How We Sold a Tenanted Condo at Wonder Condos (150 Logan Ave) in Toronto
How We Sold a Tenanted Condo at Wonder Condos (150 Logan Ave) in Toronto
Address: 150 Logan Avenue Unit 444 Toronto On M4M 0E4
Type: 2 Bed Room 2 Bathroom
The Story of the Sale:
Selling a condo in Toronto can be challenging—especially when the property is tenanted. Many condo owners assume that if a tenant is in place, the unit will simply sell to another investor. But the reality is more complicated. Limited access for showings, poor presentation, and incorrect pricing strategies can dramatically reduce buyer interest.
Recently, we helped a client successfully sell their condo at 150 Logan Avenue in Toronto, located in the popular Wonder Condos and Loft building in Toronto’s east end. The property had previously been listed with another agent and had struggled to attract interest.
When the clients came to us, they needed a clear strategy to get the property sold.
The Challenge: Selling a Tenanted Condo
One of the biggest obstacles when selling an investment property is coordinating access with tenants. In this case, the condo was occupied, and scheduling showings had become extremely difficult.
And in real estate, there is a simple rule:
If buyers can’t see the property, they won’t buy the property.
Without regular showings, the listing had very little opportunity to generate interest in the market.
Our team at RE/MAX Wealth Builders Real Estate immediately focused on solving the core problem.
Step 1: Negotiating a Tenant Exit Strategy
The first step was working with the seller to negotiate a respectful and professional exit with the tenant. This is an important process that must be handled carefully and within Ontario’s tenancy regulations.
Once the tenant situation was resolved, we were able to prepare the condo properly for sale.
This step alone can dramatically change how a property performs in the market.
Step 2: Professional Staging and Market Preparation
With the unit vacant, we implemented one of our core selling strategies: presenting the property at its absolute best.
Our preparation included:
Professional staging
Strategic photography
Optimized listing presentation
Targeted marketing to Toronto condo buyers
First impressions matter. When buyers walk into a properly staged condo, they can immediately picture themselves living in the space.
Step 3: Strategic Pricing to Generate Interest
Pricing strategy is one of the most misunderstood aspects of selling real estate.
At RE/MAX Wealth Builders, we analyze:
Recent comparable sales
Current active listings
Market absorption rates
Buyer demand in the neighborhood
Using this data, we positioned the condo competitively in the market to attract serious buyers.
The result?
The property sold successfully once the right strategy was implemented.
Why Experience Matters When Selling Toronto Condos
The Toronto condo market is highly specialized. Selling a condo requires a different approach than selling a house.
At RE/MAX Wealth Builders, condos are a major focus of our business.
Our team understands:
Condo buyer psychology
Investor demand
Tenant complications
Building-specific pricing trends
Downtown Toronto condo marketing
We’ve built systems specifically designed to sell condos efficiently—even in complex situations like tenanted units or listings that previously failed to sell.
Thinking About Selling Your Toronto Condo?
If your condo didn’t sell the first time—or if you’re thinking about listing soon—the strategy behind your sale matters.
From pricing and marketing to staging and negotiation, every step can impact the final result.
If you’re looking to sell a condo in Toronto, our team would be happy to help you create a strategy that works in today’s market.
Reach out today to discuss your property.
SOLD BY:
Alex J. Wilson
#2 Individual RE/MAX Agent for Closed Sales in Canada 2024 and 2025
#1 Individual RE/MAX Agent for Closed Sales in Canada 2022
Member of RE/MAX Circle of Legends
Broker Owner
RE/MAX Wealth Builders Real Estate
Email: alex@remaxwealth.com
Book a call with Alex - click here to list your property or to buy your next one.
Office: (416) 652-5000
Mobile: (416) 996-5181
If you are moving ANYWHERE in the world - contact me... I know the best agents.
Property Details:
Address: 150 Logan Avenue Unit 444 Toronto On M4M 0E4
Type: 2 Bed Room 2 Bathroom
Stunning 2-Bed, 2-Bath Wonder Condo in South Riverdale – A Rare Find
Discover the perfect blend of style and convenience in this beautiful 2-bedroom, 2-bathroom suite at Wonder Condos, located at 444 – 150 Logan Avenue, in Toronto’s vibrant South Riverdale neighborhood.
Priced at C$699,999—this modern gem offers exceptional value in one of the city’s most sought-after enclaves
Highlights You'll Love:
Thoughtful Layout: Functional split-bedroom design delivers privacy and flow.
Contemporary Comfort: Sleek modern finishes, open-concept living, and a private terrace invite seamless indoor–outdoor living
Highly Coveted Location: Situated in Leslieville, steps from independent cafés, shops, and Jimmie Simpson Park—plus easy access to TTC, bike paths, and downtown
Top-Tier Amenities: Enjoy 24-hour concierge, rooftop lounge, fitness centre, co-working space, and more
Convenience Upfront: Includes 1 parking spot and 1 locker, with a monthly maintenance fee of C$529 and annual taxes around C$3,245
Why This Home Stands Out:
Perfect for both first-time buyers and urban professionals seeking modern comfort in a walkable, trendy neighbourhood—this property hits all the notes.
