the one

Toronto's tallest condo will be unbelievably extravagant

Toronto's tallest condo tower may turn out to be its most extravagant as well.

One Bloor West, typically referred to as "The One," is slowly shaping up to be the peak of luxury in the city.

As the project nears its groundbreaking, a report from the Globe and Mail reveals some of the details surrounding the project, including a few hints at the sky-high prices and amenities that'll also call the building home.

Details show the price per square foot of condo units will range from $1,200 to $3,000, making it one of the priciest buildings in the city. This is significantly higher than the average price per square foot in the surrounding area, which can range from around $784 to $893.

The tower will be home to four three-storey penthouses. Each one is expected to be listed in excess of $20 million, making them some of the most expensive condo units in the country.

For those of us who aren't multimillionaires looking to purchase Drake-worthy penthouses, it'll still be able to get a look at this monster of a building.

the one condo toronto

A glimpse at the ground floor retail at The One. Image via Mizrahi Developments.

Its first 18 floors are planned to house retail, restaurants, event spaces, and a boutique hotel that might comprise as many as 11 floors. According to developer Sam Mizrahi, an "international anchor" store will be one of the tenants.

The speculation has long been that Apple is destined to to take a prominent place at One Bloor West, though at this point it remains unconfirmed.

On the condo side, Mizrahi told the Globe that there's currently a waiting list of over 7,000 people, who are vying for one of only 416 units.

When the roughly $1 billion project is finished, it will officially become the second tallest structure in the city, edging out First Canadian Place, which currently holds the spot behind the CN Tower.

A groundbreaking ceremony for The One will take place October 5, 2017.

With the official opening date slated for 2022/2023, there's still time to start saving up if you'd like to grab a unit. It might take a bit of extra frugality until then to afford a penthouse, though.

Lead photo by

Mizrahi Developments


Join the conversation Load comments

Latest in City

Toronto Police found to arrest and kill Black residents at a disproportionate rate

Customer makes racist remark and lashes out at Toronto nail salon employees

Toronto raccoon keeps watch over city from top of construction crane

This is how to watch the Perseid meteor shower from Toronto during its peak this week

Toronto residents question safety of Cherry Beach following chainsaw attack

Five international flights with COVID-19 cases have entered Toronto since start of August

People in Toronto are getting shamed on social media for not wearing face masks properly

Toronto is shutting down the DVP this weekend