Two Contenders For Large Yonge Street Condo

55 DELISLE AVENUE, NO. 505, TORONTO

  • ASKING PRICE $995,000
  • SELLING PRICE $993,500
  • PREVIOUS SELLING PRICES $850,000 (2008); $818,000 (October, 2006); $555,421 (July, 2006)
  • TAXES $6,139 (2011)
  • DAYS ON THE MARKET Nine
  • LISTING AGENT Elli Davis, Royal LePage Real Estate Services Ltd.
55 Delisle Avenue 505

55 Delisle Avenue 505

The Action:

There were about two dozen showings for this two-bedroom-plus-den corner suite situated in a brick mid-rise around the corner from popular restaurants, shops and subway at Yonge Street and St. Clair Avenue. With little turnover in the roughly six-year-old building, two contenders negotiated offers and the property was sold within days.

What They Got:

This fifth-floor suite is an mid-size model in the Carlyle with 1,505 square feet of living space, complete with nine-foot ceilings and windows everywhere but the enclosed den, as well as hardwood floors in public areas and carpeting in the private sleeping quarters on opposite sides of the unit.

The dining area is situated off the open living space and separate eat-in kitchen, which both have walkouts to a balcony with a gas outlet.

The master suite features a walk-in closet, a curved bank of windows and the larger of two full bathrooms.

Stacked laundry machines, stainless steel kitchen appliances, including a gas stove, two lockers and two parking spots, are included with the unit.

Each month, the fee of $1,224 covers water and heating costs, not to mention 24-hour concierge and maintenance of a gym, party room and guest suites.

The Agent’s Take:

“The appeal is that it’s a newer building by Yonge and St. Clair,” says agent Elli Davis. “It offered high ceilings and it was in excellent condition.”

The outdoor space also bore some benefits of a backyard. “It was a nice balcony that looked through the trees,” says Ms. Davis. “Many people moving from a home want to retain their barbecue and they do allow it there.”

Posted in The Globe and Mail, April 05, 2012


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