After 20 visits, Moore Park unit sells for $17,000 shy of the list price
Keller Williams Referred Urban RealtyAbout 20 buyers toured this 1,166-square-foot suite, undeterred by the extra steps and special financing required to purchase a unit in a co-op building. With few other options in the low-rise buildings hugging the Rosedale Ravine, it received two bids and sold $17,000 shy of the list price.
“It was a time when there wasn’t really anything for sale, so we capitalized on that,” said agent Andrew Ipekian. “The nice thing about a co-op is you get a lot more space than you would in a traditional condo. But financing is a lot more challenging than a traditional condo. As well, you need to go through an interview process to be accepted into the building.”Keller Williams Referred Urban RealtyThis two-bedroom unit has parquet flooring, pot lights and a wood-burning fireplace in the living room. The galley kitchen has been updated tile flooring and stainless-steel appliances.
The unit comes with a storage locker but not an assigned parking spot. Rental parking spots range from $50 to $90 a month. Subway stations on Bloor and Yonge streets are about half a kilometre away, along with a variety of restaurants and shops.Keller Williams Referred Urban Realty“A lot of people live in Rosedale already or were familiar with living in such a great neighbourhood and wanted to stay,” Mr. Ipekian said.
“Compared to newer condos being built today, this gives them a generous amount of space and feeling like their current home they were transitioning out of.
Done Deal Real Estate Nodelphi Donedeal
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