Of all of the new condos coming to the city, one, in particular, is creating a buzz amongst Torontonians. The One is currently pre-construction at 1 Bloor Street West, with an estimated completion date of spring 2023. Here’s why people are so excited: The One will be the tallest residential building in Canada at 318 meters and 85 stories, with the only taller building in the country being the CN tower.
But aside from its breathtaking height, what else do we need to know about The One? Read on to find out.
The One condos are designed by British architect Norman Foster and his company Foster + Partners; one of the most innovative architecture firms around, and developed by Mizrahi Developments. This combination promises to bring something incredible to Bloor Street. Mizrahi developments love to go above and beyond to bring something new and different, so it’s no surprise that they are responsible for Canada’s tallest residential building.
We can expect nothing short of pure luxury with a stunning exterior, friendly staff and an interior which provides a sanctuary for residents to escape to.
The 85 stories will house 416 residential units, as well as eight stories of upper-scale shops and restaurants, to create a hub for Torontonians to gather. There will be no share walls, and buyers will be able to customize and combine units, meaning that in the end there may be less than 416 suites. Residents will also benefit from having high-end shops and restaurants right on their doorstep, as well as convenient public transport options just moments away. The building’s amenities are second-to-none, offering residents a state-of-the-art gym, pilates room, spinning room, sports area, billiard, sky gardens, swimming pools, valet and more. Suites will feature extra-high ceilings and luxurious, elegant finishes. No compromise has been made in the design and development of the building, making The One the ideal new home for buyers who desire the highest levels of luxury in the most enviable and convenient of city locations.
So how much will buyers pay for these luxurious new homes? Prices begin at $1,299 per square foot, with suites ranging in size from 1101-4379 square feet. The smaller one bedroom one bathroom 591 square foot suites on lower levels are listed at $799,900, with prices only increasing from there. The larger suites have up to 3.5 bedrooms, making this an excellent location for families, singles or couples with something for everyone. The largest penthouse suite is 5632 square feet with 3.5 bedrooms, four bathrooms and a 1025 square foot balcony. This suite has already sold for $16,899,900 to a fortunate buyer who will have one of the best views in the entire city. Sales are well underway so prospective buyers should move fast to secure their suite.
While the prices are high, it's easy to see why: luxurious suites, a desirable location, and superior amenities, all within a stunning record-breaking building.