Toronto is slowly moving up the real estate food chain. The current record for the most expensive new condo is held by the Penthouse at the Four Seasons which sold for $29 million back in 2011.
The market for the ultra luxury condominiums is picking up steam with recent reports suggesting that the $4-million-plus category of sales is the fastest growing segment in the market with 81% more sales in the first half of 2016 than the same period in 2015.
We spent hours trawling through hundreds of price lists and floor plans to make a list of the most expensive new condos that you can buy today.
➊ Trump Toronto
$38 Million – 11,755 sq.ft.
➋ 1 Yorkville Condos
$13 Million – 7,256 sq.ft.
The 7,256 sq.ft. penthouse at 1 Yorkville occupies the entire 58th floor of the tower with direct elevator access and is priced at $13 million. The suite features four bedrooms (each with their own en-suite washroom), a personal gym, family room, living room and dining room and is located in the heart of Yorkville.
➌ 200 Russell Hill Condos
$11.904 Million – 4,561 sq.ft.
➍ Shangri La Toronto
$9.332 Million – 3,603 sq.ft.
$9.332 million gets you one of the four luxurious 2-storey penthouses at the Shangri La ranging from 3,521 to 3,603 sq.ft. (plus over 1,500 sq.ft. of private terraces). The suites offer private elevator access, endless views (from the 65th floor) and high end finishes including kitchens imported from Italy. The suite comes with a private three car garage and luxury services including valet parking.
➎ 346 Davenport Condos
$8.499 Million – 5,068 sq.ft.
$8.499 million gets you the entire top floor at 346 Davenport, the latest upscale condominium by Freed Developments. In addition to the 5,068 sq.ft. of interior space, the suite comes with a fully decked out private rooftop that includes your own private infinity edge pool. The suite has views in all directions and comes with direct elevator access, 3 bedrooms and a den.
➏ Randal Residences
$4.235 Million – 3,232 sq.ft
➐ Ten York Condos
$4.235 Million – 3,858 sq.ft.
At $4.235 Million, Penthouse 10 at Ten York is 3,858 sq.ft. and features a stunning wedge shaped living room with views in three directions including unobstructed views of the lake, CN Tower and skyline. Ten York is developed by Tridel and will be completed in 2017.
➑ Exhibit Condos
$3.959 Million – 2,386 sq.ft.
At $3.959 million, this 2,386 sq.ft. penthouse suite at Exhibit comes with a protected south view over the Royal Ontario Museum and Queens Park. The 2 bedroom plus library suite occupies just under half of the entire top floor.
➒ The Perry Condos
$3.52 Million – 2,921 sq.ft.
$3.52 million gets you a 2,921 sq.ft. two storey townhouse that features 3 bedrooms and a library. The suite is part of the Estate Collection at The Perry and is located in Toronto’s popular “Annex” neighbourhood. The suite features high end finishes including Gaggenau appliances and custom Poliform kitchens, vanities and closets.