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Fourteen bidders for Liberty Village townhouse

50 EAST LIBERTY ST., No. 1126, TORONTO

ASKING PRICE $599,000

SELLING PRICE $726,000

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PREVIOUS SELLING PRICE $505,000 (2015); $420,000 (2010); $320,000 (2006); $280,341 (2005)

TAXES $3,255 (2016)

DAYS ON THE MARKET Nine

LISTING AGENT Nancie McLeod, Sutton Group Old Mill Realty Inc.

The Action: The last comparable to this condominium townhouse sold for $640,000 last fall, so it was priced below $600,000 to entice eager house hunters early this year. More than 100 showings were lined up and 14 offers presented to the seller.

"When the sellers bought it 1 1/2 years ago, they were the one offer negotiating in the typical, old-school style," agent Nancie McLeod says. "But in January, people came out of the gate just ready to buy and the sellers just weren't there, so that contributed to [the bidding war] as well."

What They Got: In a complex with townhouses stacked on top of one another, this upper-level unit has a grand three-storey plan, including a rooftop terrace, plus street-level access, parking and two lockers.

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Recently updated bathrooms are located on the main and second floors. The former has an open principal room with new hardwood floors and updated kitchen with stainless-steel appliances, while the latter accommodates two bedrooms, including one with his and her closets.

Monthly fees of $451 also cover water.

The Agent's Take: "This one is an upper unit with a rooftop deck, which is very desirable; you could see 360 [degrees]," Ms. McLeod says. "[And the sellers] had done some really nice renovations."

The larger surrounding also suited all ages. "It's a nice little community in a high-rise neighbourhood, which really appeals to people, and it's on the edge of Liberty Village, so it's not right in the noise of it all," Ms. McLeod adds.

Video: Done Deals: This unit with expansive views of Lake Ontario sold for more than $80,00 over asking
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