DONE DEAL Moss Park ground-floor unit appeals to young professionals, empty nesters alike
90 Sherbourne St., No. 102, Toronto (Moss Park)
Asking price: $1,045,000 (May, 2021)
Selling price: $1-million (May, 2021)
Previous selling prices: $950,000 (January, 2020); $425,000 (June, 2007); $315,000 (April, 2004); $210,000 (April, 1999); $149,941 (February, 1998)
Taxes: $3,093 (2020)
Days on the market: 15
Listing agent: Christopher Bibby, Re/Max Hallmark Bibby Group Realty
In an area filled with units advertising loft-like characteristics in newer towers, this one-bedroom-plus-den loft offers brick walls, as well as wood posts and beams original to a century-old warehouse. Ten buyers admired these industrial elements up close.
“There was nothing else for sale in the building, and lofts – regardless of market conditions – tend to do really well because there’s always low supply,” agent Christopher Bibby said.
“There were a lot of empty nesters and down-sizers, so that was interesting and positive because our target audience initially was young professionals and people looking for more authentic, creative spaces.”
The agent’s take
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