Canada’s Most Expensive Condo

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You think you are paying too much for your condominium apartment. Well think again, because this blog will enlighten you to Canada’s most expensive condominium.
With an asking price of $33 million for Trump Toronto’s penthouse, it is officially the most expensive and concrete box nationwide.
The “Super Penthouse” at the Trump Toronto hotel, in the city’s Financial District, spans three floors and has panoramic views of the city from 58 storeys up. With 11,755 square feet of space, it is several times the size of the average Canadian home. However, this is not enough; there is the 2,091-square-foot wrap-around terrace.
There are high chances that the buyer of this condominium will be a foreign investor either from Asia, Russia or the Middle East. Although the price seems up soaring at the moment, it is actually very cheap if compared to the prices in Hong Kong or New York.
The empty penthouse would make a perfect party space for the upcoming Toronto International Film Festival. The hotel side is already preparing two large private apartments on a separate floor that will be used for VIP guests. At 2,400 square feet, the apartment will rent for $10,000 per night.
“Celebrities want the feel of a residence; they don’t want a traditional hotel. They want to feel like they are in a home,” says Michael Damelincourt, the general manager of the Trump International Hotel & Tower Toronto. “We are actually not competing so much with other hotels but private homes in Yorkville or Forest Hill that are being rented out.”
 “This is not for everyone. There are only a handful of a handful of people who can afford this,” he says. “It is for that person who wants a house. A mansion high in the sky.”


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