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Real Estate

Condomonium: $7.5 million for developer Peter Freed’s personal penthouse

Condomonium: $7.5 million for developer Peter Freed’s personal penthouse

ADDRESS: 500 Wellington Street West, Penthouse 1001

NEIGHBOURHOOD: Waterfront Communities-The Island

AGENTS: Arif Manji and Eric Kuzuian, Private Service Realty

PRICE: $7,500,000

THE PLACE: The entire top floor of Five Hundred Wellington West. The building is easily one of the most exclusive in the city; there are fewer than 20 units in total and many of them—including this penthouse—span entire floors.

BRAGGING RIGHTS: It’s the developer’s own. Peter Freed, the “man who made King West,” and the force behind this building (as well as the Thompson Hotel and Residences and other high-profile builds) bought this unit for himself, though he never ended up moving in.

BIG SELLING POINT: Like the Thompson, this condo has a great pool overlooking the city—the massive, south-facing terrace is tricked out with both a raised, infinity glass pool and a hot tub. And, unlike the Thompson, you won’t have to share them with anyone.

POSSIBLE DEAL BREAKER: You had better be able to cook under pressure—with an open, restaurant-style kitchen, dinner guests will be watching your every move.

BY THE NUMBERS:
• $7,500,000
• 6,200 square feet
• $2,241.32 in monthly maintenance fees
• 2,000-square-foot rooftop terrace
• 10-foot-high ceilings
• 3 bedrooms
• 3 bathrooms
• 2 terraces
• 2 private elevators
• 1 outdoor pool
• 1 entire floor

500 Wellington Street West, Penthouse 1001
500 Wellington Street West, Penthouse 1001
500 Wellington Street West, Penthouse 1001
500 Wellington Street West, Penthouse 1001
500 Wellington Street West, Penthouse 1001
500 Wellington Street West, Penthouse 1001
500 Wellington Street West, Penthouse 1001
500 Wellington Street West, Penthouse 1001
500 Wellington Street West, Penthouse 1001
500 Wellington Street West, Penthouse 1001
500 Wellington Street West, Penthouse 1001
500 Wellington Street West, Penthouse 1001
500 Wellington Street West, Penthouse 1001
500 Wellington Street West, Penthouse 1001
500 Wellington Street West, Penthouse 1001
500 Wellington Street West, Penthouse 1001

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