Condomonium: $1 million for a spacious, Art Deco–inspired penthouse in the Madison Avenue Lofts

Condomonium: $1 million for a spacious, Art Deco–inspired penthouse in the Madison Avenue Lofts

ADDRESS: 380 Macpherson Avenue, Penthouse 614

NEIGHBOURHOOD: Casa Loma

AGENT: Robert Greenberg and Andre Kutyan, Harvey Kalles Real Estate Ltd.

PRICE: $1,069,000

THE PLACE: A penthouse in the Madison Avenue Lofts, a six-storey structure that combines elements of industrial and Art Deco design. The building stored wire bundles for Toronto Hydro in a previous life, and though converted lofts often fall short on amenities, this building is stocked with an exercise facility, a sauna, a theatre and a meeting room.

BRAGGING RIGHTS: Originally a two-bedroom suite, it has living to space to spare, including a super-sized dining room that could fit a table worthy of Hogwarts’ Great Hall.

BIG SELLING POINT: Henry Liska of Meritor Design lent his elegant and unique aesthetic to the unit: note the hand-painted wallpaper, the tiled drop ceiling in the living room and the French doors leading to the study.

POSSIBLE DEAL BREAKER: To feel right in a home this formal, you’ll have to wear a jacket and tie just to eat your morning cereal.

BY THE NUMBERS:
• $1,069,000
• $772.39 a month in maintenance fees
• 1600-plus square feet
• 330-square-foot terrace
• 11-foot-six-high ceilings
• 3 walk-outs to the terrace
• 2 bathrooms
• 1 bedroom
• 1 parking space