What It Went For

Smaller penthouse unit appealed to singles and couples

Mt. Pleasant West

1 Belsize Dr. PH7

(Yonge Street and Davisville Avenue)

Asking price: $1.35 million

Sold for: $1.35 million

Taxes: N/A

Monthly fee: $818

Square footage: 1,070

Bedrooms: 2+1

Bathrooms: 3 Garage: 2

Parking: 0

Days on the market: 37

Apenthouse with 1,070 square feet, priced at $1.35 million and with two open balconies? Unheard of, says listing agent Christian Vermast. “The top floor of a building is usually the preserve of much larger units. (This one) appealed to singles and couples because of the smaller size … and pure luxury.”

“Even though the penthouse is brand new, Sheila Britton Design upgraded the suite,” says co-listing agent Paul Maranger. “It is their sensational Toronto pied-àterre.”

Penthouse 7 is in a recently completed building with nine storeys and 185 units. It has a powder room and a double closet off the foyer. Floor-to-ceiling windows grace the living/dining room and the kitchen has top-ofthe-line appliances. “The wine fridge automatically opens with a touch,” Maranger says. “There is also a gas cooktop. You normally only see electric in condos.” Euro-style cabinets and quartz countertops are other kitchen features.

Two west-facing balconies allow for “lovely afternoon and evening sunlight,” he says.

The penthouse has two bedrooms (one with a fourpiece ensuite bathroom), as well as a den. Vermast says, “Everyone is looking for a separate home office these days.”

As well, this unit is wide, rather than long and narrow, and has massive windows with electronically controlled blinds.

“The buyers loved the furnishings so much, they bought the whole package. We heard this from a number of buyers who came through: ‘Would they sell the furniture?’ Sheila Britton Design chose all of the furniture for the suite and it was perfectly scaled for a smaller space... and has a bit of drama and a lot of flare,” Maranger says.

There is a separate parking area for penthouse owners.

Christian says there were 15 showings in total. “When it was lowered from $1.425 million, it generated a lot of interest.”