Selling Toronto - 12.2 Million Dollar Listing in Yorkville - The Four Seasons
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- čas přidán 6. 09. 2024
- REC Tours A $12.2 Million Luxury Condo in Toronto's swanky Yorkville neighbourhood.
Laura, Jas and Clem take a tour with broker Janice Fox of the Four Season's Private Residences at 50 Yorkville Ave. in the heart of Toronto. You won't believe the size of the terrace!
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Selling Toronto - 12.2 Million Dollar Listing in Yorkville - The Four Seasons: • Selling Toronto - 12.2...
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Selling Toronto - 12.2 Million Dollar Listinxg in Yorkville
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• The $14 Million New Yo...
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As a conconstruction worker in Toronto that works on these Buildings from ground, up. The building cost is about 10% of the sold price. Everything is cheaply built and covered up with "expensive" looking cosmetics. I've worked on some of Toronto's most "luxurious" buildings...stop wasting your money and build a custom built house instead.
Thst's crazy!! It's a commerial building. I can't see them cheaping out on the foundation, sound proofing. There's codes they have to adhere to. I can see them using cheaper drywall. But for some marble counter top I didn't see much in the way of expensive finishes, ha ha. I saw pot lights. Not one expensive lighting fixture.
btw, I didn't mean you were crazy. The fact that the developers are that greedy to do that, which I'm sure that's a real possibility, are the crazy ones.
@@jobrownsmith116 a lot of inspectors don't go though everything to check, especially a 55 story building. Half of the time, they just write it off as a pass without even showing up to the job sites. As as electrician, the amount of fire harzard I've seen - exposed wires behind walls. Just so electrical problems can be fix without damaging drywall. Didn't have time to fix it properly as move in day was closd by.
@@edgehead13 Thank you for getting back. Wow, good to know.
@@jobrownsmith116 Yeah, unless you build a custom build house, nothing new built is reliable, or well built. Nothing - talk to any skill trades worker in Toronto.
The broker said that the owner had never lived there. Pretty standard for Toronto, where most of the high-end condo units are sold as investments. I can see 10 Yorkville from my co-op building and its more than half empty all year round....there are only lights on a few floors. When the city has a housing crisis, it feels almost criminal to have all those empty units.
How many ppl do u think can afford it like cmon u expect the city to put middle class ppl in there cmon now
seriously,
speculate property investors are a cancer to society. They provide no benefit from society by wasting valuable space. We need a law to force them to rent out their place
Let us not forget the fact that lots of foreigners who have never set foot on Canada buy these unaffordable properties. Oh can I also mention the money laundering that goes along with these properties??
id much rather buy real land and build an insane house with less money. at 3,843 square feet my current house is bigger then that lol seems pointless
this is not criminal. but this is what is called the capitalism. we are not yet in the socialism, fortunately.
It's big and expensive but not particularly nice. Looks like a hotel lobby with some work spaces.
Wait 12.2M for a TWO BEDROOM?!?!? Bruhhh 🤦🏽♂️
All money went in the private terrace lol
Its not that its a 2 bedroom... Its the location thats costing that much... and a residence in a hotel (and an overpriced hotel to boot)...
@@KomalPatel all the money went in the developer's pockets
Location, location, location.
In Modern Living Room Everyone Using "SoundProof Curtains" That Stops Outside Noise by 80% (25 Db) Tested. Check Here: livesoundproof.com/best-soundproof-curtains/
"What do you need 2 elevators for?"
- "Why wait?"
Nailed it 😂
🤣🤣🤣
😂😂😂😂😂
This the worst priced condo I have ever seen, you can get a condo for that size for roughly 3-5 million or even better
you're paying for that terrace! The one on the other side of the building with the other terrace was listed for 22 million a couple years back.
Exactly
@@matthewhutchison7123 That terrace has no privacy and all the floors above you can look down and see whatever you're doing!
