ADDRESS: 160 Frederick St., unit 302
NEIGHBOURHOOD: Moss Park
AGENT: Jane Chen, RE/MAX Realtron Realty Inc.
PRICE: $780,000
THE PLACE: A corner suite in Olde York Place I, a mid-rise building near St. Lawrence Market with a distinct sense of the past.
BRAGGING RIGHTS: Plaques near the entrance mark the location as the former site of William Lyon Mackenzie’s newspaper, The Colonial Advocate (1824-34) and commemorate the birthplace of Robert Baldwin, aka Mr. Responsible Government. Of course, if history doesn’t excite you, the building’s squash and basketball courts probably will.
BIG SELLING POINT: The current owner works in the entertainment industry and loves to entertain. The walls of the den were knocked down to maximize schmoozing space. Stretching to almost 100-square-metres, the massive living area means you’ll have more room to show off your dance moves.
POSSIBLE DEALBREAKER: Two new condo towers are scheduled for construction across the street. Prepare for obstructed views and noise, noise, noise.
BY THE NUMBERS:
• $780,000
• 2125 square feet
• $1,221 in monthly maintenance fees
• 5-minute walk to St. Lawrence Market
• 3 bathrooms
• 2 bedrooms
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- If you’re lucky enough to have 70 friends, this party pad will fit them all
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- The foyer. Our best guess for inspiration is A Midsummer Night’s Dream, but we’re still pretty perplexed
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- The row of vintage lights lead naturally to the bar, but people can always enjoy a quiet moment in front of the fireplace
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- The living area (a.k.a. party central)
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- This flat will stay well lit, even when the party drags on through the night
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- The dining room
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- More dining room
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- Even more dining room
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- A quick run for hosts and hostesses from the living room to the dining room to the kitchen
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- Tall windows, a stylish couch and some kind of cauliflower on a pedestal
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- Your own bar for sophisticated parties
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- Or just getting blitzed with buddies
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- Or illegal blackjack tournaments (we don’t judge)
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- The couch again. We’re really quite fond of it.
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- The kitchen, clad in stainless steel
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- With so many open-concepts out there, it’s nice to have some solitude in the kitchen
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- The master bedroom (walk-in closet not pictured)
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- A few degrees to the left
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- We’ve said it before—every room needs a vintage chandelier
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- The master bathroom’s jacuzzi tub
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- A drum magazine, so you never run out of toilet paper (and if you do, you can always brave the bidet)
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- Another of the three bathrooms
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- The walk-in shower
This condo is a bargain indeed at this price…. and square fottage…wow…. how annoying of TL and their many pictures of a SOFA and stupid comments…. get a Life, Toronto Life… Merry Christmas, you dumbos!
December 23, 2011 at 5:17 pm | by Peter212How many living room shots does anyone really need to get the point? For $371/sq.ft., it’s a definitely a steal. Because the same unit closer to the entertainment/restaurant district would cost a lot more. Good thing because the buyer would have to spend that difference gutting the inside of this unit.
December 24, 2011 at 10:59 am | by OPLIf you look closely, the condo is very dated. The bathrooms have laminate counter tops, plastic crystal style faucet handles, sinks mounted over the counter top. All that needs to come out to match the modern style of the rest of the unit. Condo fees are high for so few amenities.
December 24, 2011 at 11:43 am | by ShelCondo fees are NOT high for a over 2000 sq ft condo! Are you looking at the same picture, Shel to say its dated ? Look again or you focusing on the comments!!!
December 24, 2011 at 12:47 pm | by Peter212Peter212 is clearly the agent.
December 24, 2011 at 4:33 pm | by DanMerry CHristmas to you too Dan… nah… no agent here…just more common sense with a curious take on all the toronto market…..
December 25, 2011 at 10:16 am | by Peter212Comments indicate that the condo has a squash court and a basketball court as amenities. It would not cost much to maintain a couple of courts as opposed to say a swimming pool, spa, sauna and change rooms that come with a lot of other condos. If you think over $1221 is a reasonable fee for monthly heat and hydro for a 2,000 square foot space, you aren’t familiar with comparable monthly fees, Peter.
December 25, 2011 at 12:02 pm | by ShelHmm, I think that’s the condo owned by DJ/producer Deadmau5.
December 25, 2011 at 1:27 pm | by SteveShel’s comments above are correct. The finishings are very dated. Laminate counters, old faucets and dated tiling in the bathroom. The kitchen cabinets look circa 1980′s that they tried to update by painting them dark grey – it didn’t work. Plus no backsplash at all in the kitchen and the floor tiles look old. This place will need some upgrades.
December 25, 2011 at 1:46 pm | by lolaPlace looks dated. Nothing to be excited about. For its location, and everything else, I will fork $600k max.
December 25, 2011 at 2:04 pm | by Tracy$367 per sqft is a fair price; it is a good size condo in a good location. That being said it is dated and needs probably $250K in reno’s; even when you add that you’re at $484 a sqft which is still pretty good. I would not be crazy about being boxed in by new constructions though and I think the maintenance is high for what you get in this building.
Steve, Deadmau5 lives in the Merchandise building on Dalhousie.
January 5, 2012 at 5:21 pm | by betseyWhat is a condomOnium? Is it like a pandemonium? Or am I completely out of the loop and this is some type of new TO hiptalk jive? Well, at least I now know where Deadmau5 lives, whoever this important person(?) may be.
January 5, 2012 at 6:26 pm | by Lorna Bloomomg….the finishes in this condo scream ‘dated’ and ‘cheap’…the tile in bathrooms? the countertops in bathrooms and kitchen?the showers?the cheap laminate plank flooring? the ever so tacky candle fixture by the bar…saw one at flea market.the awful art.?and who wants to pay that much for no privacy….your every party peered upon by the adjacent condos.
January 5, 2012 at 8:59 pm | by nicolethe only good thing about this is the space and that is poorly used.
Please note that the price reduced to $720,000. The seller is motivated who is out of the country now. The same size condo and more maintenance fees sold in downtown Toronto worth in more than a million. Comparatively, this is the cheaper and fare price.
February 20, 2012 at 10:04 am | by JaneLOCATION, LOCATION, LOCATION
As someone who lived in the UK and the States during their respective housing bubbles, this is all going to end in tears. In fact, it looks like the bubbles in Toronto and Vancouver have inflated well beyond those in London, New York or Las Vegas.
It wouldn’t surprise me if the next buyer of this condo is picking it up from the bank for under $300K.
February 28, 2012 at 12:42 pm | by Toronto Housing Bubble