Urban Newbie
Active Member
Hi All:
A friend who is a total newbie to the condo world is contemplating entering into a private sale with a friend for an older unit on Lakeshore Blvd. West. I wanted to check in on her behalf to see if any of you are familiar with the building/area and what you think of its value.
My friend says a similar units with more upgrades sold in this same building for about $245,000. She's wondering if it's a pipe dream to get the unit below for between 220,000 - 230,000. It sounds low to me, but I wanted to put it to the experts.
Details:
Building: Marina Del Ray, Lakeshore Blvd. West, Toronto - 9th Floor (limited south/south-west view)
Ammenities: Exercise room/pool
Maintenance fees: $430/mth
Approx 710 sq ft 1 bedroom plus den, 1 bathroom. No balcony.
Kitchen – new marble counter tops (wh), new single sink, new tile back splash (wh), new doors on cupboards, new floor, new lighting fixtures; used appliances (electric stove/fridge/dishwasher)
New washer/dryer in separate hall closet near condo entrance and next to kitchen
Closets (2) – hall / bedroom (bedroom not walk in, but interior refinished); also full length mirror on 2 closet sliding doors
Underground parking (1 space)
Locker (locker and parking space, both close to underground door to building)
I know I'm asking you to speculate, but any insights are appreciated. Thanks!
UN
A friend who is a total newbie to the condo world is contemplating entering into a private sale with a friend for an older unit on Lakeshore Blvd. West. I wanted to check in on her behalf to see if any of you are familiar with the building/area and what you think of its value.
My friend says a similar units with more upgrades sold in this same building for about $245,000. She's wondering if it's a pipe dream to get the unit below for between 220,000 - 230,000. It sounds low to me, but I wanted to put it to the experts.
Details:
Building: Marina Del Ray, Lakeshore Blvd. West, Toronto - 9th Floor (limited south/south-west view)
Ammenities: Exercise room/pool
Maintenance fees: $430/mth
Approx 710 sq ft 1 bedroom plus den, 1 bathroom. No balcony.
Kitchen – new marble counter tops (wh), new single sink, new tile back splash (wh), new doors on cupboards, new floor, new lighting fixtures; used appliances (electric stove/fridge/dishwasher)
New washer/dryer in separate hall closet near condo entrance and next to kitchen
Closets (2) – hall / bedroom (bedroom not walk in, but interior refinished); also full length mirror on 2 closet sliding doors
Underground parking (1 space)
Locker (locker and parking space, both close to underground door to building)
I know I'm asking you to speculate, but any insights are appreciated. Thanks!
UN