Condomonium: $2.5 million for a two-bedroom condo with a terrace bigger than some apartments

Condomonium: $2.5 million for a two-bedroom condo with a terrace bigger than some apartments

ADDRESS: 20 Niagara Street, Unit 101

NEIGHBOURHOOD: Waterfront Communities–The Island

AGENT: Nick Whittington, Brad J. Lamb Realty

PRICE: $2,450,000

THE PLACE: A two-bedroom loft in 20 Niagara, a mid-rise building credited with kick-starting the condo colonization around Bathurst and King in the late 1990s. The development has won a raft of architecture awards, including one from the Ontario Association of Architects.

BRAGGING RIGHTS: It’s the largest unit in the building, which translates into enough space in the master bedroom for two separate ensuite bathrooms, each with its own walk-in closet—perfect for partners who don’t want to see each other before their first coffee of the day.

BIG SELLING POINT: Terraces line both the east and west sides of the condo. The eastern terrace, which overlooks Victoria Memorial Park, has been fully tricked out for entertaining with a kitchen, bar and fire pit (who doesn’t love a good fire pit?).

POSSIBLE DEAL BREAKER: The unit is on the first level. Although that puts the terrace roughly 12 feet off the ground, some condo owners may prefer a bit more removal from the park patrons below.

BY THE NUMBERS:
• $2,450,000
• 2,550 square feet
• $1,498.87 in monthly maintenance fees
• Over 1,000 square feet of outdoor space
• 70-inch HDTV screen
• 10-foot-high ceilings
• 4 bathrooms
• 2 bedrooms
• 2 parking spaces
• 2 terraces
• 1 office
• 1 private elevator