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Done Deals: Large, Upscale Yonge-Bloor Condo Snapped Up In Days

POSTED ON January 14th  - POSTED IN Done Deals, Elli's Archives, Featured News

Done Deals: Large, Upscale Yonge-Bloor Condo Snapped Up In Days1 St. Thomas Street
1 St. Thomas Street, No. 16A, Toronto

ASKING PRICE: $2,625,000

SELLING PRICE: $2,615,000

TAXES: $16,084 (2015)

DAYS ON THE MARKET: Four

LISTING AGENT: Elli Davis, Royal LePage Real Estate Services Ltd.

Published in The Globe and Mail January 14, 2016

The Action: Early in the fall, the luxury One St. Thomas Residences had few vacancies other than this two-bedroom-plus-den corner suite. It was picked up for $2.615-million in a matter of days.

What They Got: New York architect Robert Stern designed this eight-year-old high-rise with luxury amenities, services and suites, such as this 2,497-square-foot unit with a formal dining room and living room with a gas fireplace and loggia with a second access point from a den.

• Appointments are upscale, such as hardwood floors, granite floors and Sub-Zero and Wolf appliances, as well as three bathrooms, a walk-in closet in the master and his-and-her closets in the secondary bedroom.

• A laundry room, locker and two-car parking complete the unit, which owes $2,474 monthly for water and use of common areas.

The Agent’s Take: “The building is beautiful – and newer – so it offers a pool, gym, concierge, visitor parking and valet parking,” agent Elli Davis says. “And it’s right on the Mink Mile on Bloor Street, so it’s a very sought-after building.”

The suite was staged to showcase its core features. “It’s quite original, but well kept,” Ms. Davis says. “It has a large balcony/terrace and two bedrooms and a den.”

 


 

Done Deals: Lower Asking Price Boosts Bids

POSTED ON September 25th  - POSTED IN Done Deals, Elli's Archives, Featured News

Done Deals: Lower Asking Price Boosts Bids402 Glenlake Avenue
402 Glenlake Avenue

ASKING PRICE: $899,000
SELLING PRICE: $936,000
PREVIOUS SELLING PRICE: $605,000 (2007)
TAXES: $4,720 (2015)
DAYS ON THE MARKET: 28
LISTING AGENT: Elli Davis, Royal LePage Real Estate Services Ltd.

Published in The Globe and Mail, September 17, 2015

The Action: A great deal of traffic flowed through this detached, three-bedroom residence, but without an offer and with a number of other alternatives nearby, the price was dropped below $900,000 to attract more buyers.
The move put the residence on the radar of two potential buyers who made competing bids.

What They Got: Less than a 10-minute walk from High Park, this brick house with an attached garage displays traditional stained-glass windows and hardwood floors in areas such as the fireside living room, which has access to a sunroom with ceramic floors.

Since 2007, the original centre-hall plan was modified with a newly combined dining area and kitchen with a walkout to a deck and 57-by-75-foot lot, as well as a new roof, furnace and lower level recreation room with one of three bathrooms.

The Agent’s Take: “The location of it really helped sell it; it’s a very hot area,” agent Elli Davis says.

“It’s close to High Park and the subway.”

The seller’s improvements also increased the home’s value.

“Glenlake was a very nice house – a three-bedroom house – with a renovated kitchen and main-floor powder room,” Ms. Davis explains.

“[In one bedroom], the owner put in steps to a third floor, so it was more of a loft for storage or a play area.”

Real Estate Professional Magazine: Hot List 2015

POSTED ON September 3rd  - POSTED IN Elli's Archives, Featured News

Real Estate Professional Magazine has released its 2015 Hot List: 150 sizzling players who are setting theREP MagCover industry on fire. REP Magazine asked the real estate community for their input on which of their peers are the most successful, most engaging and most innovative people. Elli is proud to be included in this group and featured in the article!

“Everyone on our Hot List has one thing in common – they’re all changing the face of the Canadian real estate industry.”

Real Estate Professional Hot List 2015 – Elli Davis Feature

Done Deals: North Toronto House Sells For $90,000 Over Asking Price

POSTED ON August 4th  - POSTED IN Done Deals, Elli's Archives, Featured News

127 Castlefield Avenue, Toronto

ASKING PRICE: $1,295,000127 Castlefield Avenue
SELLING PRICE: $1,385,000
PREVIOUS SELLING PRICE: $467,500 (1992)
TAXES: $7,993 (2014)
DAYS ON THE MARKET: Three
LISTING AGENT: Elli Davis, Royal LePage Real Estate Services Ltd.

Published in the Globe and Mail, July 31, 2015

The Action: Just a 10-minute walk from restaurants, shops, cinemas and a subway station on Yonge Street, this North Toronto home was scheduled for nearly a week of exposure. But the weekend open houses were cancelled after the owners accepted an offer from one of six visitors with mid-week private showings.

What They Got: A 27-by-134-foot lot anchors this three-storey structure with three bedrooms, three bathrooms, formal principal rooms and five decks, including one leading to a fenced yard from a fireside family room behind the double garage.

