This Toronto ‘hidden gem’ condo is listed at $560,000. How is this possible?

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A condo in a prime Toronto neighbourhood that isn't overpriced? Listed at $560,000 this partially-renovated spot is a 'hidden gem,' realtor Othneil Litchmore shares. alespassafiume on the GTAHomeHunt deep dive.

If you drove past this unit in a prime Toronto neighbourhood, you likely wouldn’t think it was a condo, real estate agent Othneil Litchmore says.

This “spacious, one-bedroom condo” is what Litchmore calls a “hidden gem” — due to its relatively low listing price and its private walkout terrace.Why is it priced this way?, the unit features big-picture windows, a newly-renovated kitchen, an open-concept living room and dining room, new flooring, bright walls and a spacious bedroom.

 

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2/2 Then there was a horr. smell coming via heating unit from lower level when they cooked, who knows what. Then the piano practice etc. When buying a condo appt. you are taking a huge chance. When renting, you move on but investing into hell, be careful. Buy expensive not cheap.

Neighbor from hell. perhaps. In our case, we had a neighbor above who came from work at 3am and walked in her heels till 4 and we cd hear every step. Then she drew her bath at full speed that made a noise like Niagara. Drove me insane. Wd not stop ; I know may rights, she said.1

The catch is no dogs! That's a huge one!

alespassafiume Lol I'm somehow doubting it'll sell for that after being talked about in the Toronto star. But then again, that's probably the point of listing a low price and tipping off the toronto star about it.

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