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Real Estate

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Condomonium: $1.5 million for a Little Italy suite with three separate outdoor areas

ADDRESS: 200 Clinton Street, Unit 1

NEIGHBOURHOOD: Palmerston-Little Italy

AGENT: Christopher Bibby, Sutton Group Associates Realty Inc., Brokerage

PRICE: $1,495,000

THE PLACE: The largest of 13 units in the Button Factory Lofts, a uniform factory-turned-condo whose moniker stems from tales that, in old times, neighbourhood kids got a penny for every button they picked up off the factory floor.

BRAGGING RIGHTS: The custom-built steel spiral staircase will impress anyone who walks in the front door. You can tell them it winds through all three levels and was welded together on-site.

BIG SELLING POINT: Hard lofts rarely have any exterior space, but this unit has an abundance, including a front yard garden off the main level, a terrace on the second floor, and a second terrace on the rooftop.

POSSIBLE DEAL BREAKER: For down-sizers looking for an easy-to-navigate retirement pad, three floors and many steps may be a turn off.

• Roughly 2,500 square feet interior space
• Roughly 1,000 square feet exterior space
• $963.81 in monthly maintenance fees
• 24-foot-high ceilings
• 3 levels
• 3 bathrooms
• 2 bedrooms
• 2 terraces
• 1 front yard
• 1 wood-burning fireplace
• 1 parking space