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.
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 sold by Cameron Weir and Scott Hanton of The Weir Team which made wonderful profits for our sellers:
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 brand 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 April 2016, 10 X2 Condo suites were sold.
Three bachelor or studio suites at 101 Charles St E were sold at various levels through the X2 condo tower. None had a parking spot. The selling prices were $295,000, $303,000 and $303,500.
A one bedroom suite was sold for $450,000 near the top of the X2 condo tower. The selling price did not include a parking spot or storage locker.
A one bedroom plus den was sold on a very low floor for $520,000. The suite was 800 sq ft and the sale included a parking spot and a storage locker.
Another one bedroom plus den was sold for $545,000 about halfway up the X2 tower. There was a parking spot but no locker.
A 2 bedroom, 2 bathroom suite was sold on a very low floor for $598,000 with locker and parking.
And three 2 bedroom, 2 bathroom suites were sold on higher floors. One selling price was $612,000, another was $620,000 and the third selling price was $676,600 at X2 Condos.
For exact details, make sure to get in touch.
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.