Condo of the week: 311 Bay Street (Trump Tower)

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The Trump Tower has made headlines for a whole number of dubious reasons over its lifespan in Toronto, but what's it actually like to live in this place? A peek at unit 3904 at 311 Bay St. confirms what you might have already been thinking: bang for your buck is not one of things that would-be buyers should expect at this destination.

That said, this nearly 2,000 square foot unit does boast sweeping views, multiple fireplaces, and a contemporary design that befits the power address. The open layout areas are likely a way to make the space feel a bit bigger than it is, though the staging shows a smart way to create the sense of divided rooms.

But the main living areas aren't really where one is giving up on space with this condo. On the contrary, it's the bedrooms that keep the square footage down, at least in relation to the price point. The master bedroom doesn't really live up to that designation -- at least not by today's standards -- and the second bedroom is relatively small as well.

SPECS

Address: 311 Bay St. #3904 (Trump Tower)
Price: $2,950,000
Square feet: 1,900
Bedrooms: 2
Bathrooms: 2
Parking: 1
Taxes: $12,853
Maintenance fee: $1757
Listing Agent: Sotheby's Canada

NOTABLE FEATURES

2 Fireplaces
Exercise Room
Indoor Pool
Hot Tub
Stunning views of the Financial District

GOOD FOR

A Bay St. power couple. This isn't the ideal unit for a young family, though smart design can easily make up for that. Really, this place is all about the address. If you like the idea of being an elevator ride away from America restaurant, this could be your ideal condo.

MOVE ON IF

You expect lots of space for $3 million. While not small at nearly 2,000 square feet, this is no palace. Also: if you're prone to worrying about giant spires crashing down above you, this might not be the most psychologically comforting place to live.

UPDATE: The photos that originally appeared in this post have been removed. Top photo by Marcanadian in the blogTO Flickr pool.