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Insider deal for Liberty Village condo reduces Realtor commission

Posted on 10/06/2023 by
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80 Western Battery Rd., No. 811, Toronto

Asking price: $919,990 (March, 2023)

selling price: $900,000 (March, 2023)

Taxes: $3,141 (2022)

Days on the market: N/A

Listing and co-op agents: Robin Pope, Pope Real Estate Ltd.

The action

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The 14-year-old suite has a wide and shallow layout with full-height windows in every room.Pope Real Estate Ltd.

The owner of this two-bedroom corner suite wanted to sell it to finance the purchase of their next place, so they spruced it up for a spring launch when little else was available for sale in the high-rise building. At the last minute, the seller’s future father-in-law – who was shopping for an investment property – determined it was a good fit for his own portfolio at $900,000.

“I was handling both sides of the transaction, so the commission was less,” said agent Robin Pope. “That was an advantage for the seller, and the buyer was willing to close whenever the [seller] found a property.”

“We were never going to find another buyer who would accommodate that, so it was a win-win for everyone.”

What they got

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The kitchen boasts granite countertops, an island and stainless steel appliances.Pope Real Estate Ltd.

This 14-year-old suite has a wide and shallow layout with full-height windows in every room and a balcony off the open living and dining area.

Towards the back of the unit, there are two full bathrooms and a laundry closet with stacked machines, plus a kitchen with granite countertops, an island and stainless-steel appliances.

Parking and a storage locker complete the package.

Monthly fees of $801 pay for 24-hour concierge and access to a fitness center with a pool, and a clubhouse with a party room and landscaped patio.

The agent’s take

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The balcony is accessible through the open living and dining area.Pope Real Estate Ltd.

“There are a few newer buildings in the area, but the units are much smaller for the same money,” Mr. Pope said.

“It’s a very lovely, 900-square-foot, two-bedroom unit in the southeast corner with great views of Liberty Village. And you could see some of the lake and a big part of the downtown skyline, including the CN Tower.”

Its outdoor living space is also generous. “This had a very large balcony, six feet deep and south-facing,” Mr. Pope said.

Category: Realtor
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  • Exploring the World of Antique Jewelry
  • The Health Risks of a Sedentary Lifestyle vs. Active Sports
  • The Future of Nutrition: Technology-Enhanced Eating
  • The Ultimate Kitchen Cleanup Guide for Home Cooks
  • Exploring the World of International Street Food

alternative ways to sell your house buy my house home realtor home sellers house buying companies house realtor houses how do you search by mls number? how to sell your home online how to sell your house by owner how to sell your own house my realtor national association of realtors realtor realtor.com find a home realtor.com florida realtor.com mi realtor.com official site realtor.com rentals realtor.com texas realtor definition realtor homes for sale realtor logo realtor md realtor nc realtor near me realtor net realtor on realtor one realtor pa realtor pronunciation realtors realtor websites sell home by owner sell home for cash sell home online sell home quick selling a house sell my home sell my own home steps to selling a house by owner the realtor the realtors what does a realtor do yahoo real estate listings

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