Wednesday, December 1 2021

1029 King Street, West # 219, Toronto

Request a price: $ 799,000 (mid-July 2021)

Previous asking price: $ 825,000 (beginning of July 2021)

The story continues under the ad

Sale price: $ 786,000 (mid-July 2021)

Previous sale price: $ 665,000 (February 2019); $ 347,600 (December 2009)

Taxes: $ 2,441 (2020)

Days on the market: Of them

Listing Agents: Scott Hanton and Daniel Macfarlane, the Weir team

The action

This 810 square foot unit has a two story design with concrete finishes, double height ceilings, large windows and sliding patio doors in the open concept living and dining area.

The Weir team

Officer Scott Hanton was hoping a decent crowd would visit this one-bedroom den and den in the Electra Lofts building, but has not received any requests to visit.

“Since COVID, this is the perfect example of how any listing can be totally unpredictable when it comes to interest levels,” Hanton said.

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“[Plus] many buyers and their realtors were confused about the different prices in the building as some suites presented themselves as larger than they actually were.

After four days without visitors, this unit was relisted for $ 26,000 less than before. This seemed to do the trick, as 10 potential buyers quickly booked private sessions. A visitor made a deal for an additional $ 13,000 over the asking price.

“The spring rush of condominium buyers has dried up, putting the remaining July buyers in the driver’s seat,” Hanton said.

“It was staged, painted and glittering, and ultimately, we think that’s why it stood out.”

What they have

The unit includes two bathrooms and six appliances, as well as a storage locker and parking.

The Weir team

This 810 square foot unit has a two story design with concrete finishes, double height ceilings, large windows and sliding patio doors in the open concept living and dining area.

The main room is also visible from the kitchen and an upper boudoir and a bedroom with glass railing.

The story continues under the ad

The unit includes two bathrooms and six appliances, as well as a storage locker and parking. The monthly fee of $ 561 covers utilities and use of the fitness and party rooms.

The agent’s point of view

The monthly fee of $ 561 covers utilities and use of the fitness and party rooms.

The Weir team

“Whether you’re on the second, fourth, or sixth floor, it’s a big building,” Hanton said.

“This unit has a separate office space, so after the pandemic started, it was a space that everyone wanted.”

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