Done Deal

Downtown Toronto condo with hotel amenities sells quickly

Downtown Toronto condo with hotel amenities sells quickly


As seen in The Globe & Mail’s “Done Deal”

36 BLUE JAYS WAY, No. 728

Asking Price $434,900

Selling Price $440,000

Taxes $2,748 (2015)

Days on the Market One

Listing Agent Linda Velli, Pope Real Estate Ltd.

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The Action: Though there were a few other residential suites up for sale the mixed-use building anchored by SoHo Metropolitan Hotel, this furnished, two-storey unit was on the market for less than 24-hours as a strong offer was accepted in the evening.

What They Got: In a more than decade-old building, two-storey suites are the norm, such as this 900-square-foot space with double-height windows illuminating open sleeping quarters upstairs and a main floor living and dining area next to a kitchen with granite counters, marble tile backsplashes, stainless steel-topped island and hardwood floors.

Utilitarian features consist of an enclosed upper den, two bathrooms and ensuite laundry facilities.

Water and heating are covered by monthly fees of $663, which also gives access to a gym, pool, recreation room and recently renovated rooftop deck, as well as concierge and hotel services.

The Agent’s Take: “It was completely furnished and a bit renovated, and my client had a knack for decorating, so it showed really well,” agent Linda Velli says. “The location is really good and it’s part of a hotel, so it has some cachet.”



Originally published in the Globe & Mail on Thursday, Apr. 14, 2016 8:00AM EDT