Kingsway condo draws $121,000 over-asking

Two years ago, a two-bedroom suite in the Kingsway Regent sold for about $539,000, so this 1,685-square-foot version was listed for $579,900. Strong interest came from 40 groups and four competing offers were submitted, including one that was $121,000 over the asking price.

Amid million-dollar houses, this 12-year-old low-rise contains 26 luxury suites like this third floor model finished with nine-foot ceilings, crown mouldings, parquet hardwood floors and a gas fireplace flanked by Juliet balconies in the living area.

To enjoy formal or casual meals, there is an open dining area and a granite-topped peninsula with a breakfast bar off in the kitchen, which also features pot lights, tumbled marble backsplashes and stainless steel appliances.

For added convenience, there is a master suite with a walk-in closet and entry to one of two full bathrooms, as well as ensuite laundry and storage rooms, a ground-floor locker and two parking spots.

Each month, a fee of $535 goes toward the upkeep of a party room and guest suite in the building, which is also close to local attractions such as golf courses, parks and Humbertown Plaza.

 “It’s a boutique building with only four storeys, so units come up very rarely,” says agent Les Sohar. “Any other units that are available are significantly smaller – this was almost 1,700 square feet – so it’s very appealing to someone to downsize from a house into a condo without sacrificing too much space.”

The interior style also left a big impression on buyers. “I didn’t have to do any staging,” says Ms. Beléy. “It was beautifully decorated and professionally painted, so it was a cozy little place.”