Penthouse cool $28M
Construction on Four Seasons Hotel and Private Residences Toronto is underway, with first occupancies and the opening of the hotel slated for next summer.
The developer is Bay-Yorkville Developments Ltd., a joint venture between Menkes Developments Ltd., Lifetime Developments and Alcion Ventures. Menkes Construction Ltd. is building both the hotel and residences.
Talk about exclusive addresses. How about a 9,038-square-foot penthouse in the heart of Toronto for a cool $28 million — the most expensive condominium residence ever sold in Canada?
Just recently, an international buyer signed a purchase agreement for the west penthouse of the new Four Seasons Hotel and Private Residences Toronto.
The penthouse residence takes up the entire top floor of the 55-storey West Residence building.
As one might expect, it will have panoramic views of Toronto’s impressive skyline.
And just to make the condo look that much bigger, it features 12-foot ceilings, a floor-to-ceiling glass galleria and four expansive corner terraces. Are you ready for this! Included in the $28-million price tag is a staff residence, located in the adjacent, 26-storey East Residence building. The staff residence provides the owners with the convenience of separate, private quarters for household staff located on-site.
“As one of the largest developments of its kind in North America, our exciting new hotel and private residence in Toronto represents a wonderful aff irmation of the strength of the Four Seasons brand in Canada and around the world,” said Isadore Sharp, founder and chairman of Four Seasons Hotels and Resorts. “This new home will allow us to offer the exquisite service, style and comforts that have become our hallmark, while remaining the world leader in luxury hospitality.”
Located at the northeast corner of Bay Street and Yorkville Avenue, Four Seasons Hotel and Private Residences Toronto is a mixed-use development featuring a hotel and 210 private residences in two sleek 55-and 26-storey towers.
The project is 85 per cent sold, with a varied selection of suites in each tower available for purchase.
“The discerning international buyer of the penthouse suite was attracted to all that this landmark project has to offer,” said Alan Menkes, president of the highrise residential division of Menkes Developments, the managing partner of the project.
“Four Seasons Hotel and Private Residences Toronto boasts the city’s f inest location, with stunning architecture, impeccably designed living spaces and globally renowned service standards,” hw says.
Designed by architects Alliance, the 55-storey West Residence tower consists of a 253-room Four Seasons Hotel on the f irst 20 floors, and 100 private residences above.
The 26-storey East Residence tower has 110 private residences and is connected to its sister building by an elevated pedestrian bridge.
Both towers share a courtyard designed by internationally-renowned Claude Cormier Landscape Architects.
The design and f inishes of the private residences were created by Brian Gluckstein Design Planning.
Featuring generous room configurations and timeless appointments, Private Residences range from 1,000 to 9,000 suare feet and start at $1.9 million.
Yabu Pushelberg has designed the hotel and private residence lobbies, the spa, ballroom/conference facilities and hotel rooms.
Residence owners will have access to the services and amenities of the Four Seasons Hotel, including a 28,000 square-foot spa, health club, pool, 24-hour concierge, in-residence dining and housekeeping.
The spa will feature a sky-lit lap pool, whirlpool, private treatment rooms and a state-of-the-art f itness club.
Four Seasons Private Residences Toronto is not owned, developed or sold by Four Seasons Hotels Ltd. or its affiliates.
Bay-Yorkville Developments Ltd. is using the Four Seasons trademarks and trade names under a license from Four Seasons Hotels Ltd.
For more information about Four Seasons Private Residences Toronto, visit the website at