DONE DEALS TORONTO
Queen and Spadina
Published in Friday's Globe and Mail on Thursday, October 21th, 2010.
477 Richmond Street West
- 477 Richmond Street West #201, Toronto
- Asking price: $299,900
- Selling price: $322,000
- Previous selling price: $1,526 (2009)
- Taxes: $3,800 (2010)
- Days on the market: 7
- Listing agent: Julie Kinnear, Royal LePage Real Estate Services Ltd.
THE ACTION
There were three offers for this authentic, two-storey loft, which is located in a former office building downtown, says agent Julie Kinnear.
WHAT THEY GOT
The professionally renovated 865-square-foot loft has an open concept den, kitchen and living room with 16-foot ceilings with exposed duct work, large windows and an industrial-strength spiral staircase to a loft bedroom.
Other highlights include a kitchen island and stainless steel appliances, as well as a four-piece bathroom with laundry machines, ceramic tile backsplashes and a rectangular vessel sink mounted on custom wood cabinetry.
The monthly maintenance fee is $294. Rental parking is $180.
THE AGENT'S TAKE
"[Units in this building] don't come up for sale too much, especially not in that price range," says Ms. Kinnear. "There are a lot of larger and more expensive ones in there."
In 2005, the sellers converted the raw office space into a custom residence with unique elements.
"They did a lot with it … and that staircase was pretty amazing," adds Ms. Kinnear. "It wasn't your average tiny, tight circular staircase that's really hard to … get up and down."