TORONTO—With Toronto developers so fixated on selling smaller condo suites in recent years, families looking for places to grow have been vastly underserved. Ditto empty-nesters seeking to right-size their living situations. Not to mention young professionals who want a spacious pad in the heart of the city.
“There’s a shortage of well-designed larger spaces out there,” Cresford Developments’ sales and marketing president Maria Athanasoulis tells Epoch Times in an interview at the builder’s midtown office. “There’s really been no product out there.”
So the release of the Signature Penthouse Collection at Casa II—a 56-storey building designed by Peter Clewes of architectsAlliance that is the second tower in Cresford’s Charles Street condo community—has come “at a very opportune time,” she reckons.
The penthouse collection—suites on levels 47 to 56—range from 919 square feet to 1,750 square feet. Units are priced from $969,000 to $1.99 million. (Cresford is also releasing a collection of smaller suites at Casa II. Also located on levels 47 to 56, the units range from 492 square feet to 679 square feet; prices start from $479,900.)
The penthouse units have 10-foot ceilings and engineered hardwood flooring throughout, with floor-to-ceiling windows and wraparound balconies.
Open-concept kitchens, designed by Scavolini, come with islands; pantries; a choice of granite or Caesarstone countertop; and Gaggenau integrated appliances including a 36” refrigerator, BOSCH dishwasher, gas cooktop, and wine fridge.
Bathrooms, also by Scavolini, will have marble or Caesarstone countertops with under-mount sinks; marble tile flooring; frameless glass showers; and free-standing bathtubs with marble tile surrounds.
The penthouses will have in-suite laundry rooms with full-size front-loading washer and dryer, undermount sinks with Caesarstone countertops, and porcelain flooring. Suites come with gas fireplaces as well.
Athanasoulis notes her team had young families in mind when designing the penthouse collection at Casa II. “We think that families want urban living, especially with home prices now becoming so unaffordable. They want to buy something that’s fully done without having to pick up a hammer, and they like having lifestyle right at their doorstep.”
