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Most Expensive Luxury Developments In Toronto

Most Expensive Luxury Developments In Toronto

21.04.20

Toronto ranks high as one of the country’s most expensive real estate and is home to some of the most coveted high-end condominiums.

Toronto has become one of the fastest-growing cities in both Canada and the United States. The average price of a luxury property the city over $5 million now however at $6,517,143 down from $6,726,532 in 2018.

The city is also on track to move up in North America’s skyscraper rankings. Building development and immigration are among factors for the city’s growth and solid demand for luxury properties is also projected to grow, according to a report from Bloomberg.

Here are some of Toronto’s most expensive luxury condos currently in development.

Fifty Scollard Condos

Fifty Scollard is a new 41-storey project set in Toronto’s trendy and most internationally recognized neighbourhood, Yorkville. For a million-dollar price tag, you can expect all the luxurious touches throughout. Future residents will have access to amenities that are redefining the definition of “luxury amenities” like a chauffeured house car service to an exclusively stocked wine club.

KING Toronto Condos

One of the most highly anticipated developments in Toronto is headlined by high profile Danish architect, Bjarke Ingels of Bjarke Ingles Group (BIG) with Westbank and Allied Properties. Besides integrating residential community with heritage commercial properties, the condo is introducing Toronto to the rise of verdant architecture featuring staggered and protruding complexes covered with luscious greenery. The penthouse series are also custom designed by BIG to be distinct and unique in the world like it’s La Bibliothèque featuring a two-storey library curated by Taschen Books.

Pinnacle One

Rising 95 storeys tall, it will be Canada’s tallest residential building. It will stand nearly as tall as the city’s iconic landmark, CN Tower. The development will be a part of a master planned Waterfront development, including a 2.5-acre park, community centre and hotel that is set to transform the city infrastructure. For a premium price, luxury buyers can customize the floorplan of their multi-storey penthouse.

Contact The Penthouse Queen

With a passion for Penthouses and Luxury Living, Claudine founded Penthouse Queen specializing in Toronto’s Finest Penthouses. Claudine’s passion and a keen eye for Real Estate have distinguished her as a top producing realtor and her relationship with developers offers clients exclusive access and superior benefits.

Find our more here: www.penthousequeen.com

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