Toronto Condo Real Estate News: Property Values researched by The Weir Team from MLS Real Estate Listings for Resale Condos at 101 Charles Street East
One of the more exciting additions to Charles Street East recently has been the completion of X2 Condos, the sister tower to the original X Condominium. Both of these sleek black condo towers anchor the east end of Charles Street at Jarvis Street. Within walking distance to the Yonge Bloor subway station, they’re popular condo buildings for investors, renters and end-users.
The condo corporation at X2 Condos is TSCP 2429 and the property management company is Balance Property Management.
Cameron Weir and Scott Hanton are both investors and owners of condos on Charles Street East. Keeping an eye on property values for resale condos in these towers is obviously quite important. And more importantly, we’ve had years and years of experience with all condo towers in Bloor Yorkville and have a very long list of happy condo buyers and thrilled condo sellers.
If you own a condo and are considering selling your suite, it’s very important to choose the right real estate agent who knows how to show off this prized investment and net you more profit than inexperienced realtors who only do the bare minimum of work.
Making your condo suite shine can have a huge impact on how much the suite sells for. We’ve seen some horrendous looking condo MLS listings that have stolen or terrible photos, missing information, spelling errors and are way over-priced. These are an embarrassment to the best condo real estate agents who go above and beyond for condo sellers. This is increasingly more and more important as new condo buildings on Charles Street East and all over Bloor Yorkville are competing for buyers.
Here are just a few condos successfully sold by Cameron Weir and Scott Hanton of The Weir Team:
And click HERE to see all of the latest condos the Cameron Weir and Scott Hanton have sold.
So how about property values on Charles Street East? Have new condos and resale condos in Bloor Yorkville maintained their values?
Let’s take a look at the new X2 Condo at 101 Charles Street East.
Remember that every building is different and has its own set of parameters and perceived values. More specifically, every condo building on Charles Street is, in effect, its own real estate market.
For July 2016, eight X2 Condo suites were sold.
On a low floor ata 101 Charles, a bachelor studio suite was sold for $293,000. This small X2 unit was about 463 sq ft, faced north and was not sold with a locker or parking spot.
Two identical one bedroom plus den suites were sold. One one a very low floor and one near the middle of the X2 condo tower. They both faced north and had monthly condo fees of $415.00. The lower suite sold for $486,000 and the higher suite sold for $535,000. Both suites included a parking spot.
A 2 bedroom, 2 bathroom suite was sold midway up the X2 condominium building. It was about 803 sq ft and was on the north east corner. The selling price was $630,000 and included a locker and parking spot.
A few floors higher at X2, another 2 bedroom, 2 bathroom suite was sold for $638,000. This suite was on the northwest corner and came with a storage locker and underground parking at 101 Charles Street East.
A one bedroom plus den 2-storey suite was sold on a low floor. This unit had one bedroom plus a den and included two full bathrooms, a locker and a parking spot. The owner of this suite at X2 enjoyed a selling price of $645,000.
A two bedroom, 2 bathroom suite was sold on the southeast corner for $728,000. This suite included a locker and parking spot and was on a high floor.
Also at 101 Charles St E, a very large 2 bedroom, 2 den, 3 bathroom suite was sold for $945,000 at X2 Condominium.
For exact details, make sure to get in touch with Cameron and Scott.
We have years of experience in all of these buildings so please get in touch with Cameron or Scott today to find out exactly how much your resale condo suite is worth in Bloor Yorkville.
Written by Scott Hanton, real estate Broker for The Weir Team, proud to be working with the best real estate agents in Toronto and Durham Region.