Condo of the Week: a $3.49 mil penthouse with a wraparound terrace in the Junction Triangle
by Chelsea Dolan | Posted: August 29th, 2019
Modern luxury is given new meaning with this west-end penthouse in the Junction. Taking up the entire fourth floor at 245 Perth Ave., this $3.495 million property boasts three bedrooms and three bathrooms. Plus, it combines indoor-outdoor living with its 360-degree wraparound terrace.
The exposed ten-foot ceilings, floor-to-ceiling walk-outs and open concept layout allow for a super airy main living area.
The industrial ceiling contrasts with the warm wood and gold tones of the accompanying decor. The end result is a sleek and sophisticated space.
The kitchen cabinets and appliances blend seamlessly with a white oak finish.
The master bedroom has yet another walk-out to the terrace. It also comes with a walk-in closet and floor-to-ceiling windows.
Just one glass wall separates the less-than-private bathroom, complete with soaker bathtub and double sinks.
Here is the view from the master bedroom:
There’s a lot to like about the private wraparound terrace. It’s accessible from nearly every room and offers panoramic views of the city.
It spans nearly 1,600 square feet and includes an outdoor kitchen. There’s even a custom putting green.
The wine room on the lower level features a standout wine wall.
The condo is currently listed with Dylan Donovan and Kristen Duern of Chestnut Park Real Estate Limited, Brokerage.
This $3.5M Penthouse In The Junction Is The Epitome Of Modern Luxury
Written by Joy D’Souza for Toronto Storeys | June 3rd, 2019
If you’ve got $3,500,000 laying around, boy do we have the perfect place for you. This stunning penthouse in the Junction gives you 360-degree views of the city. And it’s interiors are pretty stunning too.
This one-of-a-kind property comes with three bedrooms and three and a half bathrooms, all boasting a super sleek (and chic) design. Seriously, this place looks like a high-end hotel. Take a look for yourself.
Address: 245 Perth Ave. Penthouse
Brokerage: Chestnut Park Realty
Agents: Dylan Donovan and Kristen Duern
At first glance, you might think you’re looking at a magazine or rendering, but the truth is this full-floor penthouse is just that stunning. Living in this 1,845 sq. ft. space means waking up to these incredible city views every day.
Focusing on the main living space, we can’t help but admire the sleek, custom design, which amplifies the home’s open concept.
Forget photographing your food, your Insta feed would be even more drool-worthy if it included eye candy like these indoor and outdoor dining spaces.
The kitchen is just as gorgeous thanks to its top of the line integrated appliances (check out that Wolf range and Caesar Stone crushed granite countertop and backsplash).
Winos will love this! The home also comes with a wine cellar fitted with a wine fridge and wine wall. Cheers to that!
Continuing on through the home, there are three large bedrooms. This guest room includes a walk-out to the west terrace and a semi-private ensuite.
The master also has access to the terrace, plus a chic ensuite complete with a soaker tub.
Speaking of the terrace, this one will blow you away. On one side you can relax by the fire pit.
And on the other, you can lounge in the sun (or play a round of mini-putt).
Sigh, whoever snatches this place up better invite us over this summer!
This 3.25M King St. Condo Has The Most Stunning City Views
Written by Joy D’Souza for Toronto Storeys | April 22nd, 2019
If condo living makes you feel claustrophobic, this is the perfect place for you.
This stunning Theatre Park condo on King St. W. is nothing like the 500 sq. ft. units you’re used to seeing on MLS. At a whopping 2,480 sq. ft., this spectacular south-facing unit is the perfect place for those that like to entertain. The gorgeous unit comes with two bedrooms, underground parking and a nearly 400 sq. ft. balcony, but what really makes this place stand out is its breathtaking unobstructed views of the city.
Just see for yourself…
Address: 224 King St – Suite 4302
Brokerage: Chestnut Park Real Estate Ltd.
Agents: Dylan Donovan and Kristen Duern
We don’t typically start in the office, but with a view like this, we can’t resist, just like you won’t be able to resist working from home.
Heading into the main living area, this condo has room for two full living spaces and a six-seater dining table, making it the perfect spot for living and entertaining.
