Upscale condo markdowns

If you are thinking of buying into a Toronto high-rise, know that the market is starting to cool. Here are four luxury condos that have recently dropped in price.

by Nicholas Mizera for Post City Posted: October 16, 2012 Photo: If you are thinking of buying into a Toronto high-rise, know that the market is starting to cool. Here are three luxury condos that have recently dropped in price.

Brilliant value in Bayview Village

This three-bedroom space in North York’s Chrysler Towers condos is a corner unit with nine-foot ceilings and a view of the CN Tower and Rean Park.

LISTING PRICE $997,000
PRICE ADJUSTMENT $201,000
ADDRESS 3 Rean Dr., Unit 2604
INTERSECTION Sheppard and Bayview
SIZE 1,800 sq. ft.
AGENCY Royal LePage Realty Centre, Brokerage
SPECIAL FEATURES Terrace with gas barbecue, three full baths, gas fireplace, hardwood floors; building offers Liberty Club recreational facilities, indoor pool and sauna

 

Less is more in Midtown

This unit’s three terraces atop the Minto Condos Midtown building — and every room as well — create a panoramic view of the city and lake.

LISTING PRICE $3,995,000
PRICE ADJUSTMENT $290,000
ADDRESS $290,000
INTERSECTION 2181 Yonge St., Southwest Penthouse
SIZE 3,665 square feet
AGENCY Sotheby’s International Realty Canada, Brokerage
SPECIAL FEATURES Onyx and marble flooring, gas barbecue, motorized blinds, Creston light and sound system; building includes concierge, gym, indoor pool and party room

 

Premium deal in Deer Park

Nestled in Forest Hill’s Lonsdale Condominiums, this six-room condo offers top-of-the-line finishes and broad garden view.

LISTING PRICE $1,295,0
PRICE ADJUSTMENT $200,000
ADDRESS 619 Avenue Rd., Unit 502
INTERSECTION Avenue and Lonsdale
SIZE 1,724 square feet
AGENCY Chestnut Park Real Estate Limited, Brokerage
SPECIAL FEATURES Custom European wall sheer curtains, built-in speaker system, oiled American walnut walls with linen wall coverings, Italian wool carpet, rain showers, wall safe, in-building car wash

 

Win out in Willowbrook

Each of the three bedrooms in this Landmark of Thornhill unit has a fully appointed ensuite, and one is even large enough to be a family room.

LISTING PRICE $628,888
PRICE ADJUSTMENT $40,112
ADDRESS 7905 Bayview Ave., Unit 413
INTERSECTION Bayview and John
SIZE 2,100 square feet
AGENCY Right at Home Realty Inc., Brokerage
SPECIAL FEATURES Jacuzzi tub in master bedroom; granite hardwood floors; sunroom; in-building gym, media room, sauna and racket sports courts

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