Calling this $2 million Toronto condo 'renovated' is a major understatement

Toronto condos love to market themselves as "luxury," but most of the time that just means a waterfall island, some brushed brass hardware, and enough greige to make you forget what joy feels like.

Then there's suite 514 at 225 Davenport Rd.

The three-bedroom condo in Yorkville just hit the market, and calling it "renovated" feels like a bit of an understatement.

The entrance. 

This wasn't your standard fresh-paint-and-new-floors condo flip. The 1,800-square-foot apartment was taken right back to its concrete bones and completely rebuilt from scratch in what might be one of the most ambitious condo transformations Toronto has seen in a while.

The primary bedroom. 

The result looks less like a typical Toronto condo and more like the kind of impossibly polished apartment you'd expect to find somewhere off the Upper West Side in New York.

The living room. 

Designed by Stephanie Carron Design Inc. as part of what she calls Project 514, the overhaul was part of a broader exploration into Toronto's so-called "missing middle" housing problem — essentially asking whether older urban condos could be reimagined to better serve families and downsizers who want more space without fleeing to the suburbs.

A built-in desk in one of the bedrooms. 

And honestly? The answer here seems to be a pretty convincing yes.

Minimalist closets in the bedroom. 

Originally built in 1988, the low-rise building's suite 514 had all the issues that plague older condo layouts: low dropped ceilings, awkward circulation, poor privacy, and, in one particularly cursed design choice, two bedrooms separated by an angled glass wall.

One of the bathrooms. 

Rather than trying to work around those quirks, Carron essentially hit reset.

Another bathroom. 

The entire unit was stripped to bare concrete, allowing plumbing, electrical, and HVAC systems to be rerouted. That reconstruction reclaimed nearly a foot of ceiling height throughout the suite, dramatically changing the scale and feel of the space.

The kitchen with custom cabinetry. 

The kitchen is particularly clever, with minimalist custom millwork concealing integrated storage, dishwasher drawers, waste systems, and a hidden bar.

The millwork was designed to look more like furniture. 

There's even a nearly invisible two-inch toe kick — a tiny detail that makes the cabinetry read more like sculptural furniture than kitchen cabinets.

The open-concept living, dining and kitchen. 

One of the smartest moves was removing the original enclosed solarium, replacing it with a more open living experience that allows light and airflow circulate naturally through the suite year-round.

Large windows bring in lots of natural light. 

Thanks to expansive south-facing windows, the apartment is flooded with natural light and offers sunset views that bounce across the carefully layered surfaces.

The foyer door that separates the bedroom wing. 

A hidden-door foyer separates the entertaining spaces from the bedroom wing, which is a wildly civilized feature in a condo and means guests can use the powder room without accidentally wandering into someone's bedroom.

Custom closets. 

The details throughout elevate the everyday experience: remote-controlled acoustic blinds, wall-hung toilets, custom illuminated closets, architectural lighting, oversized showers, and white oak flooring.

The wood-burning fireplace. 

There's also a rare wood-burning fireplace.

Little details like the recessed ledge for leaning artwork make this condo special. 

And while the interiors are undeniably stunning, the bigger story here might actually be what this condo represents.

A small desk nook in a bedroom. 

Project 514 was conceived as a case study in how Toronto could rethink existing housing stock rather than endlessly building tiny glass boxes or relying on detached homes as the only path to spacious city living.

A bathroom. 

In other words, this isn't just a fancy Yorkville condo. It's basically an argument that maybe Toronto already has the bones for better urban family housing — if someone is willing to spend the time, money, and vision to rethink them.

The minimalist kitchen. 

Of course, "rethinking condo living" at this level also comes with the very un-missing-middle price tag of $2,095,000. 

The exterior of 225 Davenport Rd. 

Because this is still Yorkville, and Toronto real estate never misses a chance to remind us that good design comes at a premium.