Condo of the Week: $1.2 million for a penthouse in the middle of the entertainment district

Condo of the Week: $1.2 million for a penthouse in the middle of the entertainment district

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Address: 169 John Street, Penthouse 4
Neighbourhood: Kensington-Chinatown
Agent: Paul Maranger, Christian Vermast and Fran Bennett, Sotheby’s International Realty Canada, Brokerage
Price: $1,195,000

The Place: A two-bedroom, two-storey penthouse—one of four—in One Six Nine, a soft-loft complex at Queen and John. We featured another unit in the building last year.

Bragging Rights: The building uses super-high-tech, space-saving parking technology: the garage uses lifts to stack cars on top of one another (the spot for this unit has one car above it, and one below). Parking hasn’t been this exciting since you were sixteen.

Big Selling Point: As part of the unit’s $173,000 renovation, the original kitchen island was swapped out for an oversized one that easily seats eight. The island countertop was so large, it had to be cut in two. The seam is hidden under stainless steel detailing that matches both the appliances and exposed vents.

Possible Deal Breaker: With city council in talks to make John Street more pedestrian friendly, and Grange Park (at the end of the street) set to get a facelift, the already bustling area could become even busier. Luckily, the parking garage is accessible by a laneway, so access won’t be impeded by any traffic restrictions.

By the Numbers:

• $1,195,000
• $173,000 in upgrades
• 1,700 square feet
• $1,338.90 in monthly maintenance fees
• 2 storeys
• 2 bedrooms
• 2 washrooms
• 2 fireplaces
• 1 parking space
• 1 locker
• 1 terrace
• 1 balcony