View, upgrades help in Radio City condo sale

Written by Sydnia Yu | Published in <a href="//www.theglobeandmail.com/life/home-and-garden/real-estate/view-upgrades-help-in-radio-city-condo-sale/article17022658/" target="_blank"The Globe and Mail
In the Press
February 24, 2014

 

281 MUTUAL ST., NO. 1804, TORONTO

ASKING PRICE $389,900

SELLING PRICE $382,000

TAXES $2,213 (2013)

DAYS ON THE MARKET 30

 

LISTING AGENT Christopher Bibby, Sutton Group-Associates Realty Inc.

The Action: On the west side of a high-rise in the Radio City complex, there were vacancies for identical one-bedroom-plus-den suites four floors apart. This one above on the 18th floor was often visited after buyers had seen the other, and eventually sold for $32,000 more.

What They Got: This more than 660-square-foot suite bears modern design and decor with an open den and entertaining and dining area with hardwood floors, floor-to-ceiling windows and sliding balcony doors.

Areas more sectioned off include a kitchen with a custom stainless steel breakfast bar and appliances, a master bedroom and a four-piece bathroom.

Ensuite laundry facilities, a locker and parking are other assets of this unit, which owes monthly fees of $503 for concierge and common areas, such as fitness and party rooms.

The Agent’s Take: “My client had done some upgrades, so she had built-ins in the living area, the bedroom and den,” agent Christopher Bibby said. “It had an unobstructed west view that isn’t going to go anywhere – because it overlooks a school – so the view is quite stunning of the CN Tower, city skyline and even some of the lake.”

The building’s urban setting also pleased buyers. “You’re pretty central in that location in the sense it’s a quick walk to the Financial District, the subway line and Bloor Street,” Mr. Bibby said.

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