Great Condo Deal at Electra

Posted on April 30, 2008 | by Denny Oh

Are you waiting for that smoking deal at Electra? With 53 listings in the building, sellers have two options: 1) Cut your prices and take a loss. Just get out as quickly as possible, rather than slowly, but repeatedly reduce your asking price, or 2) Wait the market out and put your home back on when theres less competition.

Electra 2503

The owner of Electra unit 2503 seems to have chosen option #1, pricing his 25th floor, 1,370 square foot corner unit at an attractive $925,000! While thats still $675 per square foot, its priced way below its competition. Unit 2603 is listed at $1,025,000 ā€œ $748 per square foot! Only the 6th and 12th floor units are priced below 2503.

This CĀ floor plan has bedrooms on opposite sides of the condos, and has an actual laundry room, rather than just a closet. The views are also very nice, but will change over the years.

If youre looking to get into a 2 bedroom, North-West facing, corner unit at Electra, 2503 is your deal. And no, Im not the listing agentI just like to point out great deals to my clients.

Let the bidding begin!


Click here to see all the condos for sale at Electra.

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