At first glance, the kitchen is understated, but if you look closely, you’ll quickly notice how high-end it really is. After all, your average condo doesn’t come with Wolf and SubZero appliances!
It’s not often that you come across a condo with enough space for a living room, dining room and family room, but at 2,480 sq. ft. this unit can surely accommodate you and all your friends.
Personally, we’d opt for frosted windows in this washroom. What about you?
Is there anything more urban than concrete walls and floor-to-ceiling windows?
Even the closet offers a stunning view of the city!
Of course, there’s no point in having a stunning view if you don’t have a big balcony to enjoy it from. This 397 sq. ft. balcony makes it all worthwhile. Just imagine having a coffee or a cocktail out here every day.
Looking for a fabulous abode that has gorgeous upgrades and designed with high standards in mind? This 1,400+ square foot resident at the Residences of The Ritz-Carlton Toronto is the one! With over $70,000 of upgrades throughout, it is situated on the north-west corner of the 32nd floor and offers an abundance of natural light and incredible unobstructed views of the city skyline and Lake Ontario.
#3201-183 Wellington Street West was originally a two-bedroom suite from the pre-construction floor plan, but the owner opened up the second bedroom to maximize the kitchen, living and dining space to create a totally unique and ideal layout for entertaining. The master bedroom has fantastic west views over the Skydome, Lake Ontario and CN Tower. There are also generous walk-in closets and a marble-walled ensuite with heated flooring.
The kitchen is the feature of the suite, it is fully custom-designed for the suite and significantly large than you would normally see in a condo of this size. It has all top of the line WOLF and SubZero appliances and the views from the kitchen are fantastic.
The owner has done a significant amount of custom work, including a surround sound system in the suite, all high-end flooring with herringbone hardwood and marble in the bathrooms. This suite would suit a wide range of buyers including young executives who want to be right downtown or people downsizing who don’t want to sacrifice on the large proportioned living spaces that they may be used to in a house and want the convenience of living in a five-star hotel. The best part is living in the Residences of The Ritz-Carlton. The building has some of the highest standards for service in the building. Enjoy around the clock concierge and security, in-room dining, valet parking, private sky lobby on the 32nd floor with media room, billiards room, outdoor terrace with barbecues and outdoor dining.
For those who appreciate being at the centre of it all, the Ritz-Carlton is one of the hottest places during TIFF, lots of celebrities stay in the hotel and enjoy the lobby and restaurants the hotel offers.
The Residences of Shangri-La Toronto is one of Toronto’s most desired addresses to call home. 180 University Avenue #3101 is a rare opportunity to own one of the most coveted south-west corner suites above the five-star hotel. Located on the 31st floor and offering 1,537 square feet of stylish living space, it’s truly the perfect place to call home for the Torontonian who loves the vibrancy and convenience of downtown living.
This south-west corner suite takes advantage of the prime corner location to offer stunning views of Lake Ontario and the downtown skyline. This romantic view is complemented by its sexy interior with top of the line finishes and fixtures throughout including a gorgeous Boffi-designed kitchen with granite counters, Miele and Sub-Zero appliances and engineered Oak hardwood flooring throughout.
High-quality sunshades in the living areas and blackout blinds in both bedrooms create perfecting conditions for sleeping and enjoying the living area in complete comfort. The spacious south-facing master bedroom is complete with a large walk-in closet with custom California Closets built-ins and marble-walled five-piece ensuite washroom which offers a personal spa-like experience. The second bedroom also offers stunning south views along with a three-piece ensuite washroom and double closets.
The Shangri-La offers extensive amenities and are some of the best in the city. The new buyers will enjoy a twenty-four-hour fitness centre, indoor pool. Hot tub and men’s and women’s change rooms. Residents also have access to the excellent five-star hotel services which include twenty-four-hour concierge, security and à la carte hotel services including in-room dining, maid service, valet parking and chauffeur service.
