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Penthouse Living at Aqualuna by Tridel

Explore Penthouse Living at Aqualuna by Tridel

By Luxury Real Estate

A Rare Lower Penthouse Opportunity on Toronto’s Waterfront

Opportunities like this don’t come around often. LPH03 at Aqualuna represents one of the most substantial and refined residences in the entire Bayside community — a true lower penthouse offering scale, privacy, and waterfront living in equal measure.

Penthouse Living at Aqualuna by Tridel

Spanning 2,258 square feet, this brand-new, never-lived-in residence delivers the kind of space that’s increasingly hard to find in downtown Toronto, especially at the water’s edge. Offered at $4,450,000, LPH03 represents a rare opportunity to secure a move-in-ready lower penthouse within one of the city’s most iconic waterfront buildings. Everything about this suite feels intentional: generous proportions, thoughtful flow, and a strong connection to the outdoors that elevates everyday living.

Penthouse Floorplan at Aqualuna by Tridel
Penthouse Floorplan at Aqualuna by Tridel

Inside LPH03: Space, Light, and Indoor–Outdoor Living

LPH03 is a 2-bedroom plus den, 2.5-bath suite built around an open-concept living and dining area that immediately draws you toward the outdoors. Large windows flood the interior with natural light, while direct access to a spacious private terrace creates a seamless indoor–outdoor setting — ideal for entertaining or simply enjoying the lakefront atmosphere. In total, the suite offers approximately 340 square feet of outdoor space, allowing the home to truly extend beyond its interior walls.

Penthouse Living at Aqualuna by Tridel

Both bedrooms feature direct access to a balcony, offering quiet outdoor moments and a sense of retreat rarely found in condominium living. The den provides flexible space that works equally well as a home office, reading room, or media space.

With a southeast exposure, the suite enjoys expansive views and soft, consistent light throughout the day. At over 2,200 square feet, the layout never feels tight or compromised — every room benefits from proper scale and separation, allowing the home to function comfortably whether you’re hosting guests or enjoying a quiet evening in.

Penthouse Living at Aqualuna by Tridel

Design Series 500: Elevated Finishes, Thoughtful Details

LPH03 is finished with Tridel’s Design Series 500, a collection reserved for the developer’s most premium residences. Rather than chasing trends, these finishes prioritize longevity, craftsmanship, and timeless appeal.

Materials are selected to feel refined without being overstated, allowing the architecture and natural light to take centre stage. It’s a level of finish that complements the scale of the home and supports long-term livability — exactly what you want in a residence of this calibre.

Penthouse Living at Aqualuna by Tridel

Aqualuna at Bayside: Luxury by the Lake

You may not immediately recognize the name Aqualuna — but chances are, you’ve definitely seen it before. With its striking curved architecture right on the water’s edge, this building has become one of the most photographed and Instagrammed residential developments in the city, often appearing in skyline shots, waterfront reels, and sunset views across social media.

Aqualuna marks the fourth and final phase of the award-winning Bayside Toronto community, making this a last opportunity to own within one of the city’s most thoughtfully planned waterfront neighbourhoods.

Penthouse Living at Aqualuna by Tridel

Bayside spans approximately 13 acres and will ultimately include more than two million square feet of residential, office, retail, and cultural space. Located in the heart of the emerging East Bayfront district, residents are just minutes from downtown Toronto and approximately five minutes from Union Station — a rare combination of waterfront calm and urban convenience.

This is a neighbourhood designed for long-term living, not short-term trends. Wide promenades, public spaces, and direct access to the lake create an environment that feels both vibrant and relaxed.

Amenities That Extend the Living Experience

Aqualuna’s amenities are designed to function as an extension of your home, offering spaces that feel purposeful rather than excessive.

On the lower floor, residents have access to a comfortable amenity lounge, a yoga studio, a fully equipped fitness studio, change rooms, and a sauna — ideal for maintaining daily routines without ever leaving the building.

