![Image result for 21 iceboat terrace Image result for 21 iceboat terrace](https://shared-s3.property.ca/public/images/buildings/parade-2-cityplace-21-iceboat-terr-151-dan-leckie-way/parade-2-cityplace-21-iceboat-terr-151-dan-leckie-way-original-6.jpg)
The first unit we tracked was a one-bedroom without locker or parking. It does have a small balcony and is located on a high floor with city views. It sold in early 2017 for $399,000 and 15 months later for $490,000. The increase of 22% occurred during the fastest rate of appreciation for condos in Toronto. At 550 sf, that translates into a price of $890/sf.
While CityPlace is known for smaller condos, we did find sales of a larger unit. This unit, on a high floor, has city and lake views. It consists of two bedrooms, a den, and 2 ½ bathrooms. It also has three parking spaces. It sold for $1,100,000 in March of 2017 and again in July of 2018 for $1,239,000. That’s a 13% increase. The unit is over 1400 sf which produces a price of $865/sf. When you adjust for the extra parking spots, the price psf is even lower.