33 Mill St. No. 415, Toronto

Asking price: $349,900

Selling price: $370,000

Taxes: $2,370 (2009)

Days on the market: five

Listing agent: Christopher Bibby, Sutton-Group Associates Realty Inc.

Agent Christopher Bibby was not expecting a bidding war over this one-bedroom-plus-den suite in the Distillery District, a pedestrian-only arts, culture and entertainment destination.

But its grand size and modern style promptly cinched a pair of offers and a third at the last minute.

“For the price, there was a lot of interior square footage,” says Mr. Bibby. “And the finishes were great.”

Situated in the podium of the recently completed Pure Spirits high-rise, this 764-square-foot unit has a typical long and narrow layout and Juliet balcony.

“For someone who doesn't necessarily need or want exterior square footage ... then this is great,” says Mr. Bibby.

The den, kitchen, living and dining areas are completely open concept with 10-foot ceilings and full-height windows creating the illusion of an even larger space.

To polish off the interiors, the sellers had the builder install upgraded hardwood floors, stainless steel kitchen appliances and granite-topped counters and island.

There are even sliding barn doors to the master bedroom, which has a semi-en-suite bathroom.

“It gave it a bit more of an edge and made it more appealing to the younger crowd,” says Mr. Bibby.

Convenient extras include laundry machines, a locker and parking.

The monthly fee of $428 covers heating costs and maintenance of amenities such as the gym, outdoor pool and party room, as well as a rooftop deck.

“If you want to live in a new building in the Distillery District, this is the only option right now,” adds Mr. Bibby.

“The other three buildings are roughly 10 years old.”