$1.04 mil­lion

National Post (Latest Edition) - - WHATITWENT­FOR - CON­NIE ADAIR

Wil­low­dale West

7 Lo­raine Dr. PH7 ( Yonge Street and Finch Av­enue) Ask­ing price: $1.048 mil­lion Sold for: $1.04 mil­lion Taxes: $4,518 (2019) Monthly fee: $1,032 Bed­rooms: 2 Bath­rooms: 3

Square footage: over 1,550 Garage: 2

Park­ing: 0

Days on the mar­ket: 9

In the area, it’s “pretty rare to have a two-storey unit with no one liv­ing above you. It can def­i­nitely be con­sid­ered the up­town uni­corn,” says list­ing agent Ramin Khaze. The pent­house is “truly a shin­ing star in size, with over 1,550 square feet of liv­ing space and a fab­u­lous ter­race.”

The suite was listed in the fall of 2019 with an­other com­pany for three months and didn’t sell. Khaze says the key strat­egy in sell­ing the unit was pric­ing it prop­erly, as well as hav­ing his stager open up the space. “This was done us­ing the client’s own fur­ni­ture and ad­ding ac­ces­sories/art to make the apart­ment pop. Of course great pho­tog­ra­phy and 4K video al­ways help….us­ing the right stager for cer­tain goals you have with a prop­erty can­not be stressed enough.”

The unit was listed near the end of Jan­uary and sold in nine days af­ter about four show­ings.

He says liv­ing space on two lev­els and a “gi­gan­tic ter­race ap­pealed to younger buy­ers who wanted the in­door/out­door space but did not want the has­sle of own­ing a house. ( Po­ten­tial buy­ers) loved the sep­a­ra­tion it pro­vided, hav­ing your bed­rooms on sep­a­rate floor than your liv­ing/ en­ter­tain­ing area.”

Khaze’s favourite fea­ture is the nine- foot ceil­ings on the main floor and 10- foot ceil­ings on the sec­ond level, with floor- to- ceil­ing win­dows and un­ob­structed west views. “It feels like the whole world is your view. Early win­ter sun­sets are in­cred­i­ble with planes land­ing or tak­ing off in the back­drop. It’s just phe­nom­e­nal.”

Due to COVID-19, the buy­ers have de­cided not to visit be­fore clos­ing, he says. “They have al­ready booked the move, so every­thing seems to be pretty straight­for­ward.”

List­ing Bro­ker: For­est Hill Real Es­tate Inc. ( Ramin Khaze)

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