King & Bathurst

Published Friday, Dec. 11 2009

208 NIAGARA ST., Unit 111, Toronto

ASKING PRICE: $449,900

SELLING PRICE: $445,000

TAXES: $2,835 (2008)

DAYS ON THE MARKET: three

LISTING AGENT: Christopher Bibby, Sutton Group Associates Realty Inc.

Within the Kings condominium community downtown, there are several brick structures containing about 100 stacked, multilevel townhouse units.

Upper-level units have rooftop terraces, while the units below – such as this three-storey residence – have direct access to a garage off the lower-level recreation room.

“It’s quite convenient,” agent Christopher Bibby says. “There isn’t any other townhouse complex in the city that has this type of access.”

This connection to the garage also results in extremely high 12-foot ceilings, which give that floor a more open feel. “It’s not like your typical finished basement,” Mr. Bibby says.

The 1,357-square-foot suite has a street-level entrance and powder room on the main level, as well as a living and dining area and rear kitchen overlooking a den with sliding doors to one of two terraces.

Hardwood floors are installed throughout those rooms, but broadloom carpeting cushions two second-floor bedrooms. The bigger one has a semi-ensuite bathroom and his and her closets.

“It’s quite a large space for that it was priced at,” the agent says of the unit. “It represented a lot of value, which is why it sold in a short period of time.”

Part of the monthly fee of $344 covers the maintenance of a gym, recreation room and sauna in the main building onsite. “Unlike most townhouses in the area, you do have access to the amenities inside the loft building,” Mr. Bibby says.

The surrounding area is also filled with urban conveniences, such as shops, restaurants and public transit.