Condomonium: $1.65 million for a parkside penthouse in developer Brad Lamb’s King West building

Condomonium: $1.65 million for a parkside penthouse in developer Brad Lamb’s King West building

25 Stafford Street, Penthouse 906
ADDRESS: 25 Stafford Street, Penthouse 906

NEIGHBOURHOOD: Niagara

AGENT: Brad Lamb, Brad J. Lamb Realty Inc.

PRICE: $1,654,000

THE PLACE: This two-level penthouse in the new Parc Lofts building faces Stanley Park, where the King West crowd often congregates for baseball games and puppy watching.

BRAGGING RIGHTS: “Toronto’s Condo King” Brad Lamb is not only the developer and real estate agent, he also lives in the building’s only other penthouse.

BIG SELLING POINT: Since the terrace overlooks Stanley Park, the view is guaranteed. No upstart condos will ever block the light or crowd out the green space below.

POSSIBLE DEAL BREAKER: Living next to a park could trigger a sense of possessiveness about the public space. You may find yourself shouting, “Get off my lawn!” when park-goers tread to close to the building.

BY THE NUMBERS:
• $1,654,000
• $1,202.85 in monthly maintenance fees
• 2,187-square feet of interior space
• 663-square feet of terrace space
• Approximately 12-foot high ceilings on second level
• Approximately 10-foot high ceilings on first level
• 3 bathrooms
• 2 levels
• 2 bedrooms
• 2 balconies
• 1 parking space