At $30 Million, the "West Penthouse" of Four Seasons Hotel and Private Residences Toronto is the most expensive condo in Canada



    9,000 SQ. FT. MANSION-IN-THE-SKY TO RISE IN YORKVILLE

    TORONTO, Sept. 18 /CNW/ - Bay-Yorkville Developments Ltd. released the
penthouse at Four Seasons Hotel and Private Residences Toronto for sale today.
Priced at $30 million, this exclusive residence is the most expensive
condominium in Canada.
    Located at the northeast corner of Bay Street and Yorkville Avenue, Four
Seasons Hotel and Private Residences Toronto is a landmark mixed-use
development featuring a world class hotel and over 200 private residences in
two 55 and 26-storey towers.
    The penthouse residence will occupy the top floor of the 55-storey West
Residence building and encompass 9,038 sq. ft. of living space. Included in
the price is a 680 sq. ft. Staff Residence. Located in the adjacent, 26-storey
East Residence building, the Staff Residence will provide owners with the
convenience of separate, private quarters for household staff located on-site.
    "This is truly a one-of-a-kind offering," said Alan Menkes, President of
the High-Rise Residential Division of Menkes Developments, the Managing
Partner of the project. "When you step off the elevator directly into the
floor-to-ceiling glass galleria, you'll immediately see why this Penthouse is
so spectacular. It will feel like an exquisite mansion in the sky, with more
than 9,000 sq. ft. of living space and incredible views of downtown Toronto
and Lake Ontario from four private terraces."
    Created by Gluckstein Design Planning, Canada's pre-eminent residential
interior design firm, the West Penthouse plan has been conceived with the
ultimate super luxury buyer in mind. Highlights of the residence include:

    
    -  A spectacular array of rooms featuring 12 ft. ceilings, including a
       stunning floor-to-ceiling glass Galleria and four expansive corner
       terraces;
    -  An opulent, 2,500 sq. ft. Master Suite featuring a large bedroom
       complete with a sitting room and fireplace, a private terrace, two
       walk-in closets and a lavish ensuite bathroom, with his-and-hers
       vanities, showers and water closet enclosures, built-in TVs behind the
       vanity mirrors, and a freestanding tub opposite an impressive stone
       fireplace;
    -  A gracious 1,000 sq. ft. living room with a walk out terrace, a
       library and a separate study;
    -  A spacious family room combined with an open-concept entertaining
       kitchen, with a large island and three refrigerator/freezer units, two
       wall ovens, a dishwasher, integrated coffee system, food warming
       drawer and a gas range;
    -  A 550 sq. ft. formal dining room and a servery connected to a walk out
       terrace;
    -  A theatre room with a bar featuring a refrigerator and bar sink;
    -  A walk-in wine cellar with a sealed glass-paneled door, built-in
       cooling unit, and a redwood racking system to accommodate nearly 800
       bottles; and,
    -  Two guest bedrooms, each with its own ensuite bathroom.
    

    "When I designed the West Penthouse, I had a vision of classic elegance,"
said Brian Gluckstein of Gluckstein Design Planning. "In the foyer, I chose
handsome grey marble floors and added a bold circular pattern which gives the
space a bit of drama. There are sleek custom Downsview cabinets in the
kitchen, in a dark stain, paired with comfortable seating in muted neutrals
for timeless appeal."
    "The master bedroom has light streaming in through the corner windows, so
I went with light wood floors and white fabrics. This combination gives the
room a light, airy feel even on the darkest winter days," he added.
    Designed by architectsAlliance, Four Seasons Hotel and Private Residences
Toronto will feature two sleek glass towers. The West Residence will be a
55-storey building comprised of a 253-room Four Seasons Hotel on the first 20
floors, followed by 101 Private Residences above. The 26-storey East
Residences will contain 103 Private Residences and be connected to its sister
building by an elevated pedestrian bridge. Both towers which will share a
courtyard designed by internationally-renowned landscape architect Claude
Cormier.
    Owners of the Private Residences, including the West Penthouse, will
enjoy access to all the amenities of the new Four Seasons Hotel, including
24-hour concierge, doorman and valet service, an on-site restaurant and bar,
in-residence dining, housekeeping, and the Four Seasons Spa. The 28,000 sq.
ft. spa will feature a sky-lit indoor lap pool, whirlpools, private treatment
rooms and a state-of-the-art fitness club. Award-winning interior design house
Yabu Pushelberg designed the spa, as well as the Hotel rooms, common areas and
ballroom/conference facilities.
    Construction on Four Seasons Hotel and Private Residences Toronto is
underway and the project is slated for completion in late 2011. The developer
is Bay-Yorkville Developments Ltd., a joint venture between Menkes
Developments Ltd., Lifetime Urban Development Group, and Alcion Ventures.
Menkes Construction Ltd. is building both the hotel and residences.

    Four Seasons Private Residences Toronto are not owned, developed or sold
by Four Seasons Hotels Limited or its affiliates (Four Seasons). Bay-Yorkville
Developments Limited uses the Four Seasons trademarks and trade names under a
license from Four Seasons Hotels Limited. The marks "FOUR SEASONS", "FOUR
SEASONS HOTELS AND RESORTS," any combination thereof and the Tree Design are
registered trademarks of Four Seasons Hotels Limited in Canada and U.S.A. and
of Four Seasons Hotels (Barbados) Ltd. elsewhere.

    Jpegs and VR are available.





For further information:

For further information: Mimi Ng, Menkes Developments Ltd., (416)
491-2222, mng@menkes.com; David Eisenstadt/Beth Merrick/Wendy Petcoff, The
Communications Group Inc., (416) 696-9900 ext. 36/40/29,
deisenstadt@tcgpr.com, bmerrick@tcgpr.com, wpetcoff@tcgpr.com

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FOUR SEASONS PRIVATE RESIDENCES TORONTO

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