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Laneway loft sells for $1.6 million – living in the laneway

From The Globe and Mail:

This three-storey loft at the Lanehouse on Bartlett building was staged and vacant for its spring debut, and largely remained that way as buyers sheltered at home. After a smaller unit in the building sold quickly, it was reintroduced at a reduced price of $1.625-million before Victoria Day.

“We were screaming into a tunnel for a couple months because very few [people] had buying a home on their mind,” agent Paul Johnston said, “but it’s interesting to see how quickly that has turned around.”

“We relisted as soon as things were feeling better and optimistic, and that lead to a much better result. We ended up with 10 showings in short order, which wasn’t a bad count for a unique property like this.”


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