TORONTO, May 30, 2011 /CNW/ - Canada's most exclusive condominium
residence has been purchased by an international buyer. At $28 million,
the West Penthouse of the new Four Seasons Hotel and Private Residences
Toronto is the most expensive condominium residence sold in Canadian
The penthouse residence occupies the top floor of the 55-storey West
Residence building, and encompasses 9,038 sq. ft. of living space. The
suite, with panoramic views of Toronto's towering skyline, features 12
ft. ceilings, a breathtaking floor-to-ceiling glass galleria and four
expansive corner terraces. Included in the price is a staff residence,
located in the adjacent, 26-storey East Residence building. The staff
residence provides the owners with the convenience of separate, private
quarters for household staff located on-site.
"As one of the largest developments of its kind in North America, our
exciting new hotel and private residence in Toronto represents a
wonderful affirmation of the strength of the Four Seasons brand in
Canada and around the world," said Isadore Sharp, founder and chairman
of Four Seasons Hotels and Resorts. "This new home will allow us to
offer the exquisite service, style and comforts that have become our
hallmark, while remaining the world leader in luxury hospitality."
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 210 private residences in
two sleek 55- and 26-storey towers.
The iconic development is 85 per cent sold, with a varied selection of
suites in each tower available for purchase.
"The discerning international buyer of the penthouse suite was attracted
to all that this landmark project has to offer," said Alan Menkes,
President of the High-Rise Residential Division of Menkes Developments,
the managing partner of the project. "Four Seasons Hotel and Private
Residences Toronto boasts the city's finest location, with stunning
architecture, impeccably designed living spaces and globally renowned
Designed by architectsAlliance, the 55-storey West Residence tower is
comprised of a 253-room Four Seasons Hotel on the first 20 floors, and
100 Private Residences above. The 26-storey East Residence tower has
110 Private Residences and is connected to its sister building by an
elevated pedestrian bridge. Both towers share a courtyard designed by
internationally-renowned Claude Cormier Landscape Architects.
The Private Residences' suite designs and finishes have been created by
Brian Gluckstein Design Planning. Featuring generous room
configurations and timeless appointments, Private Residences range in
size from 1,000 to 9,000 sq. ft. and start at $1.9 million.
Yabu Pushelberg has designed the Hotel and Private Residence lobbies,
the spa, ballroom/conference facilities and hotel rooms. Residence
owners will have access to the services and amenities of the Four
Seasons Hotel, including a 28,000 sq. ft. spa, health club, pool,
24-hour concierge, in-residence dining and housekeeping. The spa will
feature a sky-lit lap pool, whirlpool, private treatment rooms and a
state-of-the-art fitness club.
Construction on Four Seasons Hotel and Private Residences Toronto is
well underway with first occupancies and the hotel opening scheduled
for summer 2012.
The developer is Bay-Yorkville Developments Ltd., a joint venture
between Menkes Developments Ltd., Lifetime Developments and Alcion
Ventures. Menkes Construction Ltd. is building both the hotel and
For more information about Four Seasons Private Residences Toronto,
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.
(Jpeg photos available)
SOURCE Four Seasons Private Residences Toronto
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David Eisenstadt / Wendy Petcoff
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