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Ritz-Carlton One Day Sale

The Ritz Carlton is having a One Day Sale to celebrate their grand opening and imminent completion of the building. On Saturday April 30, buyers are invited to purchase one of the last remaining suites at specially discounted prices. Contact me for more details.

The Residences of The Ritz-Carlton is almost complete. The hotel opened up a few weeks ago and already it is becoming a major hot spot. The multiple restaurants and bars at the hotel are receiving rave reviews and you’ll have to book a week or two in advance if you want to dine at TOCA by Tom Brodie.

On a tour of the building recently, I encountered a resident who had only just moved into his suite about 3 days before. His description of what it is like living at The Ritz Carlton I think was perfect. He said, “It’s like living in a fantasy land”. And that’s exactly what life is like when you are living in not just one of the top condos in Toronto, in one of the best locations in Toronto, but also living atop a global icon of a five-star hotel.

There are 19 suites still available, all with occupancies slated for this year. Sizes range from just under 1400 sq ft up to the sub-penthouse, half-floor Valencia model at just over 6000 sq ft. Prices start at $1.5M-$9.65M. Cash discounts for this one day only sale amount to $155K-$300K off the list prices and prices will be increased starting May 2.

For more details including floor plans and pricing, please contact me.

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FIVE

Two prominent developers are combining forces to introduce FIVE – Condos at 5 St. Joseph, Toronto’s hottest new condominium that will tap into the cool energy of Yonge Street, just south of Bloor. Rising to 45 storeys of glimmering glass punctuated by an undulating pattern of balconies, FIVE will launch the rejuvenation of this prime area. It is also the premier condominium by Five St. Joseph Developments Ltd. – a joint venture between Graywood Developments Ltd. and the newly formed MOD Developments Inc.

Graywood is the renowned developer of The Ritz‑Carlton, Toronto and has earned the reputation as a significant force in the residential condominium market. MOD is led by industry veteran Gary Switzer, the former head of high-rise development at Great Gulf Homes (one of the GTA’s major development companies) for more than 20 years, who spearheaded several award-winning landmark condominium residences in the city’s core. Both firms focus on creating high-quality residences in premier locations that feature innovation and design excellence.

Taking the concept of creative design to a new dimension, FIVE St. Joseph will marry the future and the past by tying in components of the existing heritage architecture with the stunning modern tower. Graywood and MOD enlisted highly respected Hariri Pontarini Architects to create the contemporary iconic exterior. Among this firm’s accolades is a coveted Governor General’s Medal in Architecture, recognizing outstanding achievement in design excellence.

The articulated sculptural tower will rise from a podium that includes several of the small shops that have lined Yonge Street since the 1880s and are undergoing a restoration by ERA Architects to house new retail venues. ERA is restoring a four-storey 1905 Gothic Revival warehouse façade on historic tree-lined St. Joseph Street that will become the condominium’s entry. Retail shops will line charming cobblestoned St. Nicholas Street, and topping off the podium design is a roof garden designed by acclaimed landscape architect Janet Rosenberg and Associates, to serve as an urban oasis for residents. The resulting building will inject the St. Joseph-Yonge intersection with panache that references the prestige of the Bloor-Yorkville area to the north.

Multi-award-winning Cecconi Simone Inc. rounds out the design team with interiors that speak to the edgy sophistication of the urban professionals and entrepreneurs whose distinctive tastes attract them to this area. The amenities in the building are focused on entertaining and relaxation, and have an attitude. “FIVE ON FIVE” offers the complete package for fitness and fun, and “THE GARDEN ON TWO” is a tempting urban escape.

Situated a few short blocks south of Bloor Street on the west side of Yonge, FIVE St. Joseph will offer a fantastic location in the strategic hub of many of Toronto’s most exciting amenities. Those who work at Queen’s Park, in one of the world-renowned hospitals along and around University Avenue, the Royal Ontario Museum, Gardiner Museum, or any of the multitude of shops, restaurants and office buildings in the vicinity, or who attend the University of Toronto or Ryerson University will find it easy to walk or take the subway to work or school.

At FIVE St. Joseph, purchasers will be able to choose from a variety of styles from heritage lofts to tower suites, with studios, one-bedroom, one-bedroom + den, two-bedroom and two-bedroom + den layouts. Sizes range from a 400 square-foot studio to a 1,400 square-foot terraced penthouse. Prices start from just the mid $200s.

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The Best Penthouse in Toronto: Ritz-Carlton

Welcome to your online guide to “The Best Penthouse Suites in Toronto“. In this installment I will be profiling the penthouse suite at The Residences At The Ritz-Carlton.

Author’s note: This blog post was originally published in 2008. Hence, some of this information may be out of date. For the most up-to-date information regarding the best penthouse suites in Toronto, please contact me.

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