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Friday, January 17, 2020

Sold! Toronto condo goes for $2 million under asking

This Toronto condo was listed back in 2018 for a whopping $8.8 million. It finally sold last week for $6.35 million after over a year on the market. 

118 yorkville avenue torontoWhile it's impossible to say exactly why it took so long to sell, I would hazard a guess and say the price combined with the pretty unique decor. 

118 yorkville avenue torontoThat being said, if you get past the over the top decor the condo is solid. 

118 yorkville avenue torontoThe floor-to-ceiling windows, walnut flooring and professional kitchen are good building blocks for any luxury condo. 

118 yorkville avenue torontoThe principal rooms are spacious with plenty of room to host and entertain. 

118 yorkville avenue torontoAs for bedrooms, well there is only one.

118 yorkville avenue torontoBut it is very extravagant with two walk-in dressing rooms and two marble en suites. 118 yorkville avenue toronto

The Essentials
  • Address: #602 – 118 Yorkville Avenue
  • Type: Condo
  • Bedrooms: 1
  • Bathrooms: 3
  • Size: 4,000 square feet
  • Realtor: Royal LePage Real Estate Services Ltd. 
  • Hit the market at: $8,800,000
  • Sold for: $6,350,000118 yorkville avenue toronto
Why it sold for what it did?

For the prestige and convenience of living in the Hazelton Hotel.  118 yorkville avenue toronto

Was it worth it?

Even though this place sold for more than $2 million below the initial asking it still isn’t worth it. It’s a one bedroom condo with no outdoor space that you’d need to completely renovate to get it back to a decor that you might be able to live with. Not to mention the nearly $7,000 a month maintenance fees. 118 yorkville avenue toronto


by Misha Gajewski via blogTO

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