One-bedroom North Toronto condo sells for under $500,000

PUBLISHED SUNDAY, MARCH 2, 2019

7 Broadway Ave., No. 304, Toronto

Asking price: $485,000

Selling price: $475,000

Previous selling price: $195,000 (2003); $165,000 (2001)

Taxes: $1,576 (2018)

Days on the market: 14

Listing agent: Christopher Bibby, Re/Max Hallmark Bibby Group Realty

The action

Next to the football field of North Toronto CI, the Broadway Plaza only offers rental parking to its residents, so this one-bedroom suite came with an extra monthly fee of $150 for its spot. Three dozen shoppers still made their way over for a tour mid-November.

“Someone had made an offer a couple days in so we decided to let it pass, and then we ended up working with the second offer that came in,” agent Christopher Bibby said.

“Given the state of the market, it sold in fairly average [number of] days.”