Looking at the luxury condo market in Toronto, it becomes clear that developers leave little for the heart to desire with their creative but glamorous housing ideas and attention to detail. Rooftop swimming pools/whirlpools, first-class gyms and other amenities may still be part of the luxury lifestyle, but the most exquisite condos feature even more, with wine cellars, outdoor kitchens, guest suites and full service and maintenance packages. Whether buyers opt for a penthouse in a high-rise building, a one of a kind boutique condo or a private hotel residence, they can rest assured that they will be met with the highest standards of comfort. Here are some of the most breath-taking features found in Downtown Toronto condos in the 7 and 8-digit price range.
General Characteristics
The perfect blend of functionality and tasteful aesthetics is what most buyers are looking for, but the opulent comfort and designs seen in luxury condos go beyond any ordinary living experience. Found in great locations and characterized by high-end finishes, a functional layout, optimum space utilization and the most sophisticated smart technology housing solutions, luxury condos represent a category of their own. Offering a certain lifestyle, they usually come with outstanding features like on-demand controlled a/c and heating systems, smart appliances, motorized blinds, extravagant chandeliers, high-tech security and surveillance cameras, etc. Buyers are also thrilled with features like gas fireplaces, tasteful wall moldings, direct elevator access, Spa inspired Baths, Chefs Dream Kitchen’s, multiple parking spaces and numerous first class condo services and amenities.
Custom Luxury Kitchen Designs And Spa-Like Bathrooms
Stainless steel and energy efficient kitchen appliances (often including two ovens, 5-door refrigerators, Wine Fridges, Multiple Dishwashers, Built-in Coffee Makers). Stunning marble counters and backsplashes and grandiose kitchen islands are often the highlights of a luxurious kitchen found in prestigious Toronto condos. Intricate Hardwood or Marble tile flooring and custom-made cabinetry are also typically the norm.
Just like the kitchen, a luxurious bathroom will offer endless space, often times, including a stand-alone tub and a large bathroom window with an astonishing view of the city. Heated floors, showers for two, glamorous lighting fixtures and extravagant bathroom vanities are also often part of the luxury package.
Luxury Condos As Investments
The most expensive Downtown Toronto condos are known across the city for their unique and one of a kind features, but when it comes to buying luxury condos as investment properties, one has to consider which type pays off the most and what the most desirable selling features are. Luxury boutique and high-rise condo buildings in superb locations rank high as rentals, while private hotel suites come with higher fees and are not always the best investment choice. Luxury Condos are a far better fit for buyers who intend to live there themselves. When buying a luxury Condo in Toronto, it is your home so you should love it and make sure that you check off all the boxes on your wish list as there are truly condos that have it all!
To get more detailed information about making the move to a luxury Condo in Toronto and properties and features available, contact me any time. I am Toronto’s leading Luxury Condo Broker!