This Sprawling $26 Million Sky-High Residence Is The Most Expensive Listing In Toronto

Canada’s largest metropolitan city, Toronto, has few more vibrant neighborhoods than the Bay Street Corridor. It’s for those seeking a cosmopolitan living experience that includes art galleries, high-end boutiques, chic restaurants, and a fashionable vibe—and this $35 million penthouse (CAD $35 million) puts you above it all.

Located at 1 Bloor Street West in residential tower known as The One Toronto, this penthouse combines two full residences—#8001 and 8002—on the 80th floor to create a palatial, full-floor retreat. It’s the tallest residential tower in all of Canada, soaring 85 floors above the city. Future residents will have incredible, wraparound city views from the 8,757-square-foot home. There are six bedrooms and eight bathrooms, making it the largest full unit in the building.

“North America’s fourth largest city and a booming high-rise development center, it is fundamentally the right place for a building as game-changing as The One,” says listing agent Peter Torkan with The Agency, whose North York office and Downtown Toronto offices opened in 2020 and 2022, respectively. “Located at the intersection of Bloor and Yonge, it is in the heart of Canada’s leading luxury marketplace.”

The One was conceived by Mizrahi Developments and globally renowned architectural firm Foster + Partners. Easily identifiable in the skyline by its lattice-like exoskeleton and bronze trusses, The One is an engineering feat that will elevate Canada’s urban real estate offerings.

This specific residence features exceptional modern design with lacquered marble floors, contemporary furnishings, art-like chandeliers and light fixtures, chic interior architecture, and high-end materials sourced from around the world. The home also is flooded with natural light, as the residence is wrapped in floor-to-ceiling windows, which makes the glistening residence shine even brighter. There are also high ceilings throughout the home in every room.

The primary suite, with a spa-like bathroom and boutique showroom-like closet, is the crown jewel of the home. The bathroom, with a freestanding bath carved from a stone slab, sits under a beautiful chandelier and has never-ending views of Toronto and beyond. There’s also a sleek kitchen, office, and a gracious den.

Residents also have access to the resort-like amenities from The One, which includes a year-round heated pool, 8,200-square-foot garden terrace, gym, event and meeting space, secured parking, and guarded entry. There is also an on-site concierge that can help arrange anything you need, from flower delivery to city excursions to restaurant reservations and beyond. The building is still under construction and completion is slated for 2024.

The neighborhood is filled with luxury boutiques from the likes of Hermès, Gucci, Chanel, and Louis Vuitton, as well as the top restaurants and coffee shops. It’s also located in one of Toronto’s safest communities.

“The Toronto market has historically been one of the strongest and safest real estate markets,” Torkan says. “Although we have seen a slight adjustment in the market, the demand has continued to stay strong for luxury condominium buildings throughout Toronto. We had over 400,000 people move to Canada in 2021, and we are ahead of projections for the next three years, anticipating 1.2 million people.”

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