This is in the Four Seasons Hotel!! You pay for that. But i agree it's not worth the money. If you're a multi multi millionaire than 12M is nothing! That's the people they are catering to.
Someone gonna shovel the snow off my terrace ?
fear not it's Toronto....they call the army in when it snows.
Overpriced
Maybe for some!
@@houmanghasemian3580 if by some you mean 99.999999% then yes 😂
Welcome to Toronto 😂
Because is in Toronto. Lol not worth it.
U cant afford it
Great unit for those with multiple properties, massive and never lived in...insane
Someone paid over $2700/foot for this place. With monthly maintenance fees of almost $5000. Terrible investment. This isn’t Manhattan.
Manhattan isn't exactly a great investment place either... overpriced and small condos or pre-war apartments best described as "shoe closet" ... No thanks... Marginally better than Toronto though.
I'll never understand having a bathtub in front of windows in a city.
Why...just why, do anyone wanna buy this two bedroom apartment instead of a big house with Butler or maids. The price are pretty much the same.
Right... with the maintenance fee and I'm sure the hotel has extra fees for it being the Four Seasons.. that's a salary itself for few housekeepers or chefs
In china if you buy a property you can only own it for 70 years or Latin America (like in venezuela) the government manages to destroy the value of its coin, now imagine you being a billionaire. Where would you put your money? Canada offers safety and praticity, but do not think this is bad for the country, with the construction sector booming there are more jobs and more money circulating in the city and also the many tax payers and businesses men who invest in the country. If the inflation and ppl being pushed away from the city sounds bad, think that many Canadians usually leave downtown in their 30s in order to start a family.
Outstanding tour guys, really enjoyed getting to see a part of Toronto's "swankiest neighbourhood" ahaha, really enjoyed the walkthrough
Thank you!
Story of our times- half a floor taken up that nobody lives in while thousands are homeless on the streets below. This place is the definition of a misallocated resource.
Great way to put it. Seriously messed up..
yeah just don’t leave and walk out on to asquith with the rest of us
100% true.
These people work their @$$ off to get that kind of money.
We're not responsible for homeless people, they chose their lives they can also can goto work ( I'm sure that they can find work in a nearby factory or whatever to not to be homeless).
We pay higher taxes then average people and government provides enough aid to the poor people and they still stay poor.
@@the_equilibrium Sorry......I feel you're terribly misinformed. There are many reasons why people can become homeless and laziness is rarely one of them. Landlords can kick people out of their homes in order to raise rents and/or renovate and many times those people become homeless through no fault of their own. Please do some reading about inequality issues.
I listed a $12.8 Million dollar condo- at Museum House stunning feature two level penthouse.. it was breathtaking right across from the ROM
Hamiltonian here. I cant wait to see the state of these condos when recessions come and go. These condos will look like ghost towns
ya, thats why toronto residents are coming to hamiton, and the homes are so expensive that you cant get a home for a decentprice anymore.
Doesn’t look and feel like luxury property
Kay Flip that's how the terraces are on all or most condos in Toronto. You have no privacy from any where from any of the above floors.
Because it's built by china and sold to the foreign rich tf u think XD
AVERAGE CRAFTSMANSHIP.....THAT IS WHY IT DOES NOT FEEL LIKE A LUXURY PROPERTY
@Kay Flip Terrace had weeds growing underneath already. Shoddy workmanship.
How am I going to find a property in the future and raise a big family? 😭
I am a Torontonian and the housing market really sucks out here.......
I know! I'm buying in Pickering.
LOL, you don't. Go else where to buy a home, then come back to Toronto when you're a millionaire... If not, then don't bother with the housing near this city...
move very east
Instead of a 2000 sqft terrace in a city that is cold for 8 months of a year, why not add more indoor living space like oh I don’t know...maybe a 3rd bedroom???
Love the extra room for overhead for mechanical modifications. This broker is fantastic
I'll take it!
