Buyers cut a deal on 40-year-old condo near St. Clair West subway station

Royal LePage Real Estate Services Ltd.

260 Heath St., W., No. 903, Toronto

Asking price: $995,000

Selling price: $980,000

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Previous selling price: $300,000 (1998)

Taxes: $4,696 (2020)

Days on the market: Seven

Listing agent: Elli Davis, Royal LePage Real Estate Services Ltd.

The action

This corner suite at the Village Terraces building benefitted from pent-up demand in late August, and took only a week to find a suitable buyer.

“There was one other two-bedroom [vacancy] at the time, but this was a larger, two-bedroom-plus-den,” agent Elli Davis said. “So … it was a good time to put it on the market because it was the only kind of its sort.

“The appeal was its size and location, and that’s what really does it every time.”

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What they got

In a roughly 40-year-old high-rise next to St. Clair West station and Cedarvale Ravine,

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