Calling the Residences of Shangri-La Toronto home is already desirable for many, but when their most sought-after layout in the ‘Private Estates’ above Shangri-La Hotel become available, it’s a rare offering indeed. With over 2,270 square feet of living space with bright and generously sized principal rooms. It is a two-bedroom, two and a half bathroom suite that includes a two-car private garage and storage area in the garage.
Facing west, this suite presents an unobstructed view with an impressive mix of city and water stretching from the CN tower, over Lake Ontario and the Humber Bay all the way to the Niagara Escarpment on the horizon. The west exposure and a very large 250+ square foot balcony provide the ultimate spot to enjoy the sunsets.
The kitchen designed by Boffi features top-of-the-line Miele and Subzero appliances including a 78-bottle wine fridge. A spacious pantry extends an accessible and ample area to store all of your household and kitchen items.
This split bedroom plan offers the utmost of privacy by placing the master and second bedroom on opposing sides of the home. The master suite takes advantage of the stunning west views and is complete with an enormous walk-in closet. A five-piece master ensuite has an extra-large soaker tub and fully automated walk-in shower. The second bedroom also provides fabulous views and is complete with ample closet space and a private four-piece ensuite washroom.
The finishes throughout the suite have been luxurious and thoughtfully selected to produce the highest standard of living and include, herringbone pattern hardwood flooring, Kohler and Dornbracht fixtures, automated sunshades in the living room and opaque shades in the bedrooms. The suite comes with a fully enclosed private garage with two parking spaces and storage area
LISTING AGENTS: Dylan Donovan and Kristen Duern, sales representatives, Chestnut Park Real Estate Ltd. brokerage
Sitting atop of the TIFF Bell Lightbox, Festival Tower has always been wrapped in celebrity allure. Everyone who lives in the building seems to have a story of a “sighting.”
For Silvana Simioni, who owns Penthouse 04, she recalls that one time her sister saw Keith Urban in the lobby. And Ms. Simioni’s real estate agent, Kristen Duern, says she has heard that Jake Gyllenhaal has rented a unit in the glass tower.
It’s no wonder that the tower becomes one of the stakeout points for fans during the Toronto International Film Festival.
“There is this feeling in the air around here when TIFF happens,” said Ms. Duern. “It’s so much excitement and so lively.”
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The back story
In 2014, Ms. Simioni was on the hunt for a new condo for her and her two kids with a million-dollar-plus budget.
At one point, her agent brought her to a two-bedroom unit in Festival Tower. She was impressed, but then her agent suggested they also take a peek at one of the penthouse suites that was also vacant.
“And I thought: ‘This is pretty spectacular,'” said Ms. Simioni. “I had never seen anything like it.”
Even though she ended up looking at other luxury penthouses, she ultimately returned to 80 John St.
“What really did it for me was that I loved the building.”
Festival Tower, which was developed by Daniels Corp. with the backing of Canadian filmmaker Ivan Reitman, features 378 units – eight of which are penthouses. It has all of the regular amenities owners have come to expect, such as an indoor pool, gym and 24-hour concierge service.
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In addition to that, it comes with some other amenities that are tailor-made for film lovers, including a 55-seat private cinema that owners can rent out, as well as a three-year membership to the TIFF Bell Lightbox and entry to three movies during the festival and inclusion to some VIP events.
All of these perks certainly appealed to Ms. Simioni but what sealed the deal for her was something that wasn’t advertised on the condo’s website.
“There is something about the feel and the friendliness of the people who live here,” she said. “There isn’t any pretentiousness.”
So she bought it, becoming the suite’s second owner since it was completed in 2007. Originally, her intent was to live there with her kids but then things changed and she never actually moved into the unit, instead letting her sister live there before renting it out.
The unit is situated on the 45th floor and consists of three bedrooms, three full bathrooms and one powder room. It also has a closed-off kitchen with Miele appliances and a breakfast nook that currently houses a table that seats six people.
“This kitchen is great for parties cause you can close the door and the living-dining room space is big enough that you don’t feel like you need the kitchen space,” Ms. Simioni said. “That way you can make a mess in there.”
The penthouse also has two balconies – one to the east and one along the southern edge – each with two access doors.
