Condo of the Week: $3.3 million for an Annex unit with not one, but two huge terraces

Condo of the Week: $3.3 million for an Annex unit with not one, but two huge terraces

Condo of the Week: 385 Brunswick Avenue, Unit 502
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Address: 385 Brunswick Avenue, Unit 502
Neighbourhood: Annex
Agent: Richard Silver, Sotheby’s International Realty Canada, Brokerage
Price: $3,295,000

The Place: A two-bedroom unit on the fifth floor of The Loretto, a loft building formerly home to Loretto College School. It’s not to be confused with The Schoolhouse Lofts, The Loretto’s next-door neighbour. (We previously featured two units in that building.)

Bragging Rights: The foyer is both impressive and practical: the cavernous room and grand staircase make an impact on entering guests, and there’s plenty of space to remove shoes and coats, so the rest of the home will be free of mud, salt and slush.

Big Selling Point: We’ve featured other units with luxuriously sized terraces, but it’s rare to find a condo with two separate, private outdoor spaces that are each more than 900 square feet.

Possible Deal Breaker: As partiers congregate, one terrace will inevitably become the “fun” terrace. Embrace your inner diplomat and prepare to spend time with guests on both sides.

By the Numbers:

• $3,295,000
• $3,759.29 in monthly maintenance fees
• 3,600 square feet
• 4 bathrooms
• 4 parking spaces
• 2 bedrooms
• 2 terraces totaling 1,852 square feet
• 2 lockers
• 1 den