Sold: Distillery 2-Bed with Perfect CN Tower Views Goes for $49K Under Asking

Distillery
Zolo

Someone just struck sunset-level gold in the Distillery District, and we’d be lying if we said we weren’t jealous of their new view.

Freshly snatched up from downtown’s condo market, 1608 – 70 Distillery Lane is a stunning corner suite that offers up unmatched, sweeping views of both the CN Tower and Lake Ontario.

Floor-to-ceiling windows and an incredible wraparound balcony mean ample opportunities to take in the sights, from essentially anywhere in the two-bed, two-bath unit. Throw in the newly-upgraded kitchen with integrated high-end appliances, granite counters, and extended cabinetry, and hardwood flooring throughout the space, and you’ve got yourself a major score just a stone’s throw from the downtown core.

Originally listed for $999,000, the property sold for $950,000; or $49,000 under asking. With between 800 and 899 square-feet of space, a supreme location and — we might have mentioned — an unreal view, snagging up a spot like this for less than $1 million could even be called a steal.

READ: Toronto Storeys’ Real Estate Project of the Year: Reina

Location-wise, 70 Distillery Lane is right where anyone wants to be.

Tucked into the east side of the Distillery District, the immediate neighbourhood is historic, classy, and overflowing with cafés, bakeries, restaurants and shops. Nearby, the St. Lawrence Market is easily accessible, as is Corktown, the waterfront, and — if you’re up for a few blocks of walking — Union Station.

That means that when the standard of stadiums being full of sport or music fans becomes a norm yet again, this lucky property-owner will be just a short jaunt away from all the action.

Another perk to look forward to when the normalcies of the days of yore come back around, this condo building is complete with a gorgeous rooftop pool, deck, and garden, begging to be savoured on summer’s warmest days. The address also features an exercise room, party and meeting rooms, as well as guest suites, where friends or loved ones can hunker down if the unit’s two bedrooms find themselves maxed out.

Specs:

  • Address: 1608 – 70 Distillery Lane
  • Type: Condo
  • Style: Apartment
  • Bedrooms: 2
  • Bathrooms: 2
  • Size: 800 – 899 sq. ft.
  • Went for: $950,000
  • Taxes: $3,550 / year
  • Maintenance Fees: $731 / month

It’s not every day we come across a recently-sold property that we’d be prepared to barter for, but after catching a glimpse at that sunset view, we’re on the verge of asking this lucky buyer if they’d like to trade homesteads.

Serving the ideal combination of class and edge (it’s the cement pillars for us), it’s easy to imagine nesting here for the rest of quarantine, and beyond. Take a gander through the virtual tour below, and we’re sure you’ll see what we mean.

LIVING AND LOUNGE

KITCHEN AND DINING

  Distillery

BEDROOMS

Distillery Distillery Distillery

BATHROOMS

BALCONY

Distillery Distillery

VIEW

GYM 

Distillery

ROOFTOP POOL

Distillery

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