Yorkville condo to list near $30m

Global financial markets are in turmoil and the Canadian economy is slowing, but that hasn’t put a damper on the promotional effort touting an as-yet-to-be-built condo unit at Toronto’s Four Seasons Hotel and Private Residences as “Canada’s most expensive penthouse!”

The posh condo in Toronto’s Yorkville neighbourhood is expected to list in the $30-million range, but the price won’t be revealed until after virtual tours for the media take place Thursday with developer Alan Menkes and designer Brian Gluckstein.

But the 9,000-square-foot penthouse, complete with four fireplaces, staff accommodations and galleria, will be listed for more than the previous record sale price of $25-million, public relations representative Beth Merrick said.

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