Signifying the continued steady growth of high-end real estate in Toronto, Camrost-Felcorp is now launching one of the most interesting pieces of penthouse real estate in the country, with the new release of Imperial Plaza Sky Penthouses.
David Feldman, president and CEO of Camrost-Felcorp Inc., is pleased to announce a first-time partnership with custom home builder and designer Joe Brennan of Brennan Custom Homes Inc., to provide purchasers with a groundbreaking opportunity to custom design up to 10,000 square feet of upscale living space. This opportunity marks a new milestone in Camrost-Felcorp’s transformation of the former Imperial Oil building at 111 St. Clair West.
Framed by a three-storey glass podium and oversized terraces, Imperial Plaza Sky Penthouse homeowners are surrounded by vistas that extend across Southwestern Ontario. On the crest of the St. Clair Escarpment, panoramic views include residential greenery and Toronto’s varied skylines from midtown to the financial district all the way to the lake. “There is an incredible indoor-outdoor relationship in a space like this,” says Brennan.
Double-height libraries with skylights, home theatres with screens that span entire walls, private gyms with squash courts, kitchens with walk-in pantries, wine cellars, and up to 4,000 square feet of outdoor living space equipped with bars, outdoor kitchens and living areas, even a rooftop infinity pool, are just some of the possibilities.
“Anything you would design in a luxury home you can have here,” says Brennan. From open concept to classic formal, contemporary to high tech, Brennan will work one-on-one with Sky Penthouse purchasers to design and build out each space to their exact specifications and style.
“This is about upscaling not downsizing,” says Brennan. “When you build a custom mansion in the sky you are creating an environment where you can truly spend your time doing the activities you enjoy the most. But because this is a penthouse, your sense of space and light is enhanced.”
Says Hunter Milborne, president of Milborne Real Estate Inc., “Over the last few years, Toronto has seen a growing demand for high-end condo residences ranging between 1,000 and 10,000 square feet. It’s no longer an exception to sell a $4-million-plus condo and as more Torontonians trade in their large homes for a luxury ‘turn-key’ lifestyle this reality will continue to grow.”
Imperial Plaza Sky Penthouses are part of Imperial Plaza’s Private Residence collection that offer homeowners access to exclusive amenity areas including a private lobby with an express elevator and concierge service, as well as a premium lounge and fitness gym.
Once the headquarters of Imperial Oil Ltd., Imperial Plaza stands as an architectural legacy for the city of Toronto and a tribute to mid-century modernism. Built with a limestone facade and welded-steel frame construction, the building is most known for its dramatic polished marble lobby housing York Wilson’s two mural masterpiece “Story of Oil.”
With over 8,000 residential units, more than three decades of experience and an abundance of awards, Camrost-Felcorp is recognized as a major force in transforming Toronto’s iconic structures. Notable revitalization projects include the $500-million redevelopment of the former Four Seasons Hotel property in Yorkville into the New Residences of Yorkville Plaza, and Kings Court Condominiums at King and Sherbourne that successfully incorporates the heritage facade of the former Canadian Imperial Bank of Commerce Building.
“I’ve been involved with distinctive architecture throughout my entire career with strong passion for revitalizing great structures,” says David Feldman. “Imperial Plaza is a unique project from beginning to end. It has fantastic scale and detail unlike anything else in the city along with unprecedented views.”