, but a $1.1-million offer ended that debate. “So, our outcome was a few dollars shy of $1,200 per square foot – we were at $1,195 per square foot – and that’s largely due to the terrace and extent of the work the sellers did.”Michael Peart Photography/Michael Peart Photography
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