Aqualuna Amenities Gym
Aqualuna Amenities Gym

The seventh floor amenities are geared toward entertaining and social gatherings. These include a bar, billiards lounge, media lounge, party room with private catering kitchen, private dining space, and multiple lounge areas. An outdoor pool overlooking Lake Ontario rounds out the experience, offering a true resort-like setting during the warmer months.

Aqualuna Amenities Pool
Aqualuna Amenities Pool

Who This Penthouse Is Really For

LPH03 will resonate most with buyers who value space, privacy, and quality — without the maintenance of a freehold home.

This residence is particularly well-suited to end-users looking to downsize from larger properties while maintaining generous square footage, as well as buyers seeking a turnkey waterfront home that can be enjoyed immediately. With its scale, layout, and brand-new condition, it also appeals to those who plan to live in the space long-term rather than treat it as a temporary stop.

Final Thoughts on Penthouse Living at Aqualuna

A lower penthouse of this size and position is something that needs to be experienced firsthand. The sense of scale, the connection to the outdoors, and the way the home flows from room to room are difficult to fully capture on paper.

For buyers seeking refined, low-maintenance living without compromise, this lower penthouse stands out as one of the most compelling waterfront offerings currently available.

Penthouse Living at Aqualuna by Tridel

If you’d like to view LPH03 in person, or learn more about other available residences at Aqualuna, get in touch with us to arrange a private tour. We’re happy to walk you through the building, the neighbourhood, and the options that best fit what you’re looking for – send us a message below!

7 Dale Ave

Top 10 Most Expensive Condo Sales in Toronto in 2025

By Advice For Buyers, Advice For Sellers, Luxury Real Estate

What These Sales Reveal About Toronto’s True Luxury Market

At the very top of Toronto’s condo market, averages stop being useful. What matters instead is scarcity, execution, and whether a property offers something genuinely difficult to replace. In 2025, ultra‑luxury condo sales were few, deliberate, and highly selective — but when the right product appeared, buyers still stepped forward.

This list captures the ten most expensive condo sales completed in Toronto in 2025. Together, they tell a clear story: price resistance existed, but pricing power remained intact for exceptional homes — particularly penthouses, large-format suites, and residences offering privacy, terraces, and concierge-driven living.

The Big Picture: Ultra‑Luxury Condos in 2025

While broader condo segments faced headwinds in 2025, the $6M+ tier operated by a different set of rules. In total, 12 condos traded for over $6 million during the year — a small number by volume, but telling in terms of where true demand still existed. Buyers were rarely stretching. Most were well-capitalized, patient, and highly specific. The result was a market that rewarded quality, not optimism.

A few themes quickly emerge:

• On average, these ultra‑luxury sales closed at approximately 95% of list price, reinforcing disciplined buyer behaviour.
• The average time on market was roughly two months, even at the very top end.
• The average annual property tax bill across this group was approximately $32,000, underscoring the carrying costs at this level.
• The bulk of sales occurred in Yorkville, with the remainder clustered in Rosedale‑adjacent locations.
• Penthouses and sub‑penthouses dominated the list, with outdoor space — terraces in particular — quietly driving value.
• Only one sale occurred outside the downtown core.

With that context, here’s how the top end of Toronto’s condo market actually traded in 2025. Prices shown reflect original list pricing.

The Top 10 Most Expensive Condo Sales of 2025

#1 – 7 Dale Ave PH3 — $14,000,000

Listed: $14,000,000
Size: Over 2,400 sq.ft. interior + expansive terraces
Layout: 3 bedrooms + den, 4 bathrooms
Parking: 3 spaces

7 Dale Ave
7 Dale Ave

This brand-new, never-lived-in penthouse at 7 Dale Avenue claimed the top spot for 2025 — and for good reason. Set above Rosedale’s private gardens and ravine system, this residence combined scale, elevation, and customization potential in one of Toronto’s most tightly held luxury pockets.

