Toronto’s Most Expensive Listing Launches High in the Clouds and Priced at Nearly $35M

Developed by Mizrahi Developments and designed by Foster + Partners Architects, this building known as ‘The One’—a popular name in luxury builds— is the highest residential building in Toronto at 85 floors. Garnering another achievement for the city, it has a property for sale that just launched on the market and is now the most expensive listing in Toronto, asking precisely $34,981,778.

Perched on the 80th level and comprised of two units combined to make one full-floor expanse, the pre-construction pad will be the epitome of luxury high-rise living. Boasting sleek wood and stone elements, Residence #8001/8002 is clean and polished across its 8,758 square feet.

Encased in walls of glass that provide panoramic views of the city, the future owner can entertain hundreds of feet atop the city with the chef’s kitchen featuring custom marble or the spacious grand room. In total, the condo holds six bedrooms and eight bathrooms, allowing more than enough space for guests—but be careful, they may never want to leave. Of course, the primary suite is dramatic in the best way, illuminated by a grand chandelier and outfitted with globally-sourced finishes. Checking out the bathroom holding a free-standing tub that looks out onto the city lights or the palatial walk-in closet, it may feel like you’ve stepped into the world of HBO’s Succession.

Rising high in a prime downtown location, hot restaurants and world-class shopping are at your fingertips here. The building itself, estimated to be completed in June 2024, claims high-class amenities, too. Expect to find an 8,200-square-foot terrace as well as a top-of-the-line fitness center, heated infinity pool heated, and more.

Peter Torkan, Paige Torkan and Mauricio Umansky of The Agency hold the luxe listing. Torkan says of the market, “We had over 400,000 people move to Canada in 2021, and we are ahead of projections for the next 3 years, anticipating 1.2 million people. With strong immigration numbers and high demand, we have had historically low supply.”