Condo of the Week: $7.5 million for a two-bedroom Yorkville penthouse
Address: 80 Yorkville Avenue, Unit 1602
Neighbourhood: Yorkville
Agent: Michael McLachlan and Maxwell Taylor, Re/Max Ultimate Realty Inc.
Price: $7,500,000
The Place
This luxurious 3,765-square-foot condo offers panoramic views of the city. It’s got two bedrooms, three bathrooms and four walk-out balconies, along with floor-to-ceiling windows and marble flooring.
The history
The original owner purchased the unit as raw space for $2.6 million during the land acquisition. Pre-construction, the developer planned for the apartment to have three bedrooms, but the owner turned it into a two-bedroom and broadened the kitchen and dining area. In 2012, it sold for $6.8 million. In preparation for the most recent sale, the place got a fresh paint job, new light fixtures and updated kitchen hardware.
A look at the dining room. There are Spanish marble floors throughout the unit:
Here’s the family room. Check out the nine-foot ceilings:
The place has electronic blinds throughout, in case buyers have an urge to shut out the world:
A wider shot of the kitchen and family room:
The kitchen has fine woodwork and marble countertops:
Those glossy kitchen cabinets are finished with something called “auto paint,” which protects against wear and UV damage:
In the study, a bookcase conceals a secret cabinet:
The master bedroom has floor-to-ceiling windows and more of those electronic blinds:
Here’s the second bedroom, which has walk-out access to the balcony:
The master bathroom, with its free-standing soaker tub:
Here’s the view to the west:
Big Selling Point
The square footage of this place is comparable to a detached home, which is rare to come across, especially downtown.
Possible Deal Breaker
This place is prohibitively expensive for most condo seekers. It could be available for a while, since the market for a $7.5-million two-bedroom is small. In 2012, before it sold to the current owner, the condo sat untouched on MLS for more than five months.
By the numbers
- 3,765 square feet
- $4,626 in monthly maintenance fees
- 2 bedrooms
- 3 bathrooms
- 3 parking spaces
![](http://www.facebook.com/sharer.php?u=https://torontolife.com/real-estate/condo-of-the-week-7-5-million-for-a-two-bedroom-yorkville-penthouse/&title=Condo of the Week: $7.5 million for a two-bedroom Yorkville penthouse&picture=https://torontolife.com/wp-content/uploads/2019/11/TPM_4613-1.jpg&description=Address: 80 Yorkville Avenue, Unit 1602
Neighbourhood: Yorkville
Agent: Michael McLachlan and Maxwell Taylor, Re/Max Ultimate Realty Inc.
Price: $7,500,000
The Place
This luxurious 3,765-square-foot condo offers panoramic views of the city. It's got two bedrooms, three bathrooms and four walk-out balconies, along with floor-to-ceiling windows and marble flooring.
The history
The original owner purchased the unit as raw space for $2.6 million during the land acquisition. Pre-construction, the developer planned for the apartment to have three bedrooms, but the owner turned it into a two-bedroom and broadened the kitchen and dining area. In 2012, it sold for $6.8 million. In preparation for the most recent sale, the place got a fresh paint job, new light fixtures and updated kitchen hardware.
A look at the dining room. There are Spanish marble floors throughout the unit:
Here's the family room. Check out the nine-foot ceilings:
The place has electronic blinds throughout, in case buyers have an urge to shut out the world:
A wider shot of the kitchen and family room:
The kitchen has fine woodwork and marble countertops:
Those glossy kitchen cabinets are finished with something called "auto paint," which protects against wear and UV damage:
In the study, a bookcase conceals a secret cabinet:
The master bedroom has floor-to-ceiling windows and more of those electronic blinds:
Here's the second bedroom, which has walk-out access to the balcony:
The master bathroom, with its free-standing soaker tub:
Here's the view to the west:
Big Selling Point
The square footage of this place is comparable to a detached home, which is rare to come across, especially downtown.
Possible Deal Breaker
This place is prohibitively expensive for most condo seekers. It could be available for a while, since the market for a $7.5-million two-bedroom is small. In 2012, before it sold to the current owner, the condo sat untouched on MLS for more than five months.
By the numbers
3,765 square feet
$4,626 in monthly maintenance fees
2 bedrooms
3 bathrooms
3 parking spaces
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