Condomonium: $1.6 million for a penthouse with a hot tub on the wraparound terrace

Condomonium: $1.6 million for a penthouse with a hot tub on the wraparound terrace

ADDRESS: 138 Princess Street, Penthouse 5

NEIGHBOURHOOD: Moss Park

AGENT: Rizwan Malik, Homelife/Realty One Ltd.

PRICE: $1,599,900

THE PLACE: A two-level corner suite in the East Lofts, a mid-rise building on the edge of the St. Lawrence Market neighbourhood. Soft lofts occupy the building’s upper levels, and its ground floor space is devoted to tenants both storied (Waddington’s Auction House) and convenient (Urban Barn).

BRAGGING RIGHTS: Relaxing in a hot tub high above the city feels very decadent—even more so when you know that the street had to be shut down for the crane to lift the tub onto the wraparound terrace.

BIG SELLING POINT: It’s not often we get excited about doorways, but the entry point to the master bedroom is downright fun. It feels like a secret passageway, thanks to the pivot entrance disguised as a wall.

POSSIBLE DEAL BREAKER: With exposed concrete ceilings above and porcelain tiles below, this penthouse could feel a little cold to those used to the warmth of wood floors and bright colours.

BY THE NUMBERS:
• $1,599,900
• 1,800 square feet (interior)
• $870.78 in monthly maintenance fees
• 15-foot island in kitchen
• 10-foot ceilings on second floor
• 9-foot ceilings on main floor
• 3 bathrooms
• 2 bedrooms
• 2 levels
• 1 hot tub
• 1 wraparound terrace
• 1 balcony off second bedroom
• 1 parking space