{"id":349147,"date":"2025-12-16T15:25:11","date_gmt":"2025-12-16T15:25:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/349147\/"},"modified":"2025-12-16T15:25:11","modified_gmt":"2025-12-16T15:25:11","slug":"seller-of-condo-with-cn-tower-view-gets-price-close-to-asking","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/349147\/","title":{"rendered":"Seller of condo with CN Tower view gets price close to asking"},"content":{"rendered":"

Open this photo in gallery:<\/a><\/p>\n

The south-facing unit is in the Europa building in Little Italy.Jordan Prussky Photography\/Jordan Prussky Photography<\/p>\n

308 Palmerston Ave., No. 305, Toronto<\/p>\n

Asking price: $725,000 (September, 2025)<\/p>\n

Selling price: $703,000 (November, 2025)<\/p>\n

Previous selling price: $277,469 (October, 2007) <\/p>\n

Taxes: $3,240 (2024)<\/p>\n

Days on the market: 64<\/p>\n

Listing agent: Christopher Bibby, Re\/Max Hallmark Bibby Group Realty <\/p>\n

Open this photo in gallery:<\/a><\/p>\n

The living room and bedroom both have Juliet balconies.Jordan Prussky Photography\/Jordan Prussky Photography<\/p>\n

The action<\/p>\n

The owner of this one-bedroom-plus-den unit at the Europa building saw a small upward blip in condo sales at the end of the summer as a good omen and decided to put it on the market after Labour Day. They received one offer, but negotiations proved unsuccessful. In November, another buyer came forward with an offer that was 97 per cent of the asking price, and the seller acquiesced.<\/p>\n

\u201cWe went out at a price that was negotiable,\u201d said agent Christopher Bibby. \u201cWe\u2019re not listing properties at a price thinking we\u2019d get 100 per cent.\u201d <\/p>\n

\u201cThe second offer was more sensible and in line with what we were trying to accomplish.\u201d<\/p>\n

The 764-square-foot unit could boast some advantages over other units in the 18-year-old building on College Street. <\/p>\n

\u201cWe were at the back of the building, overlooking amazing residential, freehold houses, and we had a view of the CN Tower,\u201d Mr. Bibby said.<\/p>\n

\u201cThe majority of one-bedroom plus dens in that building are 625 or 655 square feet. We were over 700 square feet. That definitely made ours more attractive.\u201d <\/p>\n

Open this photo in gallery:<\/a><\/p>\n

Jordan Prussky Photography\/Jordan Prussky Photography<\/p>\n

What they got<\/p>\n

This south-facing unit has oak hardwood flooring, full-height windows, and Juliet balconies in the living room and bedroom. <\/p>\n

There are two full bathrooms, a U-shaped kitchen with a breakfast bar, and a den by the entry foyer. <\/p>\n

The unit has one parking spot and a storage locker. Monthly fees of $941 cover the cost of water, heating, concierge, and use of a common gym. <\/p>\n

Open this photo in gallery:<\/a><\/p>\n

The unit is outfitted with oak hardwood flooring.Jordan Prussky Photography\/Jordan Prussky Photography<\/p>\n

The agent\u2019s take<\/p>\n

\u201cLittle Italy is not a condo-saturated neighbourhood,\u201d said Mr. Bibby. \u201cThat makes it special.\u201d<\/p>\n

\u201cThere are a lot of great restaurants and little cafes, but it still has that community, neighbourhood feel.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: The south-facing unit is in the Europa building in Little Italy.Jordan Prussky Photography\/Jordan…\n","protected":false},"author":2,"featured_media":349148,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[45,49,48,49594,143460,1398,968,143459],"class_list":{"0":"post-349147","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-ca","10":"tag-canada","11":"tag-done-deal","12":"tag-donedeal","13":"tag-nodelphi","14":"tag-real-estate","15":"tag-toronto-home-sales"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/349147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=349147"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/349147\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/349148"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=349147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=349147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=349147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}