With direct elevator access, multiple terraces, and the ability for the buyer to select final finishes, the appeal wasn’t just luxury — it was control. Even at a discount from list, this sale reaffirmed that truly rare penthouses still define the ceiling of Toronto’s condo market.

7 Dale Ave
7 Dale Ave
7 Dale Ave
7 Dale Ave

Listed by: HAZELTON REAL ESTATE INC., BROKERAGE

#2 – 33 Jackes Ave #902 — $10,500,000

Listed: $10,500,000
Size: Approx. 4,482 sq.ft. interior + 1,255 sq.ft. terraces
Layout: 2 bedrooms + den, 4 bathrooms
Parking: 2 spaces (fits 3 cars)

33 Jackes Ave
33 Jackes Ave

Selling at full ask, this two-level penthouse at 33 Jackes Avenue showcased what happens when architectural pedigree, unobstructed views, and hotel-level service align. With four terraces, curated landscaping, skyline views, and valet service, the property functioned more like a private estate in the sky than a conventional condo.

For sellers, this was a reminder that when pricing is anchored to genuine uniqueness — not optimism — buyers will meet it.

33 Jackes Ave
33 Jackes Ave

Listed by: CHESTNUT PARK REAL ESTATE LIMITED

#3 – 200 Cumberland St #3403 — $8,499,000

Listed: $8,499,000
Size: Approx. 3,300 sq.ft.
Layout: 3 bedrooms + den, 4 bathrooms
Parking: 2 spaces

Located within Yorkville Private Estates, this southwest corner suite delivered volume, light, and flexibility — all traits buyers were prioritizing in 2025. Floor-to-ceiling windows, panoramic skyline views, and a traditional bedroom wing layout appealed to buyers looking to replicate single-family living without leaving the core.

The final sale price reflected negotiation discipline, but also confidence that premium space in Yorkville remains fundamentally desirable.

Listed by: CHESTNUT PARK REAL ESTATE LIMITED

#4 – 7 Dale Ave #207 — $8,250,000

Listed: $8,250,000
Size: Approx. 3,428 sq.ft. + terrace
Layout: 2 bedrooms, 3 bathrooms
Parking: 1 space

7 Dale Ave
7 Dale Ave

Another entry from 7 Dale Avenue, Suite 207 reinforced the building’s status as one of Toronto’s most refined boutique offerings. With interiors by Studio Munge, radiant heated floors, and a Crestron-integrated smart home system, this residence appealed to buyers focused on craftsmanship over sheer height.

This sale underscored a recurring theme in 2025: boutique luxury held its ground when execution was flawless.


Listed by:
ROYAL LEPAGE REAL ESTATE SERVICES OXLEY REAL ESTATE, BROKERAGE

#5 – 50 Yorkville Ave #4001 — $8,295,500

Listed: $8,295,500
Size: Approx. 2,874 sq.ft.
Layout: 2 bedrooms + den, 4 bathrooms
Parking: 3 spaces

Four Seasons Private Residences

Four Seasons Private Residences continue to define hotel-branded luxury in Toronto, and this northwest-facing suite delivered both scale and service. With private elevator access, marble finishes, and full access to five-star amenities, the appeal here was lifestyle certainty.

The spread between list and sale price also illustrated how even iconic buildings were not immune to negotiation in 2025.

The Four Seasons
The Four Seasons

Listed by: INTERCITY REALTY INC., BROKERAGE

#6 – 128 Hazelton Ave #801 — $8,325,000

Listed: $8,325,000
Size: Over 3,700 sq.ft. (two-storey)
Layout: 3 bedrooms, 4 bathrooms
Parking: 2 spaces

128 Hazelton Avenue
128 Hazelton Avenue

One of only 17 residences in the building — and the only two-storey suite — this sub-penthouse offered privacy, scale, and unobstructed park and skyline views. Boutique density, private elevators, and under-construction customization potential all played a role in attracting a buyer at this level.

