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content”:”Correction: Nov. 30, 2022 — This text has been up to date to appropriate the peak of 1 Bloor West. It’s slated to be a minimum of 94 storeys, not 82.“,”sort”:”textual content”,”isParagraph”:true,”isHeading”:false},{“sort”:”cta”,”buttonText”:”Signal Up Now”,”buttonLink”:”/emails.html?nsrc=article-inline-realestate”,”description”:”Discover out extra about proudly owning, renting and simply getting by in Toronto and past with our weekly Actual Property electronic mail e-newsletter.”,”title”:”Get extra housing information in your inbox”},{“textual content”:”Aisling Murphy is a Toronto-based normal task reporter for the Star. 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A four-floor penthouse at Bloor and Yonge streets boasts panoramic views, a 24/7 concierge and on-demand valet service.
Obtained $32 million to spare?
A penthouse apartment at 1 Bloor St. W. has hit the Toronto actual property market. The constructing continues to be below development — based on Freddy Mak from Ferrow Actual Property, the unit gained’t be prepared for an additional yr or two — however various potential consumers have already expressed curiosity within the penthouse apartment because of options like an infinity pool, numerous non-public outside house and 4 flooring of indoor house.
The 8,000-square-foot unit is notable for 2 causes: its value, sure, but additionally its altitude. For now, 1 Bloor West is slated to be the tallest residential constructing in Toronto — a minimum of 94 storeys when the penthouse is prepared for move-in. Builders have utilized for added peak, based on Mak.
It’s a neck-and-neck race to the highest with one other in-development venture additional downtown, mentioned Mak. Developer Pinnacle Worldwide submitted a proposal final month for a 105-storey skyscraper at 1 Yonge St., the place the Toronto Star newsroom as soon as was.
“It’s all the time going to be an everlasting battle,” mentioned Mak in an interview, including that builders are sometimes in competitors to erect the tallest constructing in a given locale.
The four-floor apartment could have three-plus-one bedrooms and 6 bogs. On the intersection of Bloor and Yonge streets, it’s steps away from various eating, purchasing and cultural locations.
“Yonge and Bloor is essentially the most well-known intersection in Toronto, proper?” mentioned Mak. “It’s a landmark … the customer for that is any person who needs to personal a very distinctive piece of property in Toronto. That is for somebody who needs to personal the tallest penthouse within the nation.”
Mak posted the unit on TikTok over the weekend, and the video has since amassed over 200,000 views.
“It’s going viral. I’d count on this (unit) to generate some actual buzz.”
After all, apart from its central location, the apartment boasts various high-end facilities and perks, together with entry to the connected resort’s employees and companies.
“And it’s linked to a five-star resort,” added Mak. “One thing I really like is that every part is valet on this constructing … for those who personal a number of autos, they’ll all be valeted, your Lamborghini, your Vary Rover, no matter you need. They usually’ll simply drive it up for you.” The apartment additionally comes with entry to the resort’s 24/7 concierge, plus “good elevators” which get rid of wait occasions.
“You’re simply so near Yonge and Bloor,” mentioned Mak. “It’s only a nice location to do no matter you need in Toronto.”
Correction: Nov. 30, 2022 — This text has been up to date to appropriate the peak of 1 Bloor West. It’s slated to be a minimum of 94 storeys, not 82.
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