Done Deals: Three Way Bidding War for a King’s Landing Suite

Done Deals: Three Way Bidding War for a King’s Landing Suite            460 Queens Quay West

Sydnia Yu

Special to the Globe and Mail

Published Thursday, November 3, 2016

460 QUEENS QUAY W., No. 502E, TORONTO

ASKING PRICE: $1,048,000

SELLING PRICE: $1,111,880

TAXES: $5,225 (2015)

DAYS ON THE MARKET: Five

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

The Action: There aren’t often many opportunities to buy at the King’s Landing building, so this two-bedroom-plus-solarium suite drew in more than a dozen visitors within a few days this summer. It sold in under a week in a three-way bidding war.

What They Got: On the south side of a 30-year-old mid-rise – with optimal views of Lake Ontario – is this 1,672-square-foot unit with a balcony accessible from both bedrooms and a sunroom with a curved glass ceiling.

Set further back from the windows is an open living room, a dining area and renovated kitchen behind pocket doors, as well as two full bathrooms, laundry and storage facilities.

The unit comes with parking and monthly fees of $1,211 to cover water, security and amenities, such as a pool and tennis court.

The Agent’s Take: “King’s Landing is a very nice building built in the eighties and was very innovative for its time facing the waterfront,” agent Elli Davis says. “A lot of downsizers have bought in there and don’t move, and there’s a lot of downtown [professionals] who … like the access to the island airport and Financial District.”


Related Posts

Planning for Retirement: How Much Money Should You Save?

2017-03-23Have you started planning for your retirement? A recent survey conducted by the Royal Bank of Canada suggests that almost half of Canadians 55 years or older are not on track with their retirement planning. The same number of people also said their main concern was about money – and whether they will have enough […]

READ MORE →

Fixer-Upper or Move-in Ready? A Look at the Pros and Cons

2017-03-21Houses in Toronto come in all shapes and sizes and can range from heritage to sleek and modern. When looking for a new home, there are many considerations – Is the location ideal? Is it in my budget? Will it suit all my needs? But also: how much work do I want to take on? […]

READ MORE →

5 Unique Places to Dine in Toronto

2017-03-16Toronto has no shortage of amazing food and drink venues – you do not have to be a foodie to appreciate all the fantastic dining experiences our beautiful city has on offer. With so many options – how does one decide? If you are looking for something out of the ordinary for your next date […]

READ MORE →

6 Easy and Inexpensive Ways to Beautify Your Home this Weekend

2017-03-14Spring is just around the corner! Taking on a home improvement project can be a fun and rewarding activity for the weekend. If you are not the handiest of people, have no fear – there are projects even the most inexperienced of us can perfect. Here are 6 easy and inexpensive ways to beautify your […]

READ MORE →

5 Simple Tips to Keep the Chill Out of Your Home

2017-03-09Winter is not quite over yet, there are still a few weeks of frosty temperatures coming our way. If you are feeling the chill inside your home – try these 5 simple tips to keep the cold air out and the warm air in: 1. Use Curtains – In the day time, open your curtains […]

READ MORE →

Comments are closed.