128 Hazelton Avenue
128 Hazelton Avenue

Listed by: FOREST HILL REAL ESTATE INC., BROKERAGE

#7 – 50 Yorkville Ave #4403 — $8,499,000

Listed: $8,499,000
Size: Over 3,400 sq.ft.
Layout: 2 bedrooms + den, 3 bathrooms
Parking: 2 spaces

Four Seasons Private Residences
Four Seasons Private Residences

Another Four Seasons residence makes the list, reinforcing the building’s continued dominance at the top end. Dual private elevators, multiple terraces, and full hotel services appealed to buyers prioritizing turnkey luxury with minimal friction.

Four Seasons Private Residences
Four Seasons Private Residences

Listed by: HARVEY KALLES REAL ESTATE LTD., BROKERAGE

#8 – 118 Yorkville Ave #601 — $7,750,000

Listed: $7,750,000
Size: Over 5,200 sq.ft.
Layout: 4 bedrooms, 6 bathrooms
Parking: 6 spaces

The Hazelton Hotel
The Hazelton Hotel

Located within The Hazelton Hotel, this expansive residence functioned more like a private residence than a condo. Purpose-built for family living, the suite’s scale and access to five-star services made it one of the most functionally unique properties on the list.

The Hazelton Hotel
The Hazelton Hotel

Listed by: HAZELTON REAL ESTATE INC., BROKERAGE

#9 – 38 Avenue Rd #2302 — $6,495,000

Listed: $6,495,000
Size: Approx. 4,465 sq.ft.
Layout: 3 bedrooms, 5 bathrooms
Parking: 8 spaces

Prince Arthur
Prince Arthur

The only property on the list to sell above asking — and notably, a power of sale. This outcome highlighted how price positioning, combined with rarity and scale, can still generate competition even in cautious market conditions.

Listed by: SLAVENS & ASSOCIATES REAL ESTATE INC., BROKERAGE

#10 – 1 Strathgowan Ave PH02 — $6,995,000

Listed: $6,995,000
Size: Approx. 3,400 sq.ft. + 1,160 sq.ft. terraces
Layout: 3 bedrooms, 4 bathrooms
Parking: 2 spaces

The Winslow
The Winslow

The only sale outside the downtown core, this Lawrence Park penthouse stood out for its flexible layout and extraordinary outdoor space. With just two penthouses in the building, scarcity — not skyline — drove value here.

Listed by: ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM, BROKERAGE

Patterns That Defined the Top End in 2025

Across all ten sales, a few truths became impossible to ignore:

Buyers consistently paid for irreplaceability rather than hype, gravitating toward homes that offered something genuinely difficult to replicate. Large terraces and a sense of privacy mattered just as much as interior square footage, particularly for buyers replacing single-family homes. Hotel‑branded residences and ultra‑boutique buildings continued to dominate outcomes, reflecting a preference for service, discretion, and low density. Above all, pricing discipline proved decisive — well‑positioned listings moved efficiently, while aspirational pricing stalled, even at the very top end.

What This Means for Ultra‑Luxury Buyers

For buyers considering the $5M–$10M+ segment, 2025 reinforced that patience creates real leverage — not because prices collapsed, but because competition thinned. With fewer active buyers operating at this level, decision‑making became calmer and more deliberate, allowing well‑prepared purchasers to negotiate thoughtfully rather than react emotionally. The best opportunities weren’t necessarily cheap, but they offered strong relative value: exceptional homes, limited alternatives, and pricing that reflected today’s conditions rather than yesterday’s peak. For buyers who understood what truly mattered, value was high precisely because competition was lower.

Thinking About Buying or Selling at This Level?

If you’re curious about final sold prices or how these properties ultimately transacted, we’re always happy to share that context privately — just reach out.

Whether you’re quietly exploring opportunities or evaluating what your property could command in today’s market, ultra‑luxury decisions benefit from experience, discretion, and real pricing context.

Reach out to TorontoLivings for a confidential conversation about navigating the top end of Toronto’s condo market.

