The 905's Priciest Condo

RICK EGLINTON/TORSTAR

TORSTAR NEWS SERVICE
December 21, 2011 Until now, 60 Absolute Dr. in Mississauga was the address for the celebrated “Marilyn Monroe” building, one of a pair of curvy skyscrapers that wind their way into the clouds.

Now it is also the address for the most expensive condo in the 905.

A 56th-floor penthouse in the iconic tower, with 180-degree views of the lake and the city’s skyline, is up for sale for $3.2 million, a price that is generating a lot of buzz. Set at the corner of Hurontario St. and Burnhamthorpe Rd., the Absolute towers, as they’re properly known, are the daring outcome of an international design competition won by MAD Architects of Beijing. The first tower, quickly dubbed the Marilyn for its sinuous shape — which took complex computer calculations to build — proved so popular the builders decided to erect a second tower.

Together they constitute the most recognizable and talked-about project beyond Toronto’s borders, Myers pointed out. “It is one of the most desirable addresses.”

The price tag of $3.2 million may be a new high for Mississauga, but it’s still peanuts compared with Toronto. A 55th-floor penthouse atop the Four Seasons Hotel Private Residences in Toronto sold for $28 million in May.

Posted via email from Markham Real Estate Today with Asif Khan