When developers for 11 Yorkville hosted a presentation last month, more than 1,500 real estate brokers attended — rather desperate math given that the luxury condo has only 593 units.
Prices reflect the demand: A penthouse at another Yorkville Avenue development, the Four Seasons Hotel and Residences, recently sold for $23 million — making it one of the most expensive sales in the country. Thus the willingness of brokers to elbow into that presentation for 11 Yorkville, a joint effort by Metropia, RioCan Living and Capital Developments.
While there are suitably luxurious amenities — a hammam spa, a chef’s kitchen, a piano lounge, an indoor-outdoor infinity pool and services such as personal shoppers — the property should convey “a quiet appreciation of the finer things in life,” she says.
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