High Park condo proves to be a hot commodity this summer
PUBLISHED SUNDAY, OCTOBER 21, 2018
70 High Park Ave, No. 702, Toronto
Asking price: $599,900
Selling price: $600,000
Previous selling prices: $436,500 (2015); $226,742 (2005)
Taxes: $2,510 (2018)
Days on the market: Two
Listing agent: Christopher Bibby, Re/Max Hallmark Bibby Group Realty
For the most part, only agents and shoppers actively waiting for High Park condos to hit the market had enough time to tour this two-bedroom suite in July. By the second day, one party paid just $100 more than the $599,900 asking price to secure it.
“There seems to be a lot of demand in High Park, the Junction and Swansea area because it has a residential feel [as] there are not a lot of new developments and the buildings are quite small,” agent Christopher Bibby said.
“[The buyers] had lost out on a couple other units in the area, so they really wanted this space.”
What they got
Just a couple hundred metres north of High Park is the 13-year-old building where this 685-square-foot suite is anchored by an open living and dining area with hardwood floors and sliding balcony doors.
The kitchen was newly updated with cork flooring and stainless-steel appliances, and the main bathroom was converted into a second private ensuite.
There are stacked ensuite laundry machines and the unit also comes with storage locker and a parking spot. Monthly of $506 cover water, heating and use of recently renovated fitness, games, media and party rooms.
The agent’s take
“[The seller] redid the kitchen entirely – like the floors and lighting – and reconfigured the second bedroom and bathroom. So for a compact floor plan, it’s got everything in there,” Mr. Bibby said.
“Plus, it’s a short walk to High Park and the subway.”
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