26/04/2023
he sale of a first-floor unit at Parc Stevens, a condo on Stevens Drive, off Stevens Road in prime District 10, was the most profitable condo resale transaction recorded during the week of April 4 to 11 based on caveats lodged. The 3,466 sq ft, five-bedroom unit fetched $7.86 million ($2,265 psf) on April 10. It had been purchased by the seller for $5.2 million ($1,500 psf) in April 2007. This means they netted a profit of $2.65 million (51%) after holding the unit for 16 years.
The 3,466 sq ft unit at Parc Stevens was sold for $7.86 million on April 10.