Condo of the Week: $1.8 million for a spacious 1980s suite with an updated interior

Condo of the Week: $1.8 million for a spacious 1980s suite with an updated interior

Address: 1132 Bay Street, Unit 1001
Neighbourhood: Yorkville
Agent: Lynn M. Robinson, Sotheby’s International Realty Canada, Brokerage
Price: $1,825,000
Previously sold for: $725,000, in 2006

The place

A large three-bedroom unit in a 1983 building that has only two units per floor.

The kitchen has Miele and Thermador appliances:


The breakfast area is surrounded by windows:


It’s difficult to tell that the unit is more than 30 years old:


There’s a fireplace in the living room:


There are three bedrooms. This one is being used as an office:


Another bedroom:


And here’s the master bedroom:


The sellers had the master bathroom’s ensuite bathroom enlarged so they could add a soaker tub:


The history

A couple based in the Caribbean bought this place a decade ago so they could spend time with their children, who were at boarding school in Canada. They ridded the place of all its 1980s trappings, even raising the ceilings in some rooms.

Big selling point

The asking price per square foot ($807) is lower than in newer buildings in the neighbourhood, but this place is no farther away from Holt’s and Hermès.

Possible deal breaker

There’s no private outdoor space. There is, however, a shared terrace—and the patio at La Société couldn’t be closer.

By the numbers:

• $1,825,000
• 2,260 square feet
• $1,995 in monthly maintenance fees
• 3 bathrooms
• 3 bedrooms
• 3 newer TVs with surround sound included
• 1 fireplace
• 1 parking space

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