Only 2 Of Canada’s 10 Most Expensive Penthouses Are In Toronto

Photo via dreamhomesmagazine.com

When it comes to luxury real estate, Vancouver is still at the top of the list. Toronto, on the other hand, is a little further down than you’d expect.

According to a new report from Point2 Homes, Toronto is the most affordable penthouse market in Canada. The real estate blog compiled a ranking of the 10 most expensive penthouses for sale in Canada and lo and behold, the last two are located in Toronto.

READ: Inside 3 Of Toronto’s Most Expensive Luxury Homes For Sale Right Now

Toronto and Montreal were the only cities outside of B.C. to make the list. Montreal also had two luxury penthouses on the list, however, they ranked much higher than the Toronto properties with listing prices of $15.435M and $13.435M each.

READ: Montreal Set To Dethrone Toronto And Vancouver As Luxury Real Estate King Of Canada

The rest of the ranking included five listings in Vancouver and one in Victoria.

Shockingly, Toronto’s two properties (5401-16 Harbour St. and SPH1-261 Queens Quay E.) are nearly double the size (and almost $5M cheaper) than the two Vancouver penthouses that secured the fifth and sixth spots. Although we imagine the insane ocean views on those properties probably played a huge role in their pricing.

Check out the full top 10 ranking below.

10. 5401-16 Harbour St., Toronto

Price: $7,250,000
Bedrooms: 3
Bathrooms: 5
Square footage: 4,616

Photo via regents.com

9. SPH1 – 261 Queens Quay E. Aqualuna Terrace Collection, Toronto

Price: $8,800,000
Bedrooms: 3
Bathrooms: 6
Square footage: 4,622

Rendering via penthousequeen.com

8. 1201-21 Dallas Rd., Victoria

Price: $8,900,000
Bedrooms: 2
Bathrooms: 4
Square footage: 4,810

Photo by lesleefarrell.com via Point2Homes.

7. PH2501-1021 Harwood St., Vancouver

Price: $9,800,000
Bedrooms: 3
Bathrooms: 4
Square footage: 4,623

Photo via peterraab.ca.

6. PH1-1480 Howe St., Vancouver

Price: $10,888,900
Bedrooms: 2
Bathrooms: 3
Square footage: 4,700

Rendering via virani.ca.

5. 2001-1835 Morton Ave., Ocean Towers, Vancouver

Price: $12,995,000
Bedrooms: 2
Bathrooms: 2.5
Square footage: 4,700

Most expensive penthouses
Photo by clivestevepaul.com via Point2Homes.

4. PH1802-1430 Rue de la Montagne, Ville Marie, Montreal

Price: $13,435,000
Bedrooms: 3
Bathrooms: 3.5
Square footage: 5,812

Renderings via the Four Seasons.

3. PH1801-1430 Rue de la Montagne, Ville Marie, Montreal

Price: $15,435,000
Bedrooms: 4
Bathrooms: 5.5
Square footage: 6,910

Renderings via the Four Seasons.

2. 3101-717 Jervis St., Vancouver

Price: $16,500,000
Bedrooms: 5
Bathrooms: 8
Square footage: 8,750

Photo via dreamhomesmagazine.com

1. 4702-1011 Cordova St., Coal Harbour, Vancouver

Price: $29,998,000
Bedrooms: 4
Bathrooms: 4.5
Square footage: 6,652

Photo via malcolmhasman.com.
More from Toronto Storeys

Millennials Choosing Cryptocurrency Over Real Estate

A growing number of Millennials feel more at home with cryptocurrency than...
Read More