One of the most expensive condo units in Toronto history has been purchased for a whopping $18 million — and it doesn’t even exist yet.
An undisclosed buyer has scooped up a luxurious penthouse unit on the top floor of a proposed boutique condo development at 1086 Yonge Street, known as One Roxborough West.
The 12-storey project from developer North Drive will introduce just 27 luxury residences to the Summerhill area, geared towards the ultra-rich, with unit prices starting at a hefty $4 million. The building will be topped by an enormous penthouse unit that just sold for over four-and-a-half times that starting price.
Someone in Toronto just bought a huge $18M condo and it’s pretty spectacular
