Listed last summer, price of condo near King and Bathurst slides until buyer found

Toronto Home Sales News

Listed last summer, price of condo near King and Bathurst slides until buyer found
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The price was trimmed back to $1.335-million, then $1.32-million where it stood through the fall and winter seasons. In the new year, a buyer shook on a mutually beneficial price of $1.27-million

The unit has ten-foot ceilings and new hardwood flooring throughout, including the kitchen and dining area.This two-bedroom suite at the Thompson Residences, near King Street West and Bathurst Street, was initially listed for sale last summer with an asking price of $1.345-million. The price was trimmed back to $1.335-million, then $1.32-million where it stood through the fall and winter seasons. Buyers put out a few feelers, but lowball offers were discouraged.

“We had some opportunistic people pose verbal numbers, but my client had a little flexibility, but not much, and that paid off.”“We took a patient approach because of how special the unit in the building was,” Mr. Bibby said. This 14-year-old unit has 10-foot ceilings and new hardwood flooring throughout, including the kitchen and dining area.

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