Condo of the month: $2.2-million for a Corktown penthouse with a giant rooftop terrace

Sunday May 27th, 2018

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CONDO OF THE MONTH: $2.2-MILLION FOR A CORKTOWN PENTHOUSE WITH A GIANT ROOFTOP

Josh Sherman, Toronto LifeImage courtesty of: blogTO

 

Address: 32 Trolley Crescent, Penthouse 8
Neighbourhood: Corktown
Price: $2,195,000
Previously sold for: $1,079,735 (pre-construction)

The Place

A custom two-bedroom penthouse atop River City II, an Urban Capital condo tower in Corktown, near the Don River.

The History

The owner put a pre-construction deposit on the unit in 2012. He worked with the developer the draft a new floor plan, which removed one of three bedrooms to create an open living and dining area. After he moved in, he added a home automation system and a bar on the terrace.

Here's the entry:

 

Image courtesty of: Robert Holowka/Birdhouse Media

The dining area:

Image courtesty of: Robert Holowka/Birdhouse Media

And the living area:

Image courtesty of: Robert Holowka/Birdhouse Media

The kitchen has a breakfast bar:

Image courtesty of: Robert Holowka/Birdhouse Media

The owner turned a room into a soundproofed media cavern:

Image courtesty of: Robert Holowka/Birdhouse Media

Here's the guest bedroom:

Image courtesty of: Robert Holowka/Birdhouse Media

The master bedroom:

Image courtesty of: Robert Holowka/Birdhouse Media

The master ensuite:

Image courtesty of: Robert Holowka/Birdhouse Media

And the balcony:

Image courtesty of: Robert Holowka/Birdhouse Media

There's a small den on the upper level:

Image courtesty of: Robert Holowka/Birdhouse Media

 

Big selling point:

With much of the surrounding area already developed, the views from the 900 SF rooftop are unlikely to be blocked out by new towers nearby:

Possible deal breaker:

The condo is in an up and coming area, with new amenities like Underpass Park nearby. But the neighbourhood lacks the coolness factor of some of downtown's more established condo zones.

By the numbers:

  • 1,900 SF interior
  • $1,071.33 in monthly maintenance fees
  • 900 SF exterior
  • 2 bedrooms
  • 2 bathrooms
  • 1 den
  • 1 media room
  • 1 locker

For more information about this property, please contact: 

MATT SMITH, MBA
Real Estate Broker
matt@thesmithestate.com
647-929-7674


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