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Real Estate

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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