LOTS OF GREAT HOMELESS PEOPLE AROUND!!!!
Hopefully the Toronto government can start taxing vacant homes soon...
Wish the states would
In terms of the interior design, Shangri-la residence looks way better than four seasons, location wise, ya the yorkvill location is indeed superior. But still, if I had money for condo purchase, I’d choose Shangri-la over four seasons 🙄
This place visually is just not for me and for that kind of money i'd rather buy a separate house for myself and another for my family, hot damn.
12M gets you half a floor, halfway up a random building, with a characterless deck. But hey, you can have a BBQ. I must say, the quality of the doors and their hardware look good. That’s got to account for something
Dont forget that 12 ft ceiling gives you that modern palace like feeling. I can hear music of HBO Succession.
*only way into the house is an elevator*
*building fire*
"do not use the elevator"
im assuming this penthouse will come with a parachute when you need to jump off the balcony?
Go to 6:19
That's the service entrance.. when she walked out the door, to the left you'll actually see the door to the stairs.. that should be the emergency exit for all emergencies.. no buildings that high will be approved if there's no secondary exit..
Benny Lee this is the 26th floor. Do you not see how this is a problem?
@@gu3sswh075 going up 26 is tough going down 26 is a breeze
Over priced yup. And why hasn’t the owner lived their. Ever?! “Toronto” people...person probably isn’t in the country.
Probably lives in China
It's common in Toronto. The housing market has increased more than the Dow Jones & tax in recent years, so they buy houses instead of stocks.
@@nwananka Doesn't look like a Chinese style to me but what do I know?
Yes, you are right. A close friend of mine used to be VP at one of the departments at the Four Seasons Hotel corporate office and said that pretty much all/most owners of these Four Season luxury condos are customers of the hotel. Thus, why they comprise mostly of non-Canadians. Instead of paying for nightly stays at the hotel, when they’re in town for business or leisure, they’d rather stay at a property they can own as an investment, have the comforts of home and the amenities hotel patrons have (aka the internal phone to connect with concierge). Primarily for investment purposes, both for Four Seasons Hotel and the owners of these units. They’re viewed as a vacation home for most. Many of them own multiple properties and homes around the world. That’s common for the rich.
It feels like you are only paying for location because the interior design and decor felt very bland.
The layout also kind of bugged me. I hate having a kitchen detached from the dining and leisure area
I find high ceilings cold. The inside has a feel of an old country house. I prefer the modern feel of a penthouse. I just don't get it with this place.
I personally enjoy high ceilings, but I agree with you. It doesnt look modern enough. It just looks boring
The 4 seasons representative was really good.
just can't imagine spending 12m and having all the restrictions of a condo
Too expensive plus don't forget paying 12.2 million dollars and then after that you still have to pay maintenance fee lol I guess Toronto wants to have more homeless people
In toronto? Yah right , nice panaramic view of another condo , i would buy smart , ELSEWHERE.
meanwhile many of the population in and around toronto are struggling with high rent/mortgages.......
I’ve been watching dozens of penthouse tour videos in Toronto and as someone who loves to cook I’m dismayed by the total lack of pot-filler faucets behind these wonderful stovetops. Kitchens with all the bells & whistles a chef could dream up but no pot fillers! What gives? Do the developers or architects or whomever not see the need for such a convenience or is it something else I haven’t thought of? I’d really love to know why this isn’t a thing in Toronto’s priciest condos.
I agree that it'd be nice to have pot fillers considering the price. Probably because a good chunk of the buyers don't live in their units as it's an investment or they're hardly ever staying there and actually cooking. They probably have private chefs or butler service to take care of that for them
WOW ! Perfect !
Marble is the worst stone for a kitchen or washroom. It is porous and scratches easily. Anyone notice the hostess scratch the counter with stovetop cover? They even joked about the marble cracking!
All residences above the terrace = cigarette and joints all over the terrace.
