This is what Toronto's new $15 million penthouse condo will look like
At $15 million for a penthouse condo, this Toronto development might have others beat for most expensive in the city.
While a $13 million penthouse condo was for sale in the city last year, it looks like a $15 million condo is coming soon.
The penthouse at the yet-to-be-built development at 10 Prince Arthur Avenue in Yorkville is priced at $15 million.
The condo comes from developer North Drive, residential designers architect Richard Wengle, and interior designers Brian Gluckstein and Michael London.
The seven-storey building will be composed of 28 terraced residences with the cheapest costing a whopping $3 million.
For this multi-million dollar price tag, buyers will get "home-sized" residences averaged around 2,500 square feet.
Gluckstein says it is not about downsizing.
"Some purchasers might have the same size apartment as their single-detached house, but instead of six bedrooms, they might have a grander dining room or his-and-hers bathrooms. It's about re-allocating the way you live - rightsizing rather than downsizing," Gluckstein said in a press release.
The penthouse will be a sprawling 5,918 square feet with 3,102 square feet of outdoor space — but still, for $15 million, you could surely get a mansion. This huge place was listed for $12 million in the city recently.
The penthouse at 10 Prince Arthur has some extravagant features, though. There are four terraces, a library, butler's pantry, great room and dual walk-in closets.
The design is "ultra-customizable," according to the developer, and along with the floorplan, picking out all aspects of home finishings will be up to the buyer with the help of the interior designers.
The kitchens come with Wolf/Sub-Zero appliances, which can cost over $10,000 per appliance.
According to the developers, the condo also offers additional safety compared to a home — but if you're that rich, you could probably hire a security guard.
The place comes with valet and concierge services, a lobby lounge and separate reception parlour, fitness centre, and covered terrace with seating and sculptured landscaping.
If you do win the lottery, construction starts mid 2021 and the development is slated to be complete in spring 2024.
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