Illness blocks sale of small apartment in downtown Toronto

39 Brant St., No. 922, Toronto

Asking price: $525,000 (end of October 2021)

Selling price: $525,000 (October 2021)

Previous asking price: $525,000 (mid-October 2021)

Taxes: $1,644 (2021)

Days on the market: A

Listing agent: Robin Pope, Pope Real Estate Ltd.

The action

Located near King and Spadina, the building was built in 2017.Pope Real Estate Ltd.

A home hunter quickly grabbed this one-bedroom downtown suite when it went on sale last fall, but when the renter fell ill, tours were quickly canceled, leaving the eager buyer unable to get a personal look.

Once the renter recovered the following week (a test for COVID-19 was negative), the unit was relisted for the same price of $525,000 and a deal was struck with no terms.

“Unfortunately, there were no in-person viewings because the tenant was ill, and yet someone made an offer for the full price,” said Agent Robin Pope.

“And that’s just because the market is so strong because there’s a lack of inventory.”

What do they have?

The bathroom and bedroom are further back at the entrance.Pope Real Estate Ltd.

Built in 2017, this 404-square-foot unit has a contemporary, loft-style feel with hardwood floors and three-foot exposed concrete ceilings, as well as a wall of south-facing windows along the main room.

The bathroom and bedroom are further back at the entrance.

The unit features washing machines and stainless steel kitchen appliances, including a gas stove, plus a storage closet.

Monthly fee of $322 for water, concierge services and use of the community gym.

The agent takes

“It’s a junior one bedroom apartment near King and Spadina, a very desirable area,” said Mr Pope.

“It’s small, but it had a separate sleeping area, so it’s more appealing than a bachelorette apartment where you sit on the edge of your bed and stir your Kraft dinner [on the stove].”

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