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Gimme Shelter

23 Comments

Condomonium: $3 million for an arty, three-level condo with a sense of drama

ADDRESS: 468 Wellington Street, unit 201

NEIGHBOURHOOD: Waterfront Communities–The Island

AGENT: Brandon Ware and Eric Kuzuian, Private Service Realty Ltd.

PRICE: $2,990,000

THE PLACE: A museum-like loft in the exclusive, idiosyncratic Butterick Publishing building—a century-old low-rise in which each of the 10 ginormous units (which average between 4,000 and 5,000 square feet) is completely unique. 

BRAGGING RIGHTS: With 6,000 square feet spread over three levels, you could probably house up to 10 typical Toronto bachelor pads in this place.

BIG SELLING POINT: Real estate agents often recommend condo hunters go for units that have at least one standout feature. It helps ensure strong resale value and makes a place stand out against all the glassy, über-modern condos across the city. Well, this red-walled, eccentric loft has dozens of standout features, including a wicked central staircase and Ferrari-red kitchen.

POSSIBLE DEAL BREAKER: Unfortunately, none of the curios—like the penguins in the master bathroom—come with the place. Once the mini museum is cleared out (a world-travelling collector lives here), you’ll likely end up buying ceremonial Bolivian masks and stuffed ostriches in a futile attempt to restore the space to its former glory.

BY THE NUMBERS:
• $2,990,000
• 6,000 square feet (approximately)
• $1,110.04 in monthly maintenance fees
• 12-foot ceilings
• 3 levels
• 3  bedrooms
• 3 bathrooms
• 2 den areas
• 2 parking spots
• 1 private elevator

23 Comments

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  1. Does photo 6 also have a stripper pole? Who is this person?

    December 16, 2011 at 1:29 pm | by Debbie
  2. Where the heck is the agent here? How can they possibly ask this price given that this place is completely overrun with curios of a quesionable taste. It looks like there’s some good bones here but this place is so poorly presented its laughable.

    December 16, 2011 at 1:53 pm | by lola
  3. This is where the Most Interesting Man in the World lives.

    Seller should dress like him and charge admission for visits.

    December 16, 2011 at 2:19 pm | by sid
  4. You can’t even see the condo for the owner’s collections which are morbid, creepy and hideous. Takes all kinds, I guess.

    December 16, 2011 at 5:47 pm | by Mel S.
  5. Anyone in the know would know! If anything, the realtor should add a mill to the asking price, for the ghost factor alone!

    December 17, 2011 at 1:13 am | by Bebe Lizardo
  6. This apartment belonged to a very interesting and respected man. Please focus on the apartment and not on the contents as they are priceless.
    It’s not about taste, it’s about collection. There is actually a remarkable story here.

    December 17, 2011 at 10:36 am | by seraf
  7. Eclectic taste aside it phenomenal space and extremely low maintenance fee’s for that kind of sqftage… I want to party with this guy, didn’t anyone notice the stripper pole at the foot of the bed ? Awesome !

    December 17, 2011 at 11:54 am | by Nigel Denham
  8. Hard to focus on the apartment when it is being utterly overpowered by these…let’s call them artifacts.

    December 17, 2011 at 12:08 pm | by garamon
  9. Hey Nigel, if you want to party with this guy you might catch up with him on a barge on the River Styx. When you cash in your air miles, note that it’s a one-way ticket! Who knows,
    maybe Christopher Hitchens will be there too!

    December 17, 2011 at 1:15 pm | by Bebe Lizardo
  10. http://www.jamiesontribalart.com/

    December 17, 2011 at 4:10 pm | by Dan
  11. Bill was a fascinating and generous man. Toronto was lucky to have such a interesting collector who was always happy to share. Many of us are still mourning his untimely death – which occurred in his condo, now up for sale. http://realscreen.com/2011/07/20/history-television-canadas-head-hunters-hit-by-untimely-death/

    December 18, 2011 at 2:07 pm | by Friend
  12. Oh Man Oh Man… this is awesome but its going to take another $1mil to turn this place upside down. but its a bargain for the price and the maint fee is low.. I think I am going to sell my retarded Trump Tower condo which seems like it will never open /built and make an offer on this amazing space… Love it!!!

    December 19, 2011 at 8:07 am | by Peter212
  13. I think this place is just awesome. It feels like a museum without the “Don’t Touch” aspect and I love that.

    I would live in it just the way it is (well, nix the stripper pole in the bedroom).

    December 20, 2011 at 3:12 pm | by Caitie
  14. The bedroom gave me a boner!

    December 20, 2011 at 7:45 pm | by BG011
  15. Looks like a monument to a life well-lived. Assuming the property is appropriately priced based on size, location, quality and amenities. Underneath the contents, it is a lovely home even with more conservative tastes.

    December 21, 2011 at 3:22 pm | by Ignatz

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