And the master suite includes two full bathrooms (one with a bidet and a jacuzzi tub, the other with a shower) and two walk-in closets, as well as access to the southern balcony.
“You feel like you’re in a world of your own,” said Ms. Simioni on the bedroom’s balcony. “Even though, you’re in middle of it all – steps away from everything – up here, it can be so quiet.”
Over the term of her ownership, Ms. Simioni has made some improvements on the unit, mainly on the closet spaces, where she has added custom mill-work to give the storage spaces some organization.
She has also added in a number of media cabinets, including two with built-in fireplaces, as well as a massive one that hide a Murphy bed in the unit’s smallest bedroom. Other additions include motorized shades throughout and some new light fixtures.
“Since my original intent was to live here, I put in the money in to make it look nice and homey,” Ms. Simioni said.
Even though her family didn’t live there, Ms. Simioni and her agent, Ms. Duern, think this penthouse offers an opportunity for another family.
“I think this unit appeals not just to people already living in the city but also to people moving in from the suburbs,” Ms. Duern said. “Not just because you have some outdoor space with the balconies, but also because you get over 2,500 square feet and three bedrooms.”
Both Ms. Simioni and Ms. Duern say their favourite space is living-dining room area, which is bigger than some condos at 686 sq. ft.
“It’s even bigger than most downtown homeowner’s living-dining room spaces,” Ms. Duern added.
That room also features huge windows along the eastern and southern walls, providing views of the financial district, CN Tower, Rogers Centre and Lake Ontario.
“I find that as soon as you walk in here, the view just captivates you,” said Ms. Duern. “And while you’re in the heart of everything, once you come up here with the view of the lake, it’s calming.”
Even after three years of owning the space, Ms. Simioni says the views still impress her.
“At night time, this view is pretty spectacular with all of the lights,” she said. “And I love the fact that you can see Toronto from every room.”
Written By: Madeleine White for The Globe and Mail
$2.5 million for a penthouse above the TIFF Bell Lightbox
Written By Josh Dehaas for Toronto Life |
Address:80 John Street, Penthouse 4 | Festival Tower Neighbourhood: King West Agents:Dylan Donovan and Kristen Duern, Chestnut Park Real Estate Ltd, Brokerage
Price: $2,498,000 Previously sold for: $1,975,000, in 2014
A three-bedroom penthouse on the 45th floor of the Festival Tower, which shares a podium with the TIFF Bell Lightbox. The unit has two balconies with impressive views of the CN Tower, the Rogers Centre and Lake Ontario.
The living room has a CN Tower view:
The dining area has access to one of the balconies:
There’s a little space for an office nook:
The kitchen is loaded with Miele appliances:
Here’s the guest bedroom, with balcony access:
And the master bedroom. It has has dual “his and hers” ensuite bathrooms and two walk-in closets:
A closer look at one of the closets:
This balcony has a lake view:
A woman bought this unit a few years ago thinking her children might live here during university, but they opted to study elsewhere.
Big selling point
The building is right next to the action at TIFF, which ups the odds of celebrity sightings in September.
Possible deal breaker
The unit comes with only one parking spot, but the owner shouldn’t need to do a lot of driving: the building is walking distance to the financial district and the Yonge-University subway line.
The Toronto real estate market is on fire, both when it comes to prices, and in terms of sales. Exciting new trends in the condo segment are shaping up, and seasoned agents are more important allies than ever. We’ve reached out to Kristen Duern and Dylan Donovan, who specialize in condos and the luxury segment. They’re both sales representatives for the Chestnut Park Brokerage, and they were kind enough to give us the inside scoop on Toronto’s evolving market.
Kristen Duen offers insight on the luxury condo segment of the Toronto market.
Point2 Homes: Tell us a few words about your role as a real estate professional. What does your job entail? What do you love most about your job?
Kristen Duern: I have been involved in real estate for more years of my life than not. In my 32 years, I have worked in some capacity in real estate for more than half my life. I was introduced to the industry when I was young, as I had a family member working for a developer. That gave me the opportunity to start with small jobs. I have worked my way up to where I am today.
My focus over the last 10 years has been on the luxury condominium sphere, where I have successfully managed and sold one of the most prestigious hotel-condominium buildings in Toronto, the Shangri-La.
I am so fortunate to have had the opportunity to meet many incredible clients from all over the world. I have gained a breadth of knowledge and experience to understand each step of new development, international business dealings, and the intricate workings of the Toronto real estate market.
P2H: Have you spotted any interesting market trends recently in Toronto?
K.D.: We are in a very vibrant market, which is changing by the day. Each sale in Toronto is setting a new bar. With the lack of inventory of homes in the city, we are witnessing the condominium market rival houses. It used to be rare to see multiple offers on condominiums, now it is a common occurrence.
In the luxury marketplace, we are seeing larger high-end condominiums selling faster and for higher prices as well. The lack of inventory of large homes is pushing buyers to consider condominium living; however, their lifestyle requires large Two-Bedroom-plus-Den or Three-Bedroom suites.
There are not many buildings in Toronto which cater to these buyers, as most consist of small units, with inadequate room sizes. Buildings such as the Shangri-La, the Ritz Carlton, and the Four Seasons are some of the only choices which provide spacious suites, assisting in an easier transition from a home.
As part of the Chestnut Park team, Dylan Donovan has a front-row perspective on Toronto market trends.
P2H: Did you notice a preference for buying in the suburbs, and if so, what are the reasons for that?
Dylan Donovan: A fair amount of the clients we work with are migrating from the suburbs to the downtown core. After many years living in the suburbs, they are switching their priorities to be more lifestyle orientated.
Living downtown allows more opportunity to enjoy a wider variety of entertainment and cultural offerings. Being closer to the ballet, opera, theatres, sporting venues and restaurants has become a big component of why we have people moving downtown.
P2H: Are your clients interested in buying homes that need restoration, or do they prefer buying renovated homes?
K.D.: Typically, clients purchasing at the top end of the market are looking to find something turn-key and move-in ready. They would rather spend more on a property in which they can visualize moving right in, instead of having to worry about the added time and worry of designing and renovating. Many of our clients walk into a property and want to purchase it as is, including all the furniture, art and accessories.
P2H: Did you notice a rising interest in any property type in particular?
D.D.: One of the biggest demands we have now is for larger condos that offer a comparable amount of space to living in a house, but without all the maintenance and hassle that comes with a single-family home.
Our clients who are downsizing to a condo are focused on prioritizing an increased lifestyle standard, but are used to a certain amount of space, which can be tough to find in many buildings throughout the city.
P2H: Renting or buying? How can your clients decide what’s the better option for them?
D.D.: Both renting and buying can be great options. Often we find that clients unsure of the amount of space they might need start out with renting. This way, they determine the amount of space they need before making the decision to buy.
For clients coming from a house, it can be daunting moving into a smaller condo, but more often than not we find they overestimate the amount of square footage they need. Living in a downtown condo is more focused on lifestyle, as opposed to individual space, and people spend more time outside of the property than they might in a suburban house.
AGENTS:Dylan Donovan, Chestnut Park Real Estate Limited, Brokerage
THE PLACE: A two-bedroom corner suite on the 23rd floor of the Shangri-La, the luxury hotel and condo tower that opened at University and Adelaide in September.
BRAGGING RIGHTS: The tower’s residents have access to the hotel’s amenities, including the pool, hot tub, sauna, conference areas and screening room. Most importantly, you can also order room service, effectively eliminating the argument over whose turn it is to cook.
BIG SELLING POINT: The city’s case of Momofuko fever has translated into long queues at David Chang’s restaurant complex. Living upstairs means you can put your name on the list at Noodle Bar, then chill out at home while you wait for your table.
POSSIBLE DEAL BREAKER: Scrooges will have to put up with the Santa Clause parade every Christmas as the master bedroom looks out on the procession’s route down University.
BY THE NUMBERS:
• 1,746 square feet
• 23 floors up
• 9-foot ceilings
• 3 bathrooms
• 2 bedrooms
• 1 terrace
• 1 den
• 1 laundry room
• 1 parking space