Tag Archives: cn tower
Jennifer Wilson – Toronto Star
Even in Toronto’s booming real estate market, $7.5 million is enough to take your breath away. Or maybe that’s just the private rooftop infinity pool with a view of the CN Tower working its magic.
Banish thoughts of picket fences and manicured lawns – this pricey property is a sky-high penthouse.
In addition to the pool, this entertainment district unit, which belongs to Thompson Hotel developer Peter Freed of Freed Developments (freeddevelopments.com) boasts a second private terrace, two private elevators and a luxury price tag of $7.5 million.
“I wanted to dream up the ultimate penthouse,” says Freed of the inspiration behind the three-bedroom, three-bathroom home. “We put so much passion into designing it.”
The sprawling 6,200 square feet of gleaming white marble and European oak sits on the 10th floor of 500 Wellington St., one of a mere 17 units in the building.
“High-end buyers were asking for a more exclusive building, where it was fully made up of large units and more private,” the developer explains. As a result, most of the units occupy either half or a full floor.
Freed’s unit occupies the entire top floor, with floor-to-ceiling windows that showcase the city from every direction, including views of the lake, the CN Tower and many a construction crane.
Freed says a “grand, open space for entertaining” was a must, and Toronto-based design firm Burdifilek (burdifilek.com), which was also responsible for the Thompson Hotel sales centre, delivered nearly 4,000 square feet, indoors and out, where guests can mingle.
Indoors, the airy living space features a restaurant-style kitchen with grey glass Scavolini cabinet doors, a Viking cooktop in the kitchen island, a breakfast bar, and a long book-matched marble countertop. Not to mention a large pantry for stowing a wide selection of hors d’ouevres and a wine fridge for 147 of your favourite bottles.
The outdoor entertainment space includes the infinity pool, a hot tub, a lounge area, and a barbecue and dining area with a surprisingly secluded feel.
“It’s a really exciting property,” says Freed, who has also purchased the top floor of other buildings he’s developed. But he never moved into this space, he explains, because they “bought many years ago when we didn’t have kids.”
Still, he spent five years planning the space, and a perk of being the developer, in addition to purchasing the penthouse suite, is the ability to bring in unusual finishes. Due to venting and permit issues, wood-burning fireplaces are a rarity in condo buildings – Freed did install one in a previous condo – and, in this penthouse, it’s sleekly nestled into smooth Staturio marble.
When not up for entertaining, the unit does allow some privacy via the second private elevator, which delivers the resident straight into the bedroom wing. The bedrooms each feature a spacious closet, with the master suite boasting a ready-to-be-customized walk-through (yes, it has two doors) larger than many second bedrooms in this city.
The master suite also delivers a private terrace and a large, marble-clad bathroom with water closet, rain showerhead, double-sink vanity and a free-standing soaker tub that looks out onto a private Zen garden, enclosed with ipe wood for added privacy.
The building itself offers few amenities, outside of the standard security, which was a conscious decision by the owners to keep maintenance fees down, Freed says. Even with the barebone offerings, owners of the penthouse will still be looking at upwards of $2,000 a month in maintenance fees. Exclusivity has its price.
Contact the Jeffrey Team for more information – 416-388-1960
Laurin & Natalie Jeffrey are Toronto Realtors with Century 21 Regal Realty.
They did not write these articles, they just reproduce them here for people
who are interested in Toronto real estate. They do not work for any builders.
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Excerpt from an article by Shelly Sanders Greer – Toronto Star
Infinity 2 is a 16-storey condominium with an eye-catching exterior made of tinted glass enhanced with concrete. Located close to the heart of the city, the contrasting views make this project exceptional.
“We are sold out of the two-bedroom and den models that face west, looking across Lower Simcoe St. to the park. But there are still some good choices with other plans facing west,” he says. “The two-bedroom and den models on the northwest corner by the CN Tower are especially popular as well.
Infinity 2 will have 244 suites, ranging from 526 to 912 square feet. Mersereau says the floor plans are very practical and livable, with a good use of space.
All of the Infinity 2 units have balconies, marble entrance foyers, ceramic tile in the kitchen, six appliances, soaker tubs in the master suites, ensuite thermostats for heating and air, a phone system connected to the lobby, solid-core stained entry doors, and open concept layouts.
Prices start at $179,900 and go to $370,000. Maintenance fees are 45 cents a square foot per month.Sales have been steady and that construction is well under way. The outer structure is finished and the first occupancies are expected in May 2007.
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by Laryssa Stolarskyj – New Dreamhomes & Condominiums Magazine
Thereâ€™s something matchless about the city core that makes it a prime location to live. Downtown Toronto, loosely defined as the area from Lake Ontario to Bloor Street and Spadina Avenue to Sherbourne Street, is an urbaniteâ€™s dream. Having access to any modern convenience, virtually on your doorstep, is a luxury that only bustling city centres can offer.
Toronto is distinctive in that its downtown isnâ€™t just a business and commercial centre, but is also home to numerous residents. Many are lured by being in close proximity to work and having a base from which they can access the rest of the city, so itâ€™s not surprising that the majority of its inhabitants are working age (25-64) with more non-family than family households.
The mixed-use planning concept incorporates a high concentration of restaurants, bars, clubs, concert and sporting venues, arts facilities, libraries, schools, and shops, all of which are accessible by foot, bike, or public transit. The juxtaposition of historic and new avant-garde buildingsâ€”the Ontario College of Art & Design (OCAD) or the new Crystal addition to the Royal Ontario Museum, for exampleâ€”is compelling and debate-worthy. Toronto is also recognized as being the third-largest theatre centre in the English-speaking world, has more than 50 dance companies, six opera companies, and five professional sports teams, and, of course, still upholds its reputation as Hollywood North.
Downtown is fittingly abuzz with activities, festivals, and parades in all seasons. Many of the sights that attract out-of-town visitors are a stoneâ€™s throw away, such as the Harbourfront Centre, Chinatown (Chinese is the most spoken language after English in this area), Queen Street West, and the world-famous CN Tower. If you need a time out from all the bustle, an afternoon getaway to peaceful Toronto Islands is a swift ferry ride away.
The options for traversing downtown are plentiful. The TTC operates select 24-hour streetcar and bus routes in addition to its regular subway service. Cycling is a practical alternative, especially in the warm weather, and you can plan your route with free cycling maps, join the Bicycle User Group, and even request bike posts and rings for your neighbourhood. Or if you support pedestrian power over pedal power, the PATH system offers 27 kilometres of underground walkwayâ€”the largest underground retail venue in the worldâ€”that connects shopping, entertainment, services, and transit.
With an abundance of new condo developments that span the entire downtown core, each with their own offerings of amenities, itâ€™s easy to get swept up in the bustle of activities. Consult the list of resources below to make the most of living in the city.
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