He who is contented is rich, wrote the ancient philosopher, Lao Tzu. But, perhaps just not rich enough to own a pad on our list of five priciest condos in Yorkville.
Need a mortgage to finance the purchase? Well, the minimum downpayment of 20% will only set you back $920,000 dollars. And, incase I forgot to mention, that figure is for the “starter-price” condo on the list.
Cheer up. Land transfer tax is far more palatable, coming in at a mere $202,950. I believe though, the price of a fully specced out 2019, Porsche 911 Turbo, is around five thousand dollars cheaper.
Looking to move here but not a citizen or permanent resident of Canada? Ontario welcomes you with a 15% foreign-buyers tax amounting to a further $920,000 bucks, due prior to closing, of-course. Yes minions, such is the price of entry into Toronto’s most elite condo neighbourhood.
Coincidentally, Yorkville is also home to the Mink Mile, Canada’s ritziest shopping district. Often compared to New York’s Fifth Avenue or Los Angele’s Rodeo Drive, this one mile patch on Bloor, west of Yonge, boasts the top global luxury brands including Hermès, Louis Vuitton, Gucci, Prada and Cartier, to name just a few.
So what does an entry-level condo on our list look like? Let’s jump right into number five.
This 2 bedroom, 3,325 square foot condo on the eleventh floor of the Windsor Arms Hotel has a list price of $4,600,000. The unit is decked out with Oak Hardwood & Marble Floors, bay windows, crown mouldings & detailed millwork.
Owners also have access to hotel facilities including a spa, pool, 24/7 Concierge, Valet, and, this is nice—Room Service. Need a break from the interior, a walk out from the family room brings you to a covered 110 square foot terrace.
Number four on our list is a two bedroom plus den suite located at 36 Hazelton Avenue, listed for $5,850,000.
The unit has an interior living space of 2700+ square feet, likely designed with an entertainer’s theme in mind as hinted by the walkout from the Living Room area onto a twenty-nine foot east facing terrace.
There are two fireplaces to cozy up to with heated floors in the master bedroom. My favourite feature is the sleek custom glass walls separating the living & dining rooms.
Number 3 on our list is a 5,240 square foot, six bedroom corner suite at 175 Cumberland, listed for $8,800,000. The building sits across from the Royal Ontario Museum, atop the Louis Vuitton store, how appropriate.
Each owner has their own separate, private elevator entrance. Meaning, you never have to see or greet your neighbours again, ever, and, for that matter, vice versa.
Three units on the floor were combined into one seamless living space. Oh, one interesting piece of fact, this price does not buy you a parking spot. Nope, parking in this building are rentals only. One simply can’t always have it all.
Number two on our list sits perched high on the 54th floor of the Four Seasons Hotel. Twelve foot ceilings and legendary five-star amenities put this pad in a league of its own. However, at the Four Seasons, unfortunately, this price will buy you only a 2 bedroom + library at a meagre 3,900 square feet.
Sorry folks, who needs a bibber spread when you have a custom wine cellar, two direct-to-suite elevators, heated floors in the master, ensuite baths and terrace walkouts? Yes, I know, some may beg to differ. The condo also comes with two terraces, one sitting on each corner of the north east and west views.
Number one on our list and also the priciest condo in the nation is listed for $28,750,000 dollars. Designed by legendary architect Philip Johnson, this sprawling two storey, ten thousand square foot spread also features a further 5,000 square foot terrace with unobstructed, north and south city views. Should I go on?
Four bedrooms, seven bathrooms, a gym and four parking spaces awaits you. What else might nearly thirty million bucks land you? “Imported oak panelling in the main-floor library—crafted from a single 400-year-old English oak bought at auction,” reads the property feature sheet.
I’m reminded of the late comedian Joan River’s remark, “people say that money is not the key to happiness, but i always figured if you have enough money, you can have a key made.”
22 St Thomas Street, Suite 11 B | Listed by: Elise S. Kalles, Harvey Kalles Real Estate Ltd.
36 Hazelton Ave, Suite 4A | Listed By: Amalia Bekerman, Sotheby’s International Realty Canada, Brokerage
175 Cumberland St, Suite 1707 | Listed By: Kelly Lee Fulton, Royal Lepage/J & D Division, Brokerage
50 Yorkville Ave, Suite 5401 | Listed By: James Martin Molloy, Chestnut Park Real Estate Limited, Brokerage
155 Cumberland St, Suite 1400 | Listed By: James Martin Molloy, Chestnut Park Real Estate Limited, Brokerage