The last unit in this unique condo multiplex with garden suite just sold, months after being listed. Here’s what each home went for

In the spring, four multiplex units on an East York property hit the market — each to be sold separately.
A bungalow that was once at 319 Mortimer Ave. was replaced with a semi-detached house, a condo townhome, a basement unit and a garden suite. Together, they form a condominium; each pays condo fees for maintenance and they all come with exclusive rights to their own yard space.
Armen Krikorian, the real estate broker for the project by HMV Homes, said the novelty of the build attracted plenty of curious homebuyers and builders.
Three of the homes sold a month or two after they first went on the market — hovering above and below the million-dollar-mark.
The last unit sold this month, after interest rates decreased and buyers re-entered the market, Krikorian said.
But the fact that these properties were so unique also made pricing a “learning curve,” Krikorian said, adding there were “no comparables” for the home.
In the end, the homes all went to end-users, rather than investors, Krikorian said.
The four-bedroom, four-bathroom townhouse spanning 1,895 square feet claimed the highest sale price of the multiplex. It was also the first to sell, Krikorian said, adding that the builder spared no expenses on its design.
The three-story home was listed in March for $1,599,900, but that listing was terminated and it was relisted at $999,900 in April. It sold shortly after for $1.2 million, plus $500 monthly condo fees.
Toronto realtor James Frodyma said that while the home looks nice and spacious, he believes the sellers benefited from a “much more active” market at the start of this year.
“Timing wise, the seller was fortunate,” he said.
According to Toronto Regional Real Estate Board (TRREB) data, semi-detached homes in Toronto East averaged about $1.26 million in April, and prices dropped to $1.16 million in September.
On the other side of the wall is a 1,400-square-foot condo townhome with two bedrooms and three bathrooms. Listed for $999,900, it sold in April for $979,900 with monthly condo fees at $394.
At the time, condo townhouses in Toronto East were averaging $785,000 TRREB data shows, and about $687,000 in September.
The three-bedroom, three-bathroom garden suite claimed the second highest price of the multiplex. It was originally priced at $1,299,900, but in May it was relisted at $899,900. It sold days later for $1.1 million, plus monthly maintenance fees of $383.
In May, detached homes in Toronto East were selling for $1.39 million. In September, however, they averaged about $1.25 million, TRREB data shows.
The last to sell was also the smallest unit in the multiplex: a 500-square-foot basement apartment with one bedroom and one bathroom.
It was listed in March at $499,900, then re-listed a couple months later at $399,900 and taken off the market. Finally, in September, it was re-listed at $299,900.
It sold this month for $375,000 with monthly maintenance fees at $178.
“You can’t find $400,000 or $500,000 condos anymore,” Krikorian said. “So we knew it was going to sell… We actually had multiple offers on the property.”
According to TRREB data, condo apartments in Toronto East averaged $617,000 as of September.