$3,500,000
For sale: Apartment

Welcome to Penthouse 16 at Governors Hill, one of Toronto's most prestigious luxury residences. Offering an extraordinary 6,375 square feet of refined living, this one-of-a-kind penthouse combines a beautifully appointed 3,755-square-foot interior with an unparalleled 2,500-square-foot private terrace overlooking a spectacular ravine with south & west exposures. Ravine views from every room. With floor-to-ceiling windows & multiple skylights, the interior is immersed in natural light. The principal spaces flow effortlessly from the expansive living room to a dramatic glass-enclosed dining room & a chef's kitchen appointed with custom millwork, 48" Sub-Zero Fridge, Miele dishwasher, a Jenn-Air cooktop, breakfast area, & a dumbwaiter to the terrace. A warm & inviting family room, complete with a fireplace & custom wet bar, offers the perfect setting for intimate gatherings. Upstairs, a remarkable flex space with a 3pc ensuite presents endless possibilities as a media lounge, executive office, fitness studio, or guest suite. The primary suite opens directly onto the main floor terrace, featuring a dressing room & a spa-inspired 8-piece ensuite with a jetted soaker tub & private sauna. All 3 bedrooms have ensuite washrooms, generous proportions, exceptional storage, & ravine views.The approximately 2,500 sqft spectacular terrace is unlike anything else in the city, a private, very quiet, outdoor oasis surrounded by mature trees & lush landscaped gardens, complete with multiple entertaining & dining areas, full irrigation, & service elevator access. Life at Governors Hill is defined by impeccable service & exceptional amenities. Residents enjoy a 24-hr gated entrance & concierge. Resort-like amenities inc. a saltwater indoor pool, squash courts, indoor pickleball court, gym, fitness facilities, guest suites, library, large party room with kitchen, elegant entertaining spaces, beautifully maintained grounds, billiard room & multiple guest parking.
Sold data
Apartment homes in Toronto (Bedford Park-Nortown) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 53, across 2,905 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.
The median sale price was $569,999.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 2,905 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Bedford Park-Nortown) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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