A two-bedroom unit at 761 Bay St. in Toronto's College Park area sold quickly in March 2025 for $950,000, despite being $99,000 below the asking price. Its unique design, unobstructed south-facing views, and spaciousness contributed to its rapid sale in a market where other units were lingering.
College Park condo’s skyline views and spaciousness propel quick sale
Toronto
AI Summary
TL;DR: Key points with love ❤️A two-bedroom unit at 761 Bay St. in Toronto's College Park area sold quickly in March 2025 for $950,000, despite being $99,000 below the asking price. Its unique design, unobstructed south-facing views, and spaciousness contributed to its rapid sale in a market where other units were lingering.
- 1 February 2025: Unit listed for $1,049,000.
- 2 March 2025: Unit sold for $950,000 after 10 days on market.
- Successful and quick sale for the sellers, demonstrating that unique properties can still move in a challenging market
What: A two-bedroom condo unit at 761 Bay St., Toronto, sold quickly for $950,000, attributed to its unique design, spaciousness, and unobstructed south-facing views, contrasting with other units in the area that were on the market for longer.
When: February 2025 (asking price set), March 2025 (selling price), 10 days on the market.
Where: 761 Bay St., College Park, Toronto.
Why: The unit's unique features (design, views, spaciousness) made it stand out in a slow market, allowing for a quick sale despite a price reduction.
How: The owners furnished vacant rooms to improve appearance and priced the unit strategically, leading to a quick offer from one of the first visitors.