What it went for: Perfect for first-time homeowners

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233 Beecroft Rd. #1625 (Yonge Street and Sheppard Avenue)

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Asking price: $575,000

Sold for: $535,000

Taxes: $1,965 (2022)

Monthly fee: $506

Bedrooms: 1

Bathrooms: 1

Square footage: about 700

Garage: 1

Days on the market: 26

A great price for first-time home buyers, a super view and a popular area with lots of new development and amenities drew potential purchasers to this one-bedroom, one-bathroom suite.

Listing agent Ben Eichorn says the unit belongs to the original owner, who has lived there for many years and “recently decided to change locations. They trusted us with their largest investment to make sure even in this market they got the most value.”

He says he and co-listing agent Deena Eichorn created a lot of interest even though it was on the market in December, when “things slow down for the holiday. We did out best to have it decluttered and extremely clean and then did tons of marketing.”

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The kitchen. Photo by Supplied

The suite has great views of downtown and is well managed, he says. “It appealed to young families that want to be in the action at Yonge and Sheppard, near Mel Lastman Square and the best restaurants.”

The suite has a living/dining room with a breakfast bar and a walkout to a balcony and a kitchen with stainless steel appliances. Ceilings are eight feet high.

The view.
The view. Photo by Supplied

The 21-year-old building’s amenities include an exercise room, a recreation room, a security guard and a security system. The suite comes with one underground parking space. It is close to shops, the subway and a variety of other amenities.

“We made sure the selling price was level with the full value and market price at the time,” Eichorn says. “We are in a changing market day to day and the broker has to have experience and knowledge to get properties sold for the full value.”

Listing Broker: David Eichorn Realty Ltd. (Ben Eichorn and Deena Eichorn)

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