Buyer moves quickly to secure two-bedroom condo in downtown Toronto
PUBLISHED SUNDAY, NOVEMBER 25, 2018
47 Lower River St., No. 346, Toronto
Asking price: $775,000
Selling price: $770,000
Previous selling price: $419,153 (2013)
Taxes: $3,091 (2018)
Days on the market: Two
Listing agent: Christopher Bibby, Re/Max Hallmark Bibby Group Realty
In November, barely 48 hours passed before a quick-thinking buyer filed a bid for this two-bedroom-plus-den suite condo in downtown Toronto at River City near the former Pan Am Games site.
“There were a lot of one-bedroom and one-bedroom plus dens being offered, so the fact we came out with a two-bedroom and two-bathroom [unit] is uncommon,” agent Christopher Bibby said.
“There are a lot of couples being priced out of the housing market or empty-nesters looking to downsize, so we’re seeing a real spike in demand for two-bedroom suites.”
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