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Development News

Last three Aura at College Park penthouses released for sale

When construction of the Aura at College Park building at Yonge and Gerrard started in 2010, few Torontonians, except the developers and planners, would have guessed the dramatic imprint the 80-storey building would make on the Toronto skyline.
The tallest residential tower in Canada stands apart (and uphill) from the financial district’s skyscrapers, and all the more so since this summer, when they turned on the LED-lighting feature. Designed by Mississauga-based Graziani + Corazza, the bold vertical lines running down the building’s top stories for two hours each night have helped Aura command even more visual attention across downtown.
“It’s been off the charts how much feedback we’ve been getting about the lighting feature. Everyone’s really excited about it, thinking it’s really changed the skyline of Toronto, making it iconic,” says Riz Dhanji, vice president of sales and marketing at developer