For Buyers Exploring Toronto’s Ultra‑Luxury Condo Market

If you’re considering a purchase at the very top end of Toronto’s condo market, we’ve built a dedicated resource that tracks the city’s most expensive condos, iconic buildings, and benchmark penthouse offerings — designed to help buyers understand where true value, scarcity, and long‑term prestige actually sit.

Explore our guide to Toronto’s most expensive condos

It’s a useful starting point if you’re narrowing your focus, comparing buildings, or simply trying to understand how the upper tier of the market really works before making your next move. Send us a message below, for a confidential conversation about navigating the top end of Toronto’s condo market!

Inside Sloane: A Deep Dive into Toronto’s Premier Luxury Rental Apartment

By Luxury Real Estate, Purpose Built Rentals

Sloane by Fitzrovia isn’t just another luxury rental—it’s a bold reimagining of urban living in one of Toronto’s most dynamic growth corridors. With three thoughtfully designed towers, an impressive amenity stack, and an unbeatable location across from Yorkdale, Sloane offers a lifestyle built around ease, elegance, and everyday indulgence.

#image_title

Why Sloane Stands Out on Dufferin

Strategically positioned at 3450 Dufferin Street, Sloane marks a pivotal shift in the north-end rental market. The community includes three towers rising 30, 28, and 24 storeys, and introduces a new public park into the mix—delivering both density and green space in equal measure.

You’re less than a 5-minute walk from Yorkdale Shopping Centre, one of Canada’s most luxurious retail destinations, and a quick hop to Yorkdale subway station. Transit Score: 83. Walk Score: 81.

Lobby of South Tower at Sloane By Fitzrovia
Lobby of South Tower at Sloane By Fitzrovia

Design Philosophy

Architecture by IBI Group

Award-winning global firm IBI Group has shaped Sloane’s silhouette using sleek glazing, articulated podiums, and human-scaled design that softens the towers’ urban presence. It’s rental design with a residential soul.

Sloan by Fitzrovia West Tower Example
Sloane by Fitzrovia West Tower Example

Interior Finishes & Features

  • 9’ to 10’ ceilings
  • Quartz countertops and soft-close cabinetry
  • Floor-to-ceiling windows
  • Energy-efficient appliances and in-suite laundry
  • Shabbat-friendly layouts with non-electric locking options and dual sinks

Barrier-free suites are also available, supporting multigenerational and accessible living.


Amenity Stack

The North Court

A full NBA-sized basketball court, modelled after the Raptors’ own practice gym, anchors Sloane’s fitness offering.

Basketball Court at Sloane by Fitzrovia
Basketball Court at Sloane by Fitzrovia

Rooftop Pool & Spa

Relax in the rooftop pool and sundeck, complete with city views, loungers, and spa-style sauna and steam rooms.

Rooftop pool and sundeck at Sloane by Fitzrovia
Rooftop pool and sundeck at Sloane by Fitzrovia

Pet-Friendly from Day One

At Sloane, pets aren’t just welcome—they’re spoiled. With an on-site dog run, and full grooming spa making Sloane a pet friendly building.

Family-Focused Features

Families benefit from the Adventure Zone, a children’s playroom featuring a custom dinosaur-themed play structure, plus the Bloomsbury Academy, an on-site Montessori-style daycare.

Kids Play Area
Kids Play Area

Games, Bowling, and More

Residents can unwind in a fully equipped games lounge, all-sports simulator, karaoke room, and yoga studio.

Bowling Area
Bowling Area

Smart Living & Resident Services

  • Keyless smart-lock entry
  • High-speed Rogers Ignite Wi-Fi (free for 10 years)
  • 24-hour concierge and parcel lockers
  • Virtual healthcare access via Cleveland Clinic Canada

These conveniences are built into the lease—not add-ons.


Inside a Typical Two-Bedroom

Example of a furnished Suite at the South Tower
Example of a furnished Suite at the South Tower
  • Over 900 sq.ft. of open-concept living
  • Oversized kitchen island with bar seating
  • Bedrooms split across the suite for privacy
  • Two full bathrooms, including an ensuite

Expect generous closets and oversized windows in every room.


