TLDR;
A penthouse in London's Old South neighborhood is listed for nearly $2.6 million, potentially setting a record as the city's most expensive condo. The unit features high-end finishes, a prime location, and unique amenities.
- The condo is located in Wortley Village and includes three bedrooms, four bathrooms, and a private outdoor pool.
- The asking price is considered high but reflects the attention to detail and quality of the unit.
- If sold at the listed price, it would surpass previous high-end condo sales in London.
Penthouse in Old South Listed for Record Price
A penthouse condo in London’s Old South neighborhood has been listed for nearly $2.6 million, potentially marking a new record for the most expensive condo ever sold in the city. Located in Wortley Village at 122 Wortley Rd., the "boutique condo" features 268 square meters of living space, including three bedrooms and four bathrooms, with high-end finishes throughout. The condominium development includes a covered, ground-level garage and an outdoor pool.
Unique Features and High-Quality Construction
Peter Jones, who built the unit with his partner Brian Baillargeon, believes the asking price is justified due to the thought and attention to detail invested in the property. Jones mentioned that building the same unit today would be prohibitively expensive due to rising costs, emphasizing the superior details and finishes. Realtor Shahin Tabeshfard noted that if the property sells for its asking price, it would significantly exceed the prices of other high-end condos in London, some of which have reached $1.5 million.
"House in the Sky" with Prime Location
Tabeshfard describes the penthouse as a "house in the sky" because of its terrace, views, and pool, which are rare for condos in London. The unit overlooks Thames Park and is a 10-minute walk from downtown. It features 3.4-meter ceilings, an in-floor heating system, and a partly covered terrace with two fireplaces and large window doors that cost over $50,000 alone.
Investment and Appreciation
The penthouse is the largest of the seven units in the building, with some units having sold for over $1 million in recent years. Jones emphasizes that the condo is not run-of-the-mill and that the asking price reflects the extensive work and investment put into the property. He encourages potential buyers to view the unit to appreciate its unique qualities and craftsmanship.