Dear reader,
Sometime in the mid-aughts, Toronto’s army of developers realized that pitching the hotel lifestyle was one of the strongest weapons in their marketing war chest. Then new luxury hotel-condo combos started popping up: the Shangri-La, the new Four Seasons and the Trump tower (since mercifully renamed the St. Regis).
But the Ritz-Carlton, completed in 2011, did it first. Elegant and tall as a bank tower, it brought glam, buzz and even community—thanks to the residences above—to a once sad stretch of Wellington. It’s also the site of Curb Appeal’s top post this week: a 1,900-square-foot two-bedroom unit on the tower’s 25th storey. It comes with a private elevator, housekeeping, a 24-hour concierge and access to a suite of five-star amenities.
Today, there are too many hotel-condo hybrids to count. And condo king Peter Freed has just announced his own 65-storey version at the corner of Adelaide and Duncan. We’ll have to wait to see how it stacks up against the competition.
Also in today’s newsletter: $22.5 million for palace in North York. Plus, a Yorkville house with a three-storey skylight tower. Visit torontolife.com for all our real estate coverage.