Condomonium: $2.5 million for a three-level penthouse in the middle of the Financial District
ADDRESS: 1 King St. W., Unit 4901
NEIGHBOURHOOD: Bay Street Corridor
AGENT: Nadine Robbins
PRICE: $2,495,000
THE PLACE: A three-level penthouse in the One King West Hotel and Residence, a 51-storey, 29-foot-wide tower that’s been aptly nicknamed the Sliver.
BRAGGING RIGHTS: The award-winning building was famously co-developed by “condo king” Harry Stinson and David Mirvish, then infamously led to Stinson’s financial ruin when Mirvish pushed him out of the project. So what’s there to brag about? Well, for one thing, it didn’t happen to you.
BIG SELLING POINT: Super convenience. The tower is connected to the PATH and King subway station, and because it’s partially a hotel, it has room service, valet parking and housekeeping.
POSSIBLE DEAL BREAKER: Living 50 storeys up in the centre of Bay Street’s concrete jungle means you’ll be bereft of trees, which according to this report could make you sad and your kids fat.
BY THE NUMBERS: • $2,495,000 • 4,300 square feet • $1,707.97 in monthly maintenance fees • 51 floors above the city • 18-foot-high ceilings • 3 levels • 3 bedrooms • 3 ensuite bathrooms • 3 gas fireplaces • 1 den • 1 family room • 1 powder room