CSA: Yorkville is not not a AAA neighborhood-A- at best. As a Vinitourist, I confidently say the food and drinks at all the restaurants featured here is below par and over priced. For Quality food and a greater selection of quality wines, beers, and spirits one must travel a solid 15 minutes by car out of the neighborhood.
I'd rather live on a farm or by the hillside with water view!!
at 1:01seemed like the guy reaching out for his gun
when he heard the price
Swear das a backwoods pack 🤣🤣🤣
Grabbing for his wallet😆
scary terrry You can’t run but you can hide BITCH
I CANNOT BE THE ONLY ONE SEEING THIS CAT COMPETITION BETWEEN THE REAL ESTATE BROKER WOMAN AND THE 2 GUEST LMFAO!
Beautiful unit and great work REC!
Thanks for always supporting
Nice location but12.2 for a 2 bedroom penthouse is crazy.
12.2 million
Also loaded with amenities being attached to the four seasons hotel
REC Experience lmfao in a frozen baron wasteland such as Canada... climate change better change Toronto to LA 😂
Preet Gujral ur so wierd bro stfu
Designs are lovely
"We are really amazingly LIT here"
7:52 - Master Bedroom purposely on the East side because "they want to have the morning sun." - ha ha ha - the unit just lost my interest. Living downtown Toronto, my master bedroom faces south and let me tell ya, that morning sun (in all seasons) is BRUTAL! I'm tempted to brick up my bedroom windows - no joke.
"Welcome everyone to this overpriced condo, and FYI, the owner never lived here"!!!! WHAT?!?....what stupidity?!? Toronto residents are struggling and the city is selling land to people who don't live in Toronto!
maybe they can sell to u
That’s how every single city works if they sold to residents alone nothing would sell.
Poor residents can't afford it
Britney Waldron Most of these buyers are Chinese investors coming str8 out of China.
28% or more of Canada Millionaires live in Toronto. Some of them you see on tv often in the afternoon.
They're right...6:12,..ubereats makes 'room service' obsolete, uber makes valet obsolete. It's nice to know technology has afforded even middle and lower middle class people these 'luxuries' whenever they want.
Plus the TTC is petty much downstairs. It is one of the nicest neighbourhoods in Toronto.
Certainly, these properties are owned by investors who live in the Gulf Regions!!! 😊🎉
Long time no see Yorkville!!!😂😅😊🎉
East side we can see the morning sun or huge building facing it . Shouldn't have shown a part of it lol
Despite all the truth and hilarity within these comments I still want this place. Gut that foyer and panel it in chestnut wood and marble, a snooker table, a idyllic sofa lounge area. The library should be all (chestnut, why not) wood and where the russet is hiding put a floor to ceiling bar flanked by two wooden columns, temperature controlled cabinet display and a sliding ladder for fetching books or bottles from the high shelves.
I wouldn’t pay a penny for any property in the city of Toronto. I would by in the country. I would also want lake front.
That’s where I would buy.
Privacy.
😃🥂🥂🥂🥂🥂🥂🥂🥂⚖️
The view is really bad...don’t know how it can cost 10 mil. Fair value should be around 2 mil max. Master bedroom looks exactly the same as my bedroom currently leasing for $1000
hire a better camera guy?
Tell me one thing for a such big size it has only 2 bedrooms... what is the use???
if i had to move back to Toronto given all the videos i have seen about various condo's only building i'd move into....if it were a condo move....
A big oversight is not utilising the outdoor living space. Such a huge patio and EMPTY, so much potential. Common of Toronto to not fully live in their homes outside living space should they even have one. This four seasons could have such gorgeous patio furniture, even a BBQ, maybe a jacuzzi and firepit. Not Really worth 12 million, maybe half that.
For that money, it should be marble everywhere rather than cheap flooring
For dad money I build two big houses over 2000 square feet
does the condo come with the broker lady?
Damn, maintenance fee is 2x higher than my rent (and I live in Etobicoke).
