Luxury Loft in Toronto Gets Massive Price Cut

0:00It's March 27th. I'm Cory with the story. This is Toronto News Today, driven by AI. Toronto's condo market is dragging, but one luxury loft just got a massive price cut that might catch some eyes. Unit 201 at 113 Dupont Street in the exclusive 113 Dupont Lofts dropped from $3,995,000 to $2,895,000. This 2,200-plus square-foot space stands out in the city full of standard units. The building sits on a quiet stretch called Designer's Walk near Yorkville's shops and eateries. Converter from an office in 2010 by Zinc Construction, it holds just seven unique residences with an industrial vibe using brick, steel, and glass. Buyers still face a steep ask, but realtors highlight the perks amid the slowdown. The open living area has a fireplace for coziness, and the spot's prime location turns the neighborhood into an extension of home. Features include a pro-level kitchen with sub-zero appliances, wolf range, and a coffee station plus two bedrooms each with end-sweets, one like a hotel.

1:09Spa, the other with a wet bar and private entry. It's all smart home automated with control for for lights, blinds, and sound, and it comes with two parking spots. Even with a small balcony, the turnkey appeal shines as furnishings are up for grabs too. This deal could signal more softening and high-end sales ahead.