Condo of the Week: $2.8 million for a suite with two terraces in an exclusive Wellington Street building

Condo of the Week: $2.8 million for a suite with two terraces in an exclusive Wellington Street building

Address: 500 Wellington Street West, Unit 301
Neighbourhood: Waterfront Communities-The Island
Agent: Kate Matheson and Jordan Grosman, Forest Hill Real Estate Inc., Brokerage
Price: $2,799,000

The Place: A two-bedroom suite in an upscale King West building built by developer Peter Freed (who was briefly tempted to move in).

Bragging Rights: Exclusivity. The development has only 10 storeys and 15 units, which means no floor has more than two suites.

Big Selling Point: With two separate south-facing terraces, you can indulge in the summertime luxury of sunbathing in solitude.

Possible Deal Breaker: The pillars have a modern look, but some buyers may still find them a little too reminiscent of ancient Greek temples.

By the Numbers:
• $2,799,000
• 3,515 square feet
• $1,951.17 in monthly maintenance fees
• 10-foot ceilings
• 3 bathrooms
• 2 bedrooms
• 2 private terraces
• 1 private elevator
• 1 gas fireplace
• 1 parking spot
• 1 storage locker