The sellers of the four-year-old unit gradually lowered the asking price throughout the middle months of the year.Harvey Kalles Real Estate Ltd.
33 Helendale Ave., No. 2409, Toronto
Asking price: $449,900 (October, 2025)
Previous asking price: $465,000 (Sept. 26); $485,000 (Sept. 2); $499,900 (July 15); $509,000 (June 12); $529,000 (May 23); $549,900 (April 22); $564,900 (April 7); $569,000 (March 4)
Selling price: $415,000 (November, 2025)
Taxes: $2,499 (2024)
Property days on market: 254
Listing agent: Ira Jelinek, Harvey Kalles Real Estate Ltd.
This south-facing unit has floor-to-ceiling windows and a balcony running the length of the bedroom and living room.Harvey Kalles Real Estate Ltd.
The action
This one-bedroom unit without a parking spot is in a four-year-old high-rise siding onto Yonge Street, about a block north of Yonge Eglinton Centre and Eglinton subway station. Its asking price was slowly lowered from the $500,000s to the $400,000s this year, in stark contrast to similar models that had sold in the $600,000s in previous years.
“We were following the market, and as prices continued to decline, we had to adjust our approach,” said agent Ira Jelinek.
“This type of property, back in the day at the height of the market, traded for $640,000.”
High inventory levels in the area added to the challenge of drawing serious buyers. The seller rejected an early offer but negotiated a $415,000 deal from a new bidder in November.
“It’s a tough market for this type of property today,” Mr. Jelinek said.
“But we always had consistent showings. There was no lack of buyers looking at Yonge and Eglinton for a one-bedroom unit to live in.”
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What they got Open this photo in gallery:
The one-bedroom unit has ensuite laundry, but no parking space.Harvey Kalles Real Estate Ltd.
This south-facing unit has floor-to-ceiling windows and a balcony running the length of the bedroom and living room.
By the entrance is a four-piece bathroom, and a kitchen with an island and stainless-steel appliances.
The unit comes with ensuite laundry machines, and a storage locker. Monthly fees of $434 cover water, heating, and concierge, as well as use of a pet washing station, gym, games room and rooftop deck.
Located near ample shopping options and Eglinton subway station, the unit is ‘right in the thick of it.’Harvey Kalles Real Estate Ltd.
The agent’s take
“It was on a high floor and was facing south,” Mr. Jelinek said.
“It’s a good building because of its location by Yonge and Eglinton. It’s right in the thick of it.”