Neighbourhood Snapshot

Yorkdale at Your Doorstep

With 270+ retailers including Holt Renfrew, Apple, and Canada Goose, Yorkdale brings world-class shopping, dining, and lifestyle options minutes from home.

Fast-Track Connections

  • 3 min to Allen Rd
  • 5 min to Hwy 401
  • 27 min to Pearson Airport
  • 17 min walk to subway

Ground-Level Activation

Coming soon: 10 DEAN, a sleek café/wine bar in the lobby to the East and West Towers

10 Dean - cafe and bar at Sloane
10 Dean – cafe and bar at Sloane

Who’s Renting Here?

  • Professional couples upsizing from condos
  • Downsizers selling their homes
  • Families seeking flexibility
  • Pet parents who want more space without compromise

“We moved here to be closer to Yorkdale and work—but stayed for the lifestyle. The building feels like a hotel every day.” – Sasha, resident since 2025


How Sloane Compares to Other Luxury Rentals

FeatureSloaneThe ParkerThe Elm/Lillian
Rooftop Pool
Pet Spa & Run
Kids Amenities
Daycare On Site
NBA Gym
Cleveland Clinic Virtual Health

Take the Next Step

Interested in seeing it for yourself?

Get in touch with us by booking a private tour with us and experience what makes Sloane Toronto’s most complete luxury rental community.


The Most Expensive Condos In Toronto for 2018

By Luxury Real Estate

How Many Luxury Condos Sold In Toronto For 2018?

From sprawling terraces, private wine cellars and even a penthouse with its own “backyard in the sky”… the luxury condo market in Toronto saw 28 suites sell for more than $3,500,000!

Leading this years list of most expensive condos in Toronto was an $8,000,000 penthouse that sold at the Shangri-La. In second place was $7,900,000 sale at The St. Regis Residences (formerly known as the Trump Hotel) followed by a $5,750,000 sale at the Residents of the Ritz Carlton.

The average price for a luxury condo in Toronto was just over $4,500,000.

How Much Was The Most Expensive Condo in Toronto for 2018

Shangri-La Penthouse

The most expensive condo sale in Toronto took place at the Shangri-La Residences in downtown Toronto. The three bedroom, two level penthouse featured 3415 sq.ft. of interior space and a private sky-high backyard measuring in at 1565 sq.ft. The penthouse was the last of four to sell at the Shangri-La and set the record for most expensive condo in Toronto at $8,000,000.

We toured the unit before it sold and absolutely loved the everything it offered – from its white oak chevron flooring to the gas fireplace wrapped in Calacatta marble… Check out more photos below!

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Which Luxury Buildings in Toronto Had The Most Sales

In 2017, the bulk of sales occurred at The Four Seasons Residences, but in 2018 there was a five-way tie spread out over several buildings. 88 Davenport (The Florian), 183 Wellington (The Ritz Residence), 1 St. Thomas, 200 Russel Hill and back again for another year The Four Seasons Residences each recorded three sales over $3,500,000!

Which Luxury Buildings Had The Highest Maintenance Fees

A penthouse at the Hazelton Lanes Private Residences recorded the highest maintenance fees at a monthly rate of $6211.82/month. The same unit also made the list for the largest terrace, measuring in at 3507 sq.ft!  

Which Million Dollar Condo Had The Most Amount Of Parking Spaces?

The penthouse at Theatre Park offered the most amount of parking spots with 4. The penthouse took up the entire 47th floor and featured a 360-degree 2,100 Sq.Ft. wrap-around terrace.

How Long Did it Take for Luxury Condos to Sell in Toronto?

On average it took about 40 days for these condos to sell. The longest took 185 days, and the shortest was sold in just one day!

Where Are The Majority of Luxury Condos Located in Toronto?