I wonder what the management fees are?
Toronto is the worst place in canada to invest all that money.All year bad weather, so depressing city to live in. We are investing now in Cape town South Africa and marbella spain.
That is why I moved out of that horrid city. Yuck 🤢
Hey am from Canada planning on doing the same thing in South Africa...was the paper work a headache?,I read that banks over there can pay for half the mortgage.
On another note the lady in blue has nice calves😉
When the Toronto market crashes because people are spending 60% of their income to live in "luxury" condos, this condo's price will lose a zero on the value.
What is in the interal saqure foot mins the trace
Price went up an extra mill so you can say you live at the 4 seasons? I enjoyed the video. I live in Parkdale. One can dream , right?
2 elevators, funny. This is a lovely area
wow!
Good job increase cost people will buy it 4 sure
Unstoppable views
What is the point of buying a condo for 12 million and having such a crappy view in comparison with what you would see from the other side of the building? Spend a little more money and get a view of the lake, cn tower, and the downtown skyline
For $12 million it would be great if it was a direct waterfront.
Pocket doors, love
Owner never lived here, just wired a fat check from any shady country in the world. Broker and government get a % cut. Everyone wins 👏🏻
2 bedrooms?! I know someone at the Shangri-La their condo is half the size and has 2 beds 3 baths.
If i ever had the money, id spend $2 mil extra on re designing the interior
2:50 why do they call it a library if they are not books 📚 in there !!
Overpriced. Get 10x more in USA.
Not in comparable cities (NY,LA)
Ash ESO NY/LA is not comparable to Toronto. Go do some research on the numbers, that alone will tell you. Toronto is more like Chicago and yet still with lower wages and less lucrative opportunities.
@@asheso3048 you can get a penthouse facing central park in nyc for 11.5 million bigger than this overpriced condo with a much much better view. You can google Ryan Serhant. He's a top nyc broker you can find videos there.
@Preet Gujral Thats Toronto for sure.
@@jayvarma6473 Overpriced I agree. Keep in mind tho that this Penthouse is in The Four Season Hotel with added concierge benefits. I would hate to see the monthly condo fees for this unit.
Amazing property.
great job guys.
Appreciate the support!
Listen up Dhubai, we need you to start investing in Toronto! We won't stop until all of Dhubais money and people are crammed into this one tiny apartment.
"This marble was brought in just for us". LMAO !!!
9:34...Not anymore Honey. Sorry. That all came to an abrupt end....and don't think for a minute it's coming back.
Why would they take photos with their cameras when they have a professional videographer with them
it's a beautiful condo ....but...it lack personality and warmth and coziness....would you live there a normal family life? if you are into parties and looking to impress then it's ok...but for a family?...this is how you get disfunctional families with lots of issues
So beautiful
better off with a prewar loft. all new condos look alike.
watching this and thinking mau had a point
3800sq ft, so its $3100 per sq ft, plus 2000 sq ft terrace. Thats very tempting.
For a minute there i though she said twelve Point two million dollar condo 🤣🏴
WOW....
Feels like a cheap 'lux' apartment just expanded
I'm very familiar with Yorkville but I'd never buy a 12 million dollar condo. I'd maybe do 3 million
I thought everyone was equal in Toronto! 🤣
this broker is a typical snobby markham mom that spends her sundays at nervosa lmao. nothing about this place is desirable... there are so many beautiful condos here that have insane design and deserve a platform to show how beautiful toronto can be
of course its over priced isnt everything in Toronto? I worked just beside it at Movenpick in the early 90's ... fun place and I lived across the street in a apartment building ... I would literally be at work in 5 minutes
I'm scared of heights
Loved the video, the ceilings in this place are insane!! Lets collaborate, we would love to feature one of your videos on our channel where we feature properties from around the world, full credit given, lets chat!
Send me an email to jas@reccanada.com and my team will have something setup. Thx