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Real Estate News

Condo of the Week: $600,000 for a two-bedroom suite in a once-controversial Queen West building

By Josh Dehaas
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The condo for sale at 1169 Queen Street West

Address: 1169 Queen West, PH 720 Neighbourhood: Little Portugal Agent: Alexander James Wilson, Re/Max Condos Plus Corp., Brokerage Price: $600,000

The place: A two-bedroom, two-storey penthouse in a five-year-old building.

The history: A decade ago, developers dubbed this project the Bohemian Embassy, in a bid to take advantage of Queen West’s resurgent hipness. Local artist Michael Toke nicknamed the place the “Bohemian Embarrassment.” The name stuck. Sensing a deal, real estate agent Alex Wilson grabbed a penthouse in the building. Now he’s moving on to a bigger space in the same neighbourhood.

Big selling point: The asking price is reasonable for a two-bedroom place in such a sought-after area. Two-bedroom units of similar size in other buildings go for well into the $700,000s.

Possible deal breaker: The lower price is partly offset by the maintenance fees, which are over $700 a month. Wilson points out that the money does, at least, contribute to a healthy reserve fund. It also covers some fun amenities, including party areas, an arts and crafts room and bike storage.

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By the numbers:

• $600,000 • 1,010 square feet • $722 in monthly maintenance fees • 100-square-foot terrace • 2 bedrooms • 2 bathrooms • 1 parking space

Condo of the Week: $600,000 for a two-bedroom suite in a once-controversial Queen West building

The living areas are on the main floor. The owner carved out a small “office nook” with built-in shelving, visible just behind the dining table.

Condo of the Week: $600,000 for a two-bedroom suite in a once-controversial Queen West building

Here’s the reverse view.

Condo of the Week: $600,000 for a two-bedroom suite in a once-controversial Queen West building

The kitchen has Caesarstone countertops.

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Condo of the Week: $600,000 for a two-bedroom suite in a once-controversial Queen West building

Both bedrooms are on the upper floor. This bedroom is being used as an office.

Condo of the Week: $600,000 for a two-bedroom suite in a once-controversial Queen West building

And here’s the main bathroom.

Condo of the Week: $600,000 for a two-bedroom suite in a once-controversial Queen West building

The master bedroom.

Condo of the Week: $600,000 for a two-bedroom suite in a once-controversial Queen West building

The master ensuite has a glass-enclosed shower.

Condo of the Week: $600,000 for a two-bedroom suite in a once-controversial Queen West building

Barbecuing is allowed, but the buyer will probably need a pretty skinny grill.

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$1.6 million for a Concord penthouse with two stories, three dining rooms and four climates

The 1,980-square-foot home sits atop Vaughan’s skyline and also comes with a water-vapour fireplace and two parking spots

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