King and Strachan

Written by Sydnia Yu | Published in In the Press|Globe and Mail
In the Press
August 20, 2010

Published Thursday, Aug. 12 2010

21 Pirandello St., No. 1205, Toronto

Asking price: $249,900

Selling price: $250,000

Previous selling price: $139,165 (2005)

Taxes: $1,481 (2009)

Days on the market: 10

Listing agent: Christopher Bibby, Sutton Group-Associates Realty Inc.

This stacked condominium townhouse unit was a magnet for buyers wanting to live close to the hip shops, pubs and businesses in Liberty Village, but with a modest budget in the mid-$200,000s, agent Christopher Bibby says.

“Everything in there sells so quickly and that area’s very high demand right now, especially at this price,” says Mr. Bibby, who received an offer on the unit the day it was listed.

“There are so many condo [towers] going up in the city, so something like this is really unique and will definitely hold its value in the long run.”

The 550-square-foot ground-floor unit is among the smallest one-bedroom suites available in the roughly four-year-old complex, but it has an outdoor space measuring nearly 300 square feet.

“There was an extremely large terrace outside the unit with running water, electricity and natural gas, which was very appealing to buyers,” the agent says.

The patio has an entrance to an open-concept living and dining area with hardwood floors and a peninsula separating the rear kitchen. “It had a very practical layout and every room was very well defined,” Mr. Bibby says.



The unit is equipped with a four-piece bathroom and six appliances, including a washer and a dryer. A storage locker is included, but not parking.

The monthly fee of $136 pays for services such as landscaping and snow removal.

“You don’t have full 24-hour security or concierge, a swimming pool, a gym or all those amenities that most people honestly don’t end up using, so it keeps the fees down,” Mr. Bibby says.


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