Toronto, Ontario has so much to offer for real estate investors. Despite what recent headlines might say on the contrary, in reality, Toronto Canada’s high-end condominiums are still extremely coveted — from the rich and famous to the big dreamers.
Even British royalty wants a slice of the Toronto real estate pie, with Prince Harry and Meghan Markle reportedly looking at buying a base here too. With such a wide appeal, luxury condos in Toronto, Ontario are being snapped up fast.
Ready to see some of Toronto’s finest luxury real estate for yourself? It’s time to take a look at the 10 most expensive penthouses for sale in Toronto here at Precondo.
1. Shangri La
It’s no surprise that Shangri La Penthouse earns a spot on our list as one of the most expensive condos in Toronto, Canada. On the market for $9.3 million, this stunning luxury condo residence features its own corner penthouse. The building offers some of the most decadent living conditions that Toronto has to offer.
Situated on the 65th and 66th floors of the Shangri-La, the penthouse features spacious outdoor balconies that offer an up-close view of the neighbourhoods. The condo measures in at almost 5,000 sq ft, balcony included. So, residents have more than enough space to relax and enjoy the beautiful views from the floor to ceiling windows of their new condo.
Other condominium units are also available within the Shangri-La, making this a truly versatile development. If you are researching ‘luxury condos Toronto’, your search has brought you to the right location with a penthouse in Shangri-La.
2. Yorkville Penthouse
The Yorkville Penthouse is next up on our luxury condos list, coming in at a cool $12,900,000. Named after the area it’s based in – upscale Yorkville in Downtown Toronto, this real estate penthouse property is a contender for the title of ‘most expensive condo in Toronto’. At 5,600 sq ft, this is not your average condo.
This is one of the new listings in the luxury Toronto condos in the York region. It has 3-bedrooms plus a den and corner unit. There’s also a plethora of amazing features like spacious walk-in closets, a dreamy fireplace and marble floors. Not forgetting those all-important spectacular views of the city. Toronto, Ontario has never looked better.
The cost doesn’t include monthly fees of almost $5,000 and taxes that may exceed $20,000 each year. That makes the Yorkville Toronto penthouse exclusively for the elite.
3. St. Regis
If you are on the hunt for exquisite condos and other real estate, then you can’t miss the luxury St. Regis penthouse in Toronto’s beautiful skyline. With loft units for sale ranging from $2,675,000 to $3,315,000, it’s undoubtedly a fine example of the most luxurious homes in the city. 
The condo is indeed worth it. With exclusive features such as a fully equipped gym and a party room, the St. Regis brings 5-star hotel living into your everyday life. This of course, includes 24-hour room service and cleaning that’s also available to condo residents.
“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 new development with its own penthouse. However, it’s the exquisite unit atop the penthouse that gets all the attention today. For a price of $15,800,000, it’s up there with the most expensive pieces of real estate in Toronto. The Florian condo is also an example of some of the most luxurious residences and apartments that you’ll find in the entire country.
Just like you’d expect with such an esteemed property, it comes complete with features such as Venetian plaster, pearl inlays, and marble floors.
It’s one of the most unique condos Toronto has to offer.
5. Ritz Carlton
You can’t mention ‘Toronto luxury condos’, without including the Ritz Carlton. The corner penthouse is between $1,596,000 to $3,544,450. Condo units range from 1,233 sq ft to 10,854 sq ft, the corner unit being the most spacious.
The Ritz Carlton is up there with some of the most expensive real estate you’ll find in Toronto. It’s located amidst a classy selection of restaurants, entertainment venues, and high-end shopping locations.
Like you’d expect for such a price tag, it boasts stylishly designed suites. Throughout, the Ritz Carlton features decadent, state-of-the-art design. It has been completed with beautiful finishes and amenities that you’ll only find in the most expensive penthouses, homes, apartments, and lofts in Toronto.
Amenities include 24-hour concierge, spas, and dinners with meals prepared by famous chefs. City residents will certainly get their money’s worth.
6. Museum House
Museum House is the perfect fusion of contemporary design for a penthouse in a modern city setting. Complete with lush greenery that adorns the outside of the building, and rustic materials such as limestone and glass that are featured on the inside, Museum House is a show-stopping feat of architecture. The building has been carefully designed with attention to detail on even the smallest elements, to ensure satisfaction across each of its luxury condo properties.
The 5,700 sq ft penthouse property also includes an outdoor terrace, massive bedrooms, and multiple luxury bathrooms. Here, owners can enjoy panoramic views of Toronto’s skyline and the waters on a fabulous main terrace. Costing $3,450,000, Museum House features high ceilings and floor to ceiling windows to capture the view of the neighbourhoods. When it comes to finding luxury condos along Bloor Street, Museum House should be top of your list.
7. Four Seasons
Luxury condos in the city of Toronto don’t come much grander than this lavish penthouse property developed by Lifetime Developments. A corner unit is on the market for about $13,900,000. This four-bathroom residence and apartment complex takes luxury living to another level.
The corner unit is an exclusive loft and penthouse and offers owners a house in a beautiful location, among the most luxurious of homes. Included with this condo is everything that you need to live a vacation-like lifestyle within reach of Toronto.
Boasting a unique blend of colours and modern finishes, this penthouse will satisfy even the fussiest of millionaires who are looking for a luxurious home. So, when it comes to finding a home that’s fit for the ‘luxury condos Toronto’ search, you really can’t go wrong with a corner unit on this luxury condo.
8. Pier 27
This exclusive residence went on sale with units costing between $2,431,000 and $5,193,000. This puts it right up there with the most expensive homes in Toronto. Developed by Cityzen Development Group, Pier 27 is designed to offer penthouse living at its finest.
All new suites in the condominium boast a finish that you’ll only find in the most well-coveted luxury living penthouse properties. Situated on Yonge St, the stunning condo development with its floor to ceiling windows has some of the most amazing views of the Toronto skyline and the panoramic lake vistas 
9. Nobu Residences
With Nobu Residences, you are definitely getting something extraordinary. The luxury units range from $1,419,900 to $1,589,900. So, if you are looking for something a little less expensive but still within the top range, this penthouse condo is an option to consider.
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’. Though, for a few million less than our other contenders in the city. As it’s part of the famous restaurant chain loved by Hollywood celebrities, Nobu Residences doubles as a location to dine and appease your taste buds too.
This luxury penthouse condo has a selection of huge family room and stunning kitchen interior. It is located in an area with a vibrant nightlife with plenty to do. Amenities that make this expensive penthouse in Toronto stand out include a gym, a massage room, a yoga room, a spin studio, hot tubs, a cold plunge, a wet steam room, and more. Like with any luxury condo, all your needs will be met with Nobu Residences. It takes city living to a whole new level.
10. 346 Davenport
Close to both Rathnelly and Yorkville communities, 346 Davenport penthouse offers luxury properties with multiple bedrooms between $2,574,900 to $5,074,900. The penthouse features a total of 35 units ranging in size from 1976 to 2801 square feet of luxury living. They are all uniquely developed for those looking for luxury living accommodations.
From the stunning views to the exclusive amenities, this new luxury penthouse residence has everything that you would expect to find in one of the most expensive penthouses in the area.
We hope you enjoyed taking a peek at our top luxury condos and penthouse Toronto has to offer. The most sought-after Toronto penthouses for sale are always the most expensive and luxurious. But as is clear the high-spec finish and excellent location are reflected in the price tag.
Make sure to check out our luxury condos for sale here at Precondo by clicking on this link and selecting ‘VIP Sales’. New listings, and pre-construction condos in different parts of Canada are added regularly so bookmark the page to be updated.
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