Done deals: Adelaide and Church

55 Lombard Street No 303
55 Lombard Street, No. 303

DONE DEALS TORONTO

Adelaide and Church

From Friday's Globe and Mail

  • 55 Lombard Street, No. 303
  • Asking price: $289,900
  • Selling price: $289,900
  • Taxes: $2,126 (2008)
  • Days on the market: 20
  • Listing agent: Julie Kinnear, Royal LePage Real Estate Services Ltd.

Few people are aware of the benefits that come with a suite in this low-rise boutique condominium downtown, according to agent Julie Kinnear.

In a building completed about 25 years ago, this one-bedroom third-floor suite with den offers a 1,059-square-foot plan, and two bathrooms - a powder room and an upgraded five-piece ensuite in the master bedroom.

"It's good square footage for the price of the property, compared to other new [buildings]," the agent says.

In move-in condition, the unit has parquet floors and spacious south-facing windows in the bedroom and den. The latter overlooks the combined living and dining area.

Within the past few years, new appliances were installed, including a fridge, stove and dishwasher in the kitchen, and a washer and dryer in the laundry room.

The unit comes with a locker and parking. A monthly fee of $573 covers heating and the upkeep of amenities such as a rooftop terrace.

The outdoor spaces are among the "nicest" Ms. Kinnear has seen. They include a heated pool, Weber barbecues, interlocking brick walkways and many covered and private patio areas. "It's like an urban oasis," she says.

Security and 24-hour concierge services are provided. There are retailers on the building's ground level, while more shops, the subway, a 24-hour supermarket and theatres are within walking distance.

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