Condo of the Week: $2.9 million for a condo in an Art Deco–style building near U of T

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Published on: October 4, 2015

The condo for sale at 1 St. Thomas Street

Address: 1 St. Thomas Street, Unit 7C
Neighbourhood: University
Agent: Kevin McCarthy, Royal LePage Real Estate Services, Ltd., Johnston and Daniel Division, Brokerage
Price: $2,899,000

The place: A seventh-floor apartment in an eight-year-old Art Deco–style building located just north of Queen’s Park and the University of Toronto campus.

The history: The New York firm Robert A.M. Stern Architects designed this building as a twin to 15 Central Park West, a 1920s-style tower that was completed in 2008. As a result, 1 St. Thomas has some ornate details that stand out among the boxy skyscrapers near Bloor. This suite’s owners found the finishes a little too ornate, though. They added sleek walnut cabinetry, plain built-in bookshelves and travertine walls and floors in the bathrooms.

Big selling point: The concierge staff is known for attentive service, according to the selling agent. They’ll carry groceries, make reservations, deliver dry cleaning, park cars or even take them to the building’s free car wash. And they’re used to being discreet, having served the likes of Drake, Belinda Stronach and at least one high-priced Toronto FC import.

Possible deal breaker: The home comes with a Manhattan-sized terrace—meaning, it’s small. Even so, it’s very private, with no shared walls or people peering in from above. It also has a cool view of the lights in Yorkville.

By the numbers:

• $2,899,000
• 2,295 square feet
• $2,295 in monthly fees
• 144-square-foot terrace
• 10-foot ceilings
• 3 bathrooms
• 2 bedrooms
• 2 parking spaces
• 1 built-in cappuccino maker


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Article source: http://torontolife.com/real-estate/toronto-condo-for-sale-1-st-thomas-street/

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