Toronto condo sells for record $28-million

It’s the most expensive condominium in Canadian history.

Four Seasons Hotel and Private Residences Toronto says it has sold the west penthouse in its 55-storey luxury tower to an international buyer for $28-million. The asking price when the sale of the unit was announced in September 2008 was $30-million.

The 9,038 square foot unit comes with panoramic views of Toronto’s skyline, features, 12 foot ceilings, floor-to-ceiling glass galleria and four corner terraces. The buyer also gets a separate private quarters for staff in the adjacent, 26-storey east residence building.

The penthouse includes a 2,500 square square foot master suite featuring a large bedroom with a sitting room and fireplace, a private terrace, two walk-in closets and an ensuite bathroom, with his-and-hers vanities, showers and water closet enclosures, built-in TVs behind the vanity mirrors, and a freestanding tub opposite a stone fireplace. The two guest bedrooms each come with an ensuite bathroom.

Source: Financial Post