Five bids for Toronto lakefront two-bedroom unit
The Globe And Mail | By Sydnia Yu
12 York St., No. 4307, Toronto
Asking price: $915,000 (Late December, 2021)
Previous asking price: $885,000 (mid-December, 2021)
Selling price: $940,000 (Late December, 2021)
Previous selling price: $875,000 (September, 2019); $490,381 (May, 2016)
Taxes: $3,770 (2021)
Days on the market: One
Listing agent: Christopher Bibby, Re/Max Hallmark Bibby Group Realty
Down the street from the CN Tower, this two-bedroom-plus-den unit at the Ice building made its debut on the market priced at $885,000, which was $3,000 shy of the amount a similar unit fetched two weeks prior in December. Days later, after hearing that another nearly identical unit on the 47th floor had been purchased for $912,000, the owner of this unit hiked the asking price to $915,000. Within 24 hours, five bids had been made and a deal agreed at $940,000.
“When we saw there was a bidding war on [unit] 4707, we felt some of those buyers may transfer over to our unit, which it appears they did,” agent Christopher Bibby said.
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