The basement offers a recreation area and a guest bedroom, while the second floor accommodates an eat-in kitchen and fireside living room with decks and a central dining area.

The Agent’s Take: “You could walk to Yonge and Eglinton, so it’s in a prime area,” agent Elli Davis says. “And it’s an older area, but this was a detached home that had been built in the eighties, so it was more contemporary.”

The set-up also suited a wide range of potential buyers, from large families to professionals wanting an urban setting. “It really had three full floors of living space, so it was very large, larger than you’d think from the street,” Ms. Davis says.

“It has a nice backyard and faced south, so you had a good view of the CN Tower from the second floor.”

Done Deals: Large Forest Hill Condo Sells Quickly

POSTED ON July 17th  - POSTED IN Done Deals, Elli's Archives, Featured News

350 Lonsdale Rd., No. 612                                               
ASKING PRICE: $838,000
SELLING PRICE: $838,000
PREVIOUS SELLING PRICE: $581,000 (2008)
TAXES: $4,056 (2014)
DAYS ON THE MARKET: Two
LISTING AGENT: Elli Davis, Royal LePage Real Estate Services Ltd.

Published in the Globe and Mail July 16, 2015

The Action: Forest Hill condominiums were a hot commodity this spring with local downsizers, so this designer’s own suite at The Lonsdale residence sold quickly after 10 showings.

What They Got: In 2008, key areas of this 1,407-square-foot space were remodelled, including the two bathrooms and a kitchen with an island, glass tile backsplashes and hardwood floors.

One of three carpeted bedrooms was opened up to create a den off a dining area and entertaining space along a wall of windows and sliding balcony doors.

A locker and parking round out the package. Monthly fees of $1,507 pays for utilities and cable, and common areas such as a rooftop deck and indoor pool.

The Agent’s Take: “That was a two-bedroom and den, originally a three-bedroom, which are increasingly hard to find in the city,” says agent Elli Davis. “It had also been renovated beautifully by the owner.”

The 44-year-old mid-rise – which Ms. Davis once resided in with her parents in the 1970s – also has a solid reputation.

“A lot of people like the older buildings because they’re well managed, have good reserve funds and space, which is key compared to the little matchboxes they’re building today,” she says.

“It’s right near Forest Hill Village, the subway, it’s a very high demand area, and it has a big party room on the main floor, 24-hour security, so it really has all the facilities someone would want.”

Bay Street Condo Sells Over Asking Out of Agent’s Rolodex

POSTED ON May 15th  - POSTED IN Done Deals, Elli's Archives, Featured News

1166 Bay Street

1166 BAY ST., NO. 1304, TORONTO
ASKING PRICE: $1,095,000
SELLING PRICE: $1,120,000
TAXES: $7,108 (2014)
DAYS ON THE MARKET: Zero
LISTING AND CO-OP AGENT: Elli Davis, Royal LePage Real Estate Services Ltd.

Published in the Globe and Mail, Friday May 15, 2015

The Action: In an established Yorkville high-rise, the owners of this three-bedroom corner suite hoped to sell it with little fanfare, so they asked agent Elli Davis to find them a buyer, which she pulled from her list of clientele.

What They Got: This nearly 2,100-square-foot suite is fairly original to its construction 34 year ago with a separate eat-in kitchen, open dining and living rooms and three bedrooms, including a master with one of two bathrooms.

A laundry room with a sink, two storage lockers and parking spots provide storage for the unit, while $1,973 monthly pays for water and recreational facilities.

The Agent’s Take: “It was a very nice building built in the ’80s by Cadillac Fairview and it’s been kept up very well,” agent Elli Davis notes. “The building offers amenities, valet parking, doorman, pool and party room.”

Residents tend to stay long-term, making units highly coveted. “There are five suites per floor and all range 2,000 to 2,200 square feet and three face east and two west; all different plans, but all generous sizes,” Ms. Davis notes.

“This faced west and it was about 2,100 square feet, and it appealed to someone coming out of a home.”

In Toronto, Bidding Wars Enter New Territory

POSTED ON April 8th  - POSTED IN Elli's Archives, Featured News

I was recently interviewed by Carolyn Ireland of the Globe and Mail about the bidding wars over detached homes that have been causing a stir in Toronto real estate.

By: Carolyn Ireland
Globe and Mail

Elli Davis, an agent with Royal LePage Real Estate Services Ltd., was decrying the lack of listings a couple of weeks ago, but the opening days of March have brought new properties.

“It’s really explbidding wars globe and mailoded,” she says.

On just one day this week she listed a house at 36 Binscarth Rd. in Rosedale, a condo unit at the Prince Arthur in Yorkville, and a house at 221 Coldstream Ave. in Bedford Park.

During the agents’ open house on Binscarth, she was monitoring the offers that were arriving for 3 Delavan Ave., which was listed for $1.875-million in Forest Hill.

“I’ve got two registered offers – no three – no it looks like four,” she said, scrolling through her inbox just before noon.

The night before, Ms. Davis received 11 offers for a single-family house at 96 Major St. The location near the University of Toronto drew lots of interested people, she says.

The house, listed with an asking price of $625,000, sold for $768,888, or $143,888 above asking.

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