National Post: Million Dollar View

National Post: Million Dollar View

National Post

September 5, 2019

By Connie Adair

Downtown Toronto

35 Balmuto St. #2304 (Yonge and Bloor streets)

Asking price: $1.089 million
Sold for: $1.08 million
Taxes: $5,278 (2019)
Monthly fee: $1,097
Garage: 1
Bedrooms: 2
Bathrooms: 2
Square footage: 1,057
Days on the market: 18

This corner suite offers, quite literally, a million-dollar view. Every room has access to an outdoor space — which includes both a 300-square-foot terrace and a 25-square-foot balcony. The interiors are also primed for views of the city thanks to an abundance of large windows.

Beyond the view, the unit offers a good compromise to a house, says listing agent Daniel Bloch. It’s more than 1,000 square feet, and includes both a spacious open-concept living room/kitchen (complete with the requisite granite countertops and stainless steel appliances) as well as a king-sized master bedroom with a walk-in closet and a walkout to the terrace.

The 48-storey highrise has about 600 suites and comes with amenities such as a concierge, a games room and a gym. Standard fare, perhaps, but Bloch points out that “it is one of the few buildings in this area that has visitor parking.” (This is Yonge and Bloor, remember.)

It’s also a good investment at $1,021 per square foot, he says. “It is great value compared to other buildings in the area, which are selling north of $1,200 per square foot.”

Bloch says the unit received a “significant amount of interest” and three offers.

Listing Broker: Harvey Kalles Real Estate Ltd. (Liora Tal and Daniel Bloch)