Condo of the Week: $2 million for a penthouse atop one of Toronto’s tallest towers

Condo of the Week: $2 million for a penthouse atop one of Toronto’s tallest towers


Address: 388 Yonge Street, Unit 7708
Neighbourhood: Bay Street Corridor
Agents: Danny Lai and Amy M.W. Hui, Tradeworld Realty Inc., Brokerage
Price: $1,959,000

The Place: A southeast-facing penthouse atop one of North America’s tallest residential buildings.

Big Selling Point: The unit has ultra-luxurious finishes, including Italian-marble counters, heated bathroom floors, a chic limestone fireplace and expensive appliances. There are also snazzy amenities, like a fifth-floor garden and an 18-seat screening room. The Madonna-owned Hard Candy gym is located in the building’s podium.

Bragging Rights: This unit is on the 77th floor of 78-floor Aura at College Park, which is the fourth tallest building in Toronto and the fifth tallest residential building in North America, according to the Council on Tall Buildings and Urban Habitat. (It will fall to sixth when New York City’s 432 Park Avenue is completed.) Only a handful of people on the continent have more expansive views.

Possible Deal Breaker: Although some luxury condos come with multiple parking spaces and valet service, this unit doesn’t come with anywhere to leave the Porsche. Anyone with $2 million to spend on a condo could probably afford to buy a space separately, though.

By the Numbers:

• $1,959,000
• 1,855 square feet
• $651 in monthly maintenance fees
• 50-second elevator ride to floor 77
• 10-foot ceilings
• 9 high-speed elevators
• 2 bedrooms
• 2 bathrooms
• 1 den
• 0 parking spaces