Terrace gives King West condo a leg up

Written by Sydnia Yu | Published in In the Press|Globe and Mail
In the Press
July 7, 2011

Published Thursday, Jun. 16, 2011

954 KING ST. W., NO. 123, TORONTO

ASKING PRICE $399,900

SELLING PRICE $398,000

PREVIOUS SELLING PRICE $269,000 (2006); $121,937 (2000)

TAXES $2,234 (2010)

DAYS ON THE MARKET Six

LISTING AGENT Christopher Bibby, Sutton Group Associates Realty Inc.

The Action: Shy of one week, about 30 parties looked over this one-bedroom plus den suite in King West Village.

What They Got: On the ground floor of a roughly decade-old midrise, this 900-square-foot unit features contemporary décor and open loft-like spaces with 10-foot and nine-foot ceilings on the main and upper floors respectively.

Finishes range from tile flooring in the kitchen to laminate in the combined living and dining area, which also has floor-to-ceiling windows and sliding doors to a fenced-in patio.

Upstairs, cork flooring covers the sleeping area by the windows and an open den with a built-in projector and screen that lowers in front of mirrored his and her closets.

The unit has bathrooms on each level, a main floor laundry room and storage beneath the staircase, as well as an exterior locker and parking spot.

The monthly fee of $456 includes utilities and upkeep of the gym, party room and theatre.

Food, entertainment and transportation are all readily available in the immediate vicinity.

The Agent’s Take: “Typically, ground floor units are not highly sought after, but this one has a huge private terrace off the back, which was almost like a backyard,” says agent Christopher Bibby.

“They have the ability for someone downstairs to entertain, read, watch TV or do their own thing, and upstairs you still had enough space … to watch a movie or television.”

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