Location: 224 King St. W., Unit 4701,
King St. W. and University Ave.
Asking price: $5,980,000
Size: about 3,270 sq. ft.
Parking: four owned underground spaces; one owned locker
Maintenance fees: $1,975.46 per month
Taxes: $14,793 (2018)
With unobstructed views of Lake Ontario and a 2,100-square-foot, wraparound private terrace with eight walkouts, this four-bedroom penthouse takes the entire 47th floor of a highrise.
“I’ve loved being able to entertain groups of 40-plus friends in my suite without ever feeling cramped,” says homeowner Shaqil Hasmani. “When my wife and I hosted get-togethers, guests would come in and out from the different walkouts with ease. Having four bedrooms allowed us to have overnight guests without disrupting the living area.
“The views are also spectacular. My family and I would watch the sunsets from the south end of the terrace, also enjoying the view of the lake and the CN Tower,” he says.
“It was tough to say goodbye to the unit due to a relocation of work, but the penthouse was leased out to international royalty, a Hollywood star and a professional athlete while we were gone, so we knew it was being taken care of,” adds Hasmani.
The building is a short walk to the Royal Alexandra and Princess Diana theatres, Roy Thomson Hall, TIFF, restaurants, nightclubs, bars and specialty shops. It is near a streetcar route, close to the Financial District and has easy access to the Gardiner Expressway.
“This is, hands-down, one of the most spectacular penthouses in Toronto — there are few with as much indoor-outdoor living and entertainment space as this property. The owner also has four privately owned parking spaces and private elevator access to the suite,” says listing agent Freddy Mak.
Additional highlights include 11-foot ceilings throughout, a Diesel-designed Scavolini kitchen, luxury light fixtures by designer Kelly Wearstler and a floor-to-ceiling wine cellar.
The front door opens to a long foyer with an inlaid marble tile floor, pot lights, wainscotting, a double closet and three separate elevators. The unit has engineered hardwood floors throughout.
A double-sided gas fireplace with floor-to-ceiling granite surround is the focal point of the living room with floor-to-ceiling windows, pot lights and two walkouts.
The open-concept dining room contains floor-to-ceiling windows and built-in counter with cabinetry. It is open to the kitchen, which features an island/breakfast bar, marble counters, pendant and pot lights, a marble slab backsplash, floor-to-ceiling windows, built-in stainless steel appliances and a large pantry.
The other side of the double fireplace opens into the sunroom outfitted with decorative columns, a walkout and a floor-to-ceiling, custom-built glass wine-rack.
There is a secondary bedroom next to the sunroom with a walkout, double closet and a three-piece ensuite.
Down a long hall off the kitchen with floor-to-ceiling built-in enclosed cabinetry are two bedrooms, an office and a powder room.
Highlights of the master bedroom include a wall of floor-to-ceiling windows, a walkout, a huge walk-in closet/dressing room with custom built-in organizers and a makeup desk. As well, there is a five-piece ensuite with a stand-alone soaker tub, twin vanity sinks and a glass-enclosed shower stall.
The unit also has a laundry room.
The massive, wraparound terrace has a built-in sound system, an outdoor gas firepit, many lounging and dining areas and a barbecue station.
The penthouse is also for lease for $28,500 per month.
To have a look at this property, contact listing agent Freddy Mak, Homelife/Bayview Realty Inc., Brokerage, 905-889-2200 or 647-801-8024; www.tracepropertygroup.com.
Home of the Week is written by freelance contributor Allison Harness, a Toronto-based real estate writer. Although we try to provide the most up-to-date information available, we cannot guarantee features as listed. Please contact the realtor. To make a submission to Home of the Week, email firstname.lastname@example.org.