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Real Estate

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Condomonium: $1.8 million for a King West penthouse with an envy-inspiring terrace

ADDRESS: 75 Portland St., Unit 1101

NEIGHBOURHOOD: Waterfront Communities—The Island

AGENT: Craig Emond, RE/MAX Hallmark Realty

PRICE: $1,799,000

THE PLACE: A two-bedroom penthouse in the Seventy5 Portland building, which is the first Canadian project by über-designer Philippe Starck (and which we first looked at back in November).

BRAGGING RIGHTS: The wooden terrace has everything. And by “everything,” we mean a kitchen—complete with fridge, counters and gas lines—a hot tub, a television, an outdoor sound system to match the one inside, and heaters to keep things toasty come autumn.

BIG SELLING POINT: That terrace and the dramatic open-plan living area are ideal for entertaining. And if you want to head to bed while the stragglers party on, the master bedroom is tucked away in the western end of the condo, making it quiet and private.

POSSIBLE DEAL BREAKER: While nearby Victoria Memorial Park should protect most of the view from the windows and terrace, a new infill project currently going up will block some of the panorama.

BY THE NUMBERS:
• $1,799,000
• $1,181.49 in monthly maintenance fees
• 2,100 square feet
• 1,100-square-foot terrace
• 9-foot ceilings
• 3 bathrooms
• 2 bedrooms