The majority of condos that sold for more than $3,500,000 were located in the downtown core and the majority of them in the Yorkville neighbourhood. The Residences of the Ritz Carlton and the St. Regis Hotel were two other two popular buildings located on both the east and west sides of the core!

7 Leander Court – Gordon Ridgelys Modern Masterpiece

By Luxury Real Estate

In recent years, Toronto has seen a boom in modern home design.  These modular structures stand out from many in the city with their unique appearance that usually features flat roofs, dark brick facades and expansive windows… but there is one modern home that truly stands out from all others, and that is Gordon Ridgelys final modern masterpiece – 7 Leander Court.

Gordon was born in Oshawa, Ontario on July 1938, and studied architecture at the University of Toronto. He graduated in 1965 with a passion for contemporary and modernist design. But at that time, there wasn’t much demand for such style and design – so he shifted his talents to creating Georgian styled homes.  Over the years, that helped amass an impressive clientele list with the likes of Galen Weston and even Conrad Black… but his passion remained with modern design. 

7 Leander Court was one of the final projects Mr. Ridgely worked on before his passing in 2013.  The home marked a return to his passion for modern design and features much of exacting detail Gordon was known for… and now, for the first time ever, the home is being made available for purchase!



The home, located in the O’Conner and Woodbine part of town, measures in at over 3,600 sq.ft. (interior). It was designed to respects the principles of feng shui and is situated along the Taylor Creek Ravine on a private cul-de-sac.  It features 4 bedrooms, including an incredible 3rd-floor retreat for the master.  Expansive windows line that rear of the house and open up to the backyard where you’ll find a mini oasis in the city!





My colleague Rebecca Keyzer, who is representing the sellers for the sale of the home, shared some of the highlights from within:

This home was intentionally built to be low-tech due to the health concerns associated with technology. The house wiring was designed by an anti-electromagnetic consultant. Everywhere where your head will rest, the wires are coated in a stainless steel, industrial grade sheath to protect your body from any negative effects of electromagnetic radiation and bypass all sleeping areas.





The Details on 7 Leander Court

Address: 7 Leander Crt
Neighbourhood: O’Connor-Parkview Toronto
Price: $2,987,500
Bedrooms: 4
Bathrooms: 5
Parking Spaces: 3
Listed with: REBECCA KEYZER, Salesperson SAGE REAL ESTATE LIMITED, BROKERAGE
Photos: BirdHouseMediaca







 

Most Expensive Condos of 2017

The Most Expensive Condo Buildings in Toronto for 2017

By Luxury Real Estate

30 Toronto Condos Sold For More Than $3.5 Million in 2017

It was a roller coster of a year for real estate prices in Toronto in 2017! In the housing market, things started out strong throughout the first quarter with a lot of the momentum pouring over from the little supply we saw in 2016 – but prices for homes quickly leveled off starting in April and continued throughout the remainder of the year. The condo market in general remained a “hot ticket item” and saw great growth throughout 2017… that too was true in the luxury condo market.

In our second year of covering sales in the luxury condo market, we saw a 36% increase in the number of condos selling over $3.5 million in Toronto – reaching 30 suites sold in 2017 vs the 22 sold in 2016! 

And it wasn’t just sales numbers that were up – prices were too.

How Much Was The Most Expensive Sale?

The most expensive condo sale recorded in 2017 was $11,500,000 (or $1900/sq.ft.) nearly double the $6,000,000 record of 2016. The 6000 sq.ft. plus penthouse, located in Yorkville came complete with a private pool, hot tub, and private roof top terrace with panoramic views.

Most Expensive Condos of 2017

Which Luxury Buildings in Toronto Had The Most Sales? 

The Four Seasons Private Residences had the most amount of sales on this years list with 5 luxury condos being sold in 2017. The Residences At The Ritz Carlton and the Imperial Plaza came in second with two sales over $3.5 million in each.  In 2016, 36 The Hazelton, had two sales on the list, but none clearing $3.5 million in 2017.

