With Toronto’s real estate market being as hot as it is right now, there is no shortage of demand for luxury residences. The massive demand for condos and property is leading to all sorts of exciting new property development in the area.
Some of these features may come at a high price, but they are well worth it for those who can afford such a lavish lifestyle within the heart of Toronto’s flourishing downtown.
The public convenience of living in the coveted center of Toronto is unbeatable. Without further ado, here are 5 of the most luxurious condos Toronto has to offer and a little insight into what each property provides its residents:
1. 1 Yonge Street Prestige Condos
Although it is still in its pre-construction phase, this property is already turning heads with its ambitious design and massive proposed size. Once construction is complete, the Prestige Condos at One Yonge Street will be the tallest building in Canada with one of its towers reaching 95 stories.
The property is spread out across five buildings and sports a whopping 3885 suites – prospective renters who have had trouble finding a property in this coveted Harbourfront neighborhood should certainly be checking this opportunity out. You can do that by clicking here.
Designed by Hariri Pontarini, a Toronto-based architecture firm with extensive experience in the area, the latest renderings of this property are visually unique and eye-catching. The modern yet classically designed building not only will be very aesthetically appealing but also useful to the locals.
This property will contain three floors of pure retail and business space, and the sidewalks around the towers will be renovated to be wider as a part of this project development. A huge benefit for residents of this property is the enviable climate-controlled path that gives access to the Union Station.
Even though this property is not yet built, it is already quickly becoming a favorite for people as it is located within a prominent community hub for shopping, fine dining, and entertainment. The Prestige Condos aspire to be the ideal choice for all lifestyles and include a variety of amenities to support that goal. Some of these facilities include:
- A state-of-the-art community center
- Gourmet kitchens within the units
- Spa bathrooms
- High ceilings
- Metropolitan location
- Modern fitness center
- Resident lounges
The One Yonge Street Prestige Condos have activities for everyone, no matter if they prefer staying at home to bask in the luxuriously designed interiors of their units or if they enjoy going out to shop or to visit a nearby park.
2. Four Seasons Private Residences
The Four Seasons Private Residences condominium contains 210 units throughout its 34 stories. Although it is not the tallest building and may be missing some of the more exciting city views, what it lacks in height, it makes up for in quality.
The suites at this property range from 680 square feet to almost 10,000 square feet to suit whatever lifestyle needs prospective residents are looking for. Four Seasons attempts a classy, charming aesthetic to fit nicely with the surrounding Yorkville neighborhood.
This property is in a very pedestrian-friendly district where walking and checking out the interesting shops and buildings is highly encouraged. No lavish lifestyle is complete unless the condo is within walking distance from some of the most fashionable boutiques and chic art galleries.
However, since Four Seasons has been around for a little bit, finding a unit, there may prove troublesome. Fortunately, prospective renters have the option of looking at properties still under construction to get more information and reserve brand-new luxury units in even better locations.
Located in the Queen West neighborhood, Shangri-La is a hotel/condo combination where the first seventeen floors are for the five-star hotel suites. This tall building is 49 stories and has around 392 units, so it still does not hold a candle in size compared to the massive Prestige Condos being built on 1 Yonge Street.
Even with the Toronto real estate market boom, the past sales at Shangri-La seem to be decreasing a little bit – but that does not mean the real estate market is slowing down at all. On the contrary, more and more people are rushing to rent or purchase property within the bustling city of Toronto.
Amenities at Shangri-La include:
- A private lobby reserved for residents
- 24-hour concierge and security
- Valet parking
- Yoga and spin studio
- A state-of-the-art fitness center
- A full-service spa
4. The Hazelton Private Residences
These extremely tall condominiums can be a bit daunting, and if that is not what you’re looking for, there are undoubtedly other luxury home options in Toronto that are not quite so large.
The Hazelton Private Residences, for example, is only nine stories, so it is ideal for someone not looking for a vast condominium lifestyle. The downside is that residents don’t have quite as many community buildings or amenities as they would at a more massive building, such as the 1 Yonge Street Prestige Condos.
The Hazelton is a hotel and condominium combination – the hotel suites are on floors 2 through 4, and the residential floors are on levels 5 through 9. Here are some of the things residents enjoy about living at the Hazelton Private Residences:
- 24-hour concierge
- Valet parking
- Coveted location
5. The Regency Yorkville
Toronto, Ontario’s Yorkville neighborhood is home to numerous high-quality condominiums. The Regency Yorkville is an 18-story property built in a New York-style with 58 units. One of the first things that catch the eye at this unique location is its Art Deco styled, two-story lobby.
This dramatically styled area includes a shimmering chandelier and a mirrored staircase, and the units feature similarly designed high-end looks.
Some of these opulent suites are almost 6,000 square feet large and fitted with chic finishes all over. Other perks include custom shoe closets and ensuite bathrooms fully equipped with benches and towel warmers (even heated floors!).
As far as upscale residences go, the units at the Regency Yorkville are not too shabby.