Done Deal, 35 BALMUTO ST., NO. 3802, TORONTO
35 BALMUTO ST., NO. 3802, TORONTO
ASKING PRICE: $1,849,000
SELLING PRICE: $1.8-million
PREVIOUS SELLING PRICE: $1,270,245 (2012)
TAXES: $10,739 (2016)
DAYS ON THE MARKET: 17
LISTING AGENT: Nigel Denham, Sotheby's International Realty Canada
The Action: Access to this two-bedroom-plus-den corner suite at Uptown Residences was restricted to private showings, whittling the number of visitors to just 20 in October. By the second week of exposure, a serious buyer worked out a $1.8-million deal.
"It was on par with the average days on market for that price point and location," agent Nigel Denham said.
"There were a few other comparable models; however, ours had a much better layout, nicer upgrades and second parking spot, which is a big bonus and somewhat rare under $2-milion in Yorkville."
What They Got: One of the largest plans available in the five-year-old high-rise is this over 1,800-square-foot suite with balconies off the living and dining area, den and secondary bedroom.
The wide and shallow layout also allows for windows in nearly every room, including a J-shaped kitchen and master ensuite, which is the largest of three bathrooms.
Monthly fees of $1,866 goes toward the cost of water, heating and concierge, plus fitness, media and party rooms.
The Agent's Take: "It was 1,800 square feet, so it has an excellent division of space," Mr. Denham said. "We had new floors put in just before the sale, so it gave us a big boost because we did it in herringbone, white oak, which is a hot look right now."
Buyers were also drawn to this building urban setting.
"The location is centre ice, a stone's throw from Bloor, across from Holt Renfrew, subway and Manulife Centre," Mr. Denham said.