Most Expensive Condos of 2017

The majority of the sales took place in the Annex/Yorkville neighbourhood, with 14 sales recorded. The C01 Waterfront came in second with 5, followed by Rosedale-Moore Park with 4 sales.

What Was The Sold Price to List Price Ratio?

The average sale, sold at 95% of its list price, meaning there was about 5% negotiating room.

Most Expensive Condos of 2017

What Were The Average Days on Market for Luxury Condos in Toronto?

On average it took about 75 days for these higher end condos to sell.  The fastest sold in 2 days and the longest was technically a hold over from 2016, sitting for 410 days!

Most Expensive Condos of 2017

How Much Was The Highest Maintenance in 2017 For these Luxury Condos?

The highest fee was $6135/month + Heat, A/C and Hydro but also included a private roof top terrace, pool, hot tub, and 4 parking spaces.! The lowest was $1,675.98 and did not include parking.

Most Expensive Condos of 2017

With Luxury Prices, Comes Luxury Taxes

The city took in their fair share of taxes from these high end condos! The average amount paid between the 30 was $22,841/year.  The highest of the lot was $64,758 and the lowest was $7,650!

Most Expensive Condos of 2017

Shangri-La Penthouse

The Shangri-La Toronto Penthouse Collection

By Architecture, Luxury Real Estate

Rise above it all at the penthouses of the Shangri-La in downtown Toronto! With the help of  Kristen Duern from Chestnut Park Real Estate Limited, Brokerage and Anthony Lavignasse from Fixed Exposure, we took a tour of these super exclusive spaces to bring you inside the Penthouses of the Shangri-La!

Shangri-La Penthouse

Shangri-La Penthouse

Imagine coming home to one of four, 2 level penthouses that can only be described as something out of a fairytale… except in this story, the glass slipper is a glass and steel staircase, complete with a Boffi Italian kitchen to cook up and left over pumpkin!

Penthouse 6501 measures in at just under 5000 sq.ft (including terrace). I instantly fell in love with the white oak, chevron flooring and the triple sided gas fireplace, – bookmatched with Calacatta stone in the living room!

All Condos for Sale at Shangri-La Toronto

Living Room and Fireplace

Shangri-La Penthouse

Dining Room

Flanked between the Living and Kitchen area is the Dining Room.  The open concept space opens up to the 1,500 sq.ft. outdoor terrace and is the centre focal point of the main level.  My eyes were instantly hooked on the cherry blossom chandelier by Swarovski!

Shangri-La Penthouse

Kitchen and Family Room

And now for my favorite part of any home… the kitchen! This kitchen featured Boffi Italian walnut cabinetry, matching corian countertop and backsplash along with a Miele built-in coffee maker.  Miele appliances were also used for the speed oven, steam oven, wall oven and gas cooktop. The Sub-Zero fridge and freezer are seamlessly integrated to match the look and feel of the space. The open concept layout spills over and into the spacious family room.

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Terrace

The terrace can be accessed from both the family and dining room.  At over 1500 sq.ft. the space features Basalt stone pavers, Gas BBQ with stone countertop and under counter fridge, a jacuzzi along with landscaping and even a irrigation system.  One element many don’t think about when this high up is the wind! Especially in downtown Toronto, being this high can present its own set of challenges. The architects and engineers solved this by including massive glass walls, spanning nearly to floors high.  The thick glass provides safety from below and gives owners use of the space, practically year round!

Shangri-La Penthouse

Upper Level

At over 1600s sq.ft. the second level can be reached by private ensuite elevator, or the gorgeous glass stair case! Upstairs is where you’ll find the three bedrooms. Each feature a variety of finishes from the white oak chevron flooring, to Calacatta heated marble and even Boffi walnut cabinetry… oh, and VIEWS!!!

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Additional Features and Price

Each penthouse comes with a triple car garage, motorized sun shades, built in ceiling speakers, valet and limousine services! Penthouse 6501 is currently listed for $9,332,500 and has monthly maintenance fees of $2,878.22.