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If you had $1 million, you could buy a one-bedroom condo in Toronto

September 28, 2024


If you had $1 million, you could buy a one-bedroom condo in Toronto

BY ERIN CRIGERPOSTED OCT 14, 2015 7:41 AM EDT LAST UPDATED OCT 14, 2015 AT 8:10 AM EDT

It’s not llamas, emus, or even a whole house. Unlike the classic Barenaked Ladies song If I Had A Million Dollars, that kind of money will net you a mere one-bedroom condo in Toronto.

However, at the very top of the pricy condo market, just six of the city’s 10 most expensive units cost more than $1 million.

Practically a bargain!

Real estate search website Point2 Homes compiled a list of the 10 most expensive one-bedroom condos in the city. Most of them are in the downtown core, spread among Yorkville, The Annex, and the Bay Street corridor.

Take a look around – are they worth it? Or would you spend your money on the fanciest ketchups?

No. 10

There are two one-bedroom condos tied for the number 10 spot, with a price tag of $849,000. Each, not combined.

One unit, at 38 Avenue Rd., comes with access to a gym, sauna, and party room, while the unit itself has a walk-in bathroom and nine-foot ceilings.

Unit 304 at 38 Avenue Road is on the market for $849,000. POINT2HOMES.COM.
Unit 304 at 38 Avenue Road is on the market for $849,000. POINT2HOMES.COM.
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Meanwhile, the apartment 124 at 326 Carlaw Ave. includes a private 270-square-foot rooftop terrace and 20-foot ceilings. Maintenance fees are $535.

Unit 124 at 326 Carlaw is on the market for $849,000. REMAX.CA.
Unit 124 at 326 Carlaw is on the market for $849,000. REMAX.CA.
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No.9

Look at the pale grey floors at this Yorkville condo. They’re definitely worth the $849,999 price tag. The unit at 133 Hazelton Ave. comes with access to the building’s guest suites, exercise room, and media room.

Unit 307 at 133 Hazelton Ave. is on the market for $849,999. CENTURY 21.
Unit 307 at 133 Hazelton Ave. is on the market for $849,999. CENTURY 21.
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No. 8

We’re quickly nearing the one-million mark but we’re not there yet. This 800-square-foot unit at the Shangri La comes with limousine service and a private elevator. Unit 5605 at 180 University Ave. is on the market for $988,000.

Unit 5605 at 180 University Ave. is on the market for $988,000. SABRINA SILAPHET.
Unit 5605 at 180 University Ave. is on the market for $988,000. SABRINA SILAPHET.
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No. 7

A $998,000 condo at the Four Seasons in Yorkville comes with access to all the hotel’s amenities, like valet parking, room service, and the indoor pool. Unit 1102 at 55 Scollard St. also includes 10-foot ceilings and a $849/month maintenance fee.

Unit 1102 at 55 Scollard is on the market for $998,000. BARSAM PROFESSIONALS REAL ESTATE LTD.
Unit 1102 at 55 Scollard is on the market for $998,000. BARSAM PROFESSIONALS REAL ESTATE LTD.
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No. 6

The first of six properties listed at over $1 million is this unit at the Ritz Carlton. The one-bedroom condo at 183 Wellington St. is listed at $1.08 million and is “just shy” of 1,400 square feet. It boasts 10-feet ceilings and painter’s tape on the floor.

Unit 3403 at 183 Wellington St. is listed at $1.08 million. PATRICIA PING CUI.
Unit 3403 at 183 Wellington St. is listed at $1.08 million. PATRICIA PING CUI.
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No. 5

Finally, the Trump Tower makes an appearance. Unit 2302 at 325 Bay St. is listed at $1.08 million and comes with two bathroom, an electric fireplace, and access to the hotel’s salt water pool. There’s no images of the unit online, just a floor plan and photos of the building’s exterior. It’s clear this unit is for those looking for a name.

Unit 2302 at 325 Bay St. is on the market for $1.08 million. NICK BREWERTON.
Unit 2302 at 325 Bay St. is on the market for $1.08 million. NICK BREWERTON.
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No. 4

This unit is in the same building as No. 10 but comes with a much higher price tag of $1.129 million due to its massive space. Unit 127 at 326 Carlaw Ave. is a whopping (or “whopping”) 2,300 square feet (compared to 1,700 square feet for the other unit). It includes soaring ceilings, a private rooftop garden, and the opportunity to tell your friends you live in a converted warehouse.

Parking is extra.

Unit 127 at 326 Carlaw Ave. is on the market for $1.129 million. REMAX.
Unit 127 at 326 Carlaw Ave. is on the market for $1.129 million. REMAX.
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No. 3

Dipping further into your bank account, unit 1103 at 55 Scollard St. is listed at $1.378 million. It includes 10-foot ceilings, floor-to-ceiling windows, and access to all the amenities at the Four Seasons.

Unit 1103 at 55 Scollard St. is listed at $1.378 million. POINT2HOMES.COM.
1103 at 55 Scollard St. is listed at $1.378 million. POINT2HOMES.COM.
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No. 2

The third and last appearance for the Four Seasons on this list is unit 406 at 55 Scollard St. The condo is approximately 950 square feet and includes floor-to-ceiling windows, access to the hotel’s spa and pool, and the option of buying the Art Shoppe furniture inside. All for just $1.399 million.

Unit 406 at 55 Scollard St. is listed at $1.399 million. ROYAL LEPAGE.
Unit 406 at 55 Scollard St. is listed at $1.399 million. ROYAL LEPAGE.
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No. 1

The granddaddy of them all is this $3.98 million pad at The Windsor Arms.

There’s a massive jump in price – more than $2.5 million – between the No. 1 and No. 2 condos on this list.

The 2,840 square-foot unit is one of just 24 in the building (exclusivity has a price). It comes with limestone floors, oak-paneled walls, a covered terrace, and full access to the hotel’s amenities.

The maintenance fee is $2766.56.

This unit at the Windsor Arms is on the market for $3.98 million. HARVEY KALLES.
This unit at the Windsor Arms is on the market for $3.98 million. HARVEY KALLES.