Staging helps sell one-bedroom condo suite in King West
Published Wednesday, Aug. 12, 2015
478 King St. W., No. 420, Toronto
ASKING PRICE $345,000
SELLING PRICE $335,000
PREVIOUS SELLING PRICE $247,965 (2012)
TAXES $2,107 (2014)
DAYS ON THE MARKET 11
LISTING AGENT Christopher Bibby, Sutton Group-Associates Realty Inc.
The Action: In April, this one-bedroom suite without parking was staged to make a good first impression on buyers.
About 17 took the bait and scheduled a private showing, but just one tabled an offer during the second week of marketing.
What They Got: A large part of this 540-square-foot suite within a three-year-old high-rise, called Victory, is dedicated to an open living and dining area with engineered hardwood floors, kitchen facilities along one wall, floor-to-ceiling windows and sliding balcony doors.
Behind closed doors is a carpeted master bedroom and a three-piece bathroom and laundry facilities off the foyer.
Monthly fees of $315 cover water and heating, concierge, fitness and media rooms.
The Agent’s Take: “You’re on the border of King West and the Entertainment District, so the location appealed to a lot of people working downtown in the Financial District,” agent Christopher Bibby says.
“This faced north into a private courtyard of Quad Lofts – a building behind – so it’s quite quiet and private. You really didn’t feel like you were on King Street.”
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