Condo of the Week: $6.5 million for a King West sky mansion with an infinity pool
By Simone Olivero |
By Simone Olivero |
Address: 500 Wellington Street West, Unit 701
Neighbourhood: King West
Agent: Jonathan Ferrier, Royal LePage Real Estate Services Ltd., Brokerage
Price: $6,500,000
The Place: A luxury full-floor unit with private elevator access in a boutique King West building.
The History: This 10-storey tower, completed in 2011, was voted Best Residential Building at the 2013 Pug Awards. With only 17 units in the building, snagging a spot here is a rarity—although the third floor and penthouse units have both been on the market in the past few years. The original owner of this particular unit purchased it as a raw concrete shell and customized the layout with a built-in aquarium, home theatre and large open-concept space for a personal gym and games room.
Big Selling Point: With a 16-person dining area, glass-enclosed wine cellar, custom outdoor kitchen and infinity pool, this place can definitely handle a party.
Possible Deal Breaker: A romantic dip under the city lights is one of the perks of having a terrace pool, but with three floors of similar terraces up above, the new owner may not have the most privacy.
By The Numbers:
• $6,500,000
• $30,397.39 in property taxes
• 5,065 square feet
• $3,045.83 in monthly maintenance fees
• 1,400 square feet of outdoor space
• 4 bathrooms
• 3 bedrooms
• 2 terraces
• 2 parking spots
• 2 lockers
• 1 wine cellar
• 1 theatre room
• 1 in-home gym
• 1 aquarium-style infinity pool
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- The building has 10 storeys and only 17 units.
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- The suite takes up an entire floor and has private elevator access.
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- The living room is combined with the dining area and kitchen. And yes, that back window looks directly into the pool.
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- The dining area has a custom walnut ceiling and room for a 16-person table.
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- The kitchen is a Neff design, with Wolf and Miele appliances and a massive centre island.
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- This is the powder room.
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- No $6.5-million condo would complete without a soundproofed theatre room equipped with a 3D projector.
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- This room is being used as a home gym.
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- Like many of us, the the owners of this place have chosen to devote an entire room to their steampunk pool table. The wine room has space for around 1,100 bottles.
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- This is one of three bedrooms.
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- Another bedroom.
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- Each bedroom has its own en suite bathroom.
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- Here's the master bedroom. The walnut bed frame was custom-designed by Scott Elson.
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- The master bedroom has a walk-in closet and dressing area.
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- And then there's this 11-piece master bath, with limestone tub and sinks.
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- The unit has two terraces.
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- The outdoor kitchen is big enough for a whole catering crew.
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- And there's a glass-walled infinity pool.
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You could also mention that the ‘original owner’ who completed all of the extravagant customizations was also the developer of the building
This is a prime example of how money can really augment a complete lack of taste. Congratulations on creating something truly, remarkably, uniquely hideous.
In picture #3 the back wall of the living room is the pool… so strange.
Simply awful.
I don’t really care for the cabinetry or some of the furniture choices but I otherwise think this unit is fantastic. It reminds me a bit of a boutique hotel and that pool view is pretty hard to beat. The price is pretty astronomical but I guess that’s more a reflection of 5,000sqft right downtown.
Love it… haters will be haters cause they cant afford it! if I win 649, would surely get my hands on this. Love the centre island and would keep it with the chairs… but would have to plunk down around $50k on the kitchen to take out those wood paneling or what the hell they are to accentuate the beauty of the kitchen more
Come on , that’s awesome…
Wow. It’s stunning.
Although even if I *could* afford it (including then taxes and maintenance fees!!) it wouldn’t be the choice to invest that kind of $$$ in.
Nice but insane to spend that kind of money. To each his own- I guess!
Personally, I think you need more than 649 money to buy this. This is an awesome place though.