Midtown Toronto Condo Attracts Downsizers At Yonge and Eglinton

70 Roehampton Ave, No. 2415

ASKING PRICE $1,249,000

SELLING PRICE $1,240,000

TAXES $7,260 (2014)

DAYS ON THE MARKET 37

The Action: In the south tower of the Republic, which encompasses the new North Toronto Collegiate Institute, this two-bedroom corner suite was listed at the same time as a two-bedroom-plus-den unit 100 square feet smaller across the hall. Though they offered a similar price per square foot, the smaller unit suited a younger crowd, while this one captivated downsizers and growing families.

What They Got: Built less than five years ago within a contemporary, two-tower, LEED-certified complex, this 1,850-square-foot suite is lavishly appointed with hardwood floors, crown mouldings and floor-to-ceiling windows in a fireside living room and a dining area with a balcony door, as well as a pantry, granite counters, porcelain tile floors and stainless steel appliances in the eat-in kitchen.

On opposite ends of the unit are two bedrooms with full bathrooms and his-and-her closets in the master suite.

Powder and laundry rooms, a locker and two-car parking add convenience to this unit, along with monthly fees of $969 toward the use of amenities, such as a gym, pool, theatre, entertainment centre and outdoor lounge.

The Agent’s Take: “Yonge and Eglington is the new frontier of downtown … [as] the edge of the city has been pushed,” agent Robin Lewis says. “Up on the 24th floor, looking downtown, it feels urban, yet there is a clear view of the lake from sunrise to sunset.”

Editor’s note: Done Deals contain information gathered from real estate agents, home buyers, home sellers and sale prices that are publicly available from government sources. While we try to publish Done Deals as soon as possible after the transaction has occurred, long closings can cause delays.