Most Expensive Penthouse Leased in Toronto

Inder Singh and Tony Deakon from Re/max Realty Enterprises, knock it out of the park with the leasing of yet another remarkable property. This penthouse condo apartment, which boasts of 3500 square feet of living space and 1500 square feet of terrace space, was on the market for only a short while before being snapped up at the staggering monthly lease of $30,000.

Given the restrictions due to Covid-19, Inder meticulously prepared this property, keeping in mind the strict health and safety requirements. He gave personalized walk-throughs to each prospective client and was available to address any of their questions.

To those who know the space, however, this hardly comes as a surprise, for this 65th story property, situated at the top floor of the prestigious Shangri-La Hotel in Downtown Toronto, offers arguably the best view of the Toronto Skyline of any luxury apartment in the city

When Inder says luxury, he means it. With 3 bedrooms, 3 bathrooms, a double-sided fireplace, imported marble furnishing, and hardwood flooring, the place practically sells itself. This is not to take away from the Inders’ prodigious skill, who has managed to get the property leased at the asking price of $30,000 while other, lesser-valued properties in Toronto lie vacant.

Undoubtedly, one of the most desirable features of the apartment is its stellar location. Situated at the heart of the city, residents of the apartment enjoy unparalleled access to the many amenities that Toronto has to offer, including libraries, entertainment centres, the finest restaurants, and more. All this in addition to the privileges that the residents anyway enjoy through their association with the Shangri-La Hotel itself.

Enviable as the location and access to amenities are, enough cannot be said about the simply stunning view of Lake Ontario that the apartment terrace offers, and thanks to the floor-to-ceiling windows with which the apartment is fitted, residents get to soak up as much of the sight as they want. And the wheels keep on rolling: added to all the wonders already mentioned, the penthouse is furnished with an in-suite elevator, a wine-cooling rack, state-of-the-art kitchen fittings, walk-in closets, and much, much more.

With the suite basically sounding like a slice of heaven in a location that is about as heavenly as one can get in Toronto, it is a small wonder that it doesn’t stay vacant for long, even if it means getting leased at the asking price.

A celebratory drink with the Team! (left to right: Rachael Mattews, Inder Singh, and Tony Deakon.

Inder Singh, Broker

RE/MAX Realty Enterprises Inc., Brokerage

Cell- 416-414-2093 , Office: 905-855-2200 ext. 279 Fax: 905-855-2201

 1697 Lakeshore Road West, Mississauga L5J 1J4

www.singhrealestategroup.com