Price is indeed important when it comes to Toronto luxury condos – you pay for what you get.
It’s time we take a look at the 10 most expensive condos, penthouses, apartments, and lofts in Toronto here in Precondo.
Despite the recent negative news on the luxury real estate market, these high-end condominiums in the city are still well-coveted and in ridiculous demand – whether by the rich and famous or the big dreamers.
1. Shangri La
It’s no surprise that Shangri La by Westbank earns a spot on our list of most expensive condos in Toronto. The stunning and luxury residence features a penthouse, which is rightfully priced at $9.3 million, that offers the most luxurious living conditions.
This condo, which is situated on the 65th and 66th floors, of the Shangri-La, features a spacious outdoor terrace that offers an up-close view of the neighborhood.
Measuring nearly 5,000 square feet, residents have more than enough space to relax and enjoy the stunning views from the penthouse. And it’s not just the penthouse! Shangri La boasts some beautiful condominium units that anyone would love to call home.
2. Yorkville Penthouse
The Yorkville Penthouse is next up on our luxury penthouses list that is listed for $12,900,000. It proudly boasts the title of one of the most expensive condo in Toronto in its upscale neighborhood at 80 Yorkville Avenue. At 5,600 square feet, this is indeed not your average residence.
This luxury condo in Toronto comes in the form of a 3-bedroom plus den unit with a plethora of amazing features like spacious walk-in closets, marble floors, great views of the city and an impressive fireplace.
Seeing as the selling price does not include monthly condo fees of almost $5,000 and taxes that may exceed $20,000 each year, the Yorkville Toronto penthouse is no doubt a home for the rich and famous, and it’s a contender for the most expensive condo in Toronto.
3. St. Regis
You can’t miss the luxury St. Regis residence in Toronto’s beautiful skyline. With loft unit for sale ranging from $2,675,000 to $3,315,000, it’s undoubtedly one of the most luxurious homes in the city. 
The condo is indeed worth the price tag, with exclusive features; such as a fully equipped gym, party room and some of the greatest views that you will find in the city.
“The St. Regis brand, which was founded by John Jacob Astor in the early 20th century, is known for its insanely attentive service, as well as perks like midnight supper and afternoon tea. The hotel will even have butlers on hand to unpack suitcases, steam dresses and draw baths.”
– Jean Grant, Toronto Life
4. The Florian
Overall, The Florian condo for sale by Diamante Development Corporation is an impressive and luxury development, but it’s the luxury unit atop the penthouse that gets all the attention today. For a price of $15,800,000, it’s not just one of the most expensive condo in Toronto – it’s also one of the most luxurious residences and apartment that you’ll find in the entire country, with features such as Venetian plaster, pearl inlays, and marble floors.
5. Ritz Carlton
You can’t mention Toronto luxury condos without mentioning the Ritz Carlton. This one of the best penthouses and comes with a sale price range of $1,596,000 to $3,544,450, with units ranging from 1,233 square feet to 10,854 square feet; earning its label as one of the most expensive condos in the city.
It’s also ideally located amidst a classy selection of restaurants, entertainment venues, and high-end shopping locations.
Boasting stylishly designed suites, the Ritz Carlton features a luxury and state-of-the-art design with beautiful finishes and amenities that you’ll only find in the most expensive homes, apartments, and lofts in Toronto. Amenities include 24-hour concierge, spas, and diners with meals prepared by famous chefs; all aimed at giving residents their money’s worth.
6. Museum House
Anyone who lives at Museum House will tell you that it is a luxury home that’s worth every penny. As one of the most expensive homes in Toronto, Museum House was carefully designed with attention to even the smallest details to ensure satisfaction.
The 5,700 sq. ft. penthouse offers residents the once in a lifetime opportunity to live lavishly. This is truly one of the most expensive penthouses in Toronto.
From the outdoor terrace, residents can enjoy panoramic views of Toronto’s skyline and the waters. Priced at $3,450,000, Museum House features high ceilings and floor to ceiling windows to capture the neighborhood views.
7. Four Seasons
Developed by Lifetime Developments, Four Season features a price tag of $13,900,000 for a four bathroom residence and apartment that takes luxury living to another level. The exclusive loft and penthouse offers residents a house in a beautiful location among the most luxurious homes, with everything that you need to live a vacation-like lifestyle within reach.
Boasting a unique blend of colors and modern finishes, Four Season penthouse will satisfy even the fussiest of millionaires who are looking for a luxurious home.
8. Pier 27
This luxury residence went on sale for prices ranging from $2,431,000 to $5,193,000, making it one of the most expensive homes in Toronto. Developed by Cityzen Development Group, Pier 27 Condos is designed to offer condominium living at its finest.
All suites in the condominium boast finish that you’ll only find in the best penthouses. Situated on Yonge St, the stunning development has some of the most amazing views of the skyline and the lakefront. 
9. Nobu Residences
With luxury units for sale ranging from $1,419,900 to $1,589,900, this 49 story U-shaped loft has a fantastic array of features that allow it to contend for the title of most expensive penthouse in Toronto. Nobu Residences is not just a place to live; it’s a place to dine and appease your taste buds with an exclusive selection of restaurants for apartment residents to explore.
This luxury condo is also located in an area with a vibrant nightlife in the city with plenty to do. Amenities that make this one of the most expensive penthouses in Toronto include: a gym, a massage room, a yoga room, a spin studio, hot tubs, a cold plunge, a wet steam room, and more.
10. 346 Davenport
346 Davenport Condos offers luxury units for a price range of $2,574,900 to $5,074,900. The penthouse features a total of 35 units ranging in size from 1976 to 2801 square feet, and they are all uniquely developed to provide lavish living accommodations for the rich and famous.
From the stunning views to the exclusive amenities, this luxury residence has everything that you would expect to find in one of the most expensive penthouses in Toronto.
The most sought-after luxury condos in Toronto are always the most expensive and luxurious, but the catch is — they’re also the best!
1. Jean Grant, What we know about the new St. Regis, the luxury hotel that will replace Trump Tower, retrieved from https://torontolife.com/real-estate/condos/know-new-st-regis-luxury-hotel-will-replace-trump-tower/
2. Christopher Hume, Pier 27 condo complex turns conventionality on its side — literally, retrieved from https://www.thestar.com/life/homes/2015/02/12/pier-27-condo-complex-turns-conventionality-on-its-side-literally.html