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Real Estate News

Condo of the Week: $2.8 million for a Junction Triangle penthouse with a rooftop putting green

By Jonathan Forani| Photography by Andre McKenzie/SILVERHOUSE
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Condo of the Week: $2.8 million for a Junction Triangle penthouse with a rooftop putting green

Address: 245 Perth Avenue, penthouse
Neighbourhood: Junction Triangle Agent: Dylan Donovan, Chestnut Park Real Estate Limited
Price: $2,795,000

The Place

A modern 2,000-square-foot penthouse near Dundas West station. The three-bed, three-bath unit has a Scandinavian-style interior, with a light colour palette and sculptural furniture. It also has a 1,600-square-foot wrap-around rooftop terrace.

The History

The building is part of the Arch Lofts, a restoration of the century-old Perth Avenue Methodist Church. In 2018, the seller purchased the unfinished penthouse unit and carried out a six-month renovation. They preserved the original layout and added custom finishes.

The Tour

There’s direct elevator access to the penthouse, which is one of 13 units in the building:

Condo of the Week: $2.8 million for a Junction Triangle penthouse with a rooftop putting green

The front hallway has cement tile flooring. Those stairs go down to a wine cellar:

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Condo of the Week: $2.8 million for a Junction Triangle penthouse with a rooftop putting green

The wine cellar is 77 square feet and holds more than 60 bottles:

Condo of the Week: $2.8 million for a Junction Triangle penthouse with a rooftop putting green

This room, located next to the front hallway, could be used as a bedroom:

Condo of the Week: $2.8 million for a Junction Triangle penthouse with a rooftop putting green

It also has access to the wrap-around terrace:

Condo of the Week: $2.8 million for a Junction Triangle penthouse with a rooftop putting green

The living room has 10-foot ceilings and a white oak wall:

Condo of the Week: $2.8 million for a Junction Triangle penthouse with a rooftop putting green

Most of the flooring in the unit is made from white oak:

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Condo of the Week: $2.8 million for a Junction Triangle penthouse with a rooftop putting green

A brass chandelier hangs in the dining area:

Condo of the Week: $2.8 million for a Junction Triangle penthouse with a rooftop putting green

In the kitchen, there are spherical light fixtures and granite countertops:

Condo of the Week: $2.8 million for a Junction Triangle penthouse with a rooftop putting green

The powder room has ribbed stone tile walls and a pendant light fixture:

Condo of the Week: $2.8 million for a Junction Triangle penthouse with a rooftop putting green

In the master, there’s a built-in king-size bed with a white oak frame:

Condo of the Week: $2.8 million for a Junction Triangle penthouse with a rooftop putting green

Including the bathroom, which features a glass enclosure and grey granite tiles, the master suite is nearly 275 square feet:

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Condo of the Week: $2.8 million for a Junction Triangle penthouse with a rooftop putting green

Both of the main bedrooms have access to the terrace:

Condo of the Week: $2.8 million for a Junction Triangle penthouse with a rooftop putting green

The second bedroom has a king-size bed, a glass shower and a built-in vanity:

Condo of the Week: $2.8 million for a Junction Triangle penthouse with a rooftop putting green

There are green-blue cement tiles in this bathroom:

Condo of the Week: $2.8 million for a Junction Triangle penthouse with a rooftop putting green

The penthouse terrace has two gas lines, which makes it a good spot to BBQ:

Condo of the Week: $2.8 million for a Junction Triangle penthouse with a rooftop putting green

This Muskoka-inspired patio set can be purchased with the unit:

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Condo of the Week: $2.8 million for a Junction Triangle penthouse with a rooftop putting green

... along with this little putting green:

Condo of the Week: $2.8 million for a Junction Triangle penthouse with a rooftop putting green
Big Selling Point

The wrap-around rooftop terrace. At nearly 1,600 square feet, the outdoor deck is only slightly smaller than the interior of the apartment. That means buyers will have plenty of space to soak up sun (or work on their short game) in the summer months.

Possible Deal Breaker

You could rent a small studio apartment with the monthly maintenance fees.

By the Numbers
  • $2,795,000
  • 1,845 square feet
  • $1,404 in monthly maintenance fees
  • $8,128 in taxes
  • 3 bedrooms
  • 3 bathrooms
  • 1 parking space
  • 1 storage locker

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