#Ph01-180 University Avenue
Toronto has taken over from Vancouver as Canada’s number one property hotspot. It’s recorded 40 per cent price growth over the past three years, according to Fitch Ratings. Atop the Shangri-La Hotel and condominiums, a new penthouse has come onto the market that epitomises the property boom.
The two-storey, three-bedroom home features a 1,565sqft terrace and lots of glass. In addition to floor-to-ceiling windows and a glass-encased wine room, the open-plan 3,400sqft home has a glass-and-steel staircase as its centrepiece, ensuring plenty of light filters through the rooms. Other striking design features include a double-sided fireplace in the living room. The building’s facilities include a doorman, gym, spa and underground car park.
Wow factor: The penthouse is designed for entertaining. In addition to the open-plan living areas, which allow people to move freely between spaces, there is a built-in Sonos sound system, and the outside terrace is equipped with a Jacuzzi, barbecue kitchen and big views of the surrounding city. CAN$9.3 million