Condo of the Week: $600,000 for a two-bedroom suite in a once-controversial Queen West building

Address: 1169 Queen West, PH 720
Neighbourhood: Little Portugal
Agent: Alexander James Wilson, Re/Max Condos Plus Corp., Brokerage
Price: $600,000

The place: A two-bedroom, two-storey penthouse in a five-year-old building.

The history: A decade ago, developers dubbed this project the Bohemian Embassy, in a bid to take advantage of Queen West’s resurgent hipness. Local artist Michael Toke nicknamed the place the “Bohemian Embarrassment.” The name stuck. Sensing a deal, real estate agent Alex Wilson grabbed a penthouse in the building. Now he’s moving on to a bigger space in the same neighbourhood.

Big selling point: The asking price is reasonable for a two-bedroom place in such a sought-after area. Two-bedroom units of similar size in other buildings go for well into the $700,000s.

For more info: http://torontolife.com/real-estate/condos/toronto-condo-for-sale-1169-queen-street-west/

 

Source: Toronto Life, 4/29/2016

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Sharon Chung

Sharon Chung

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CENTURY 21 Atria Realty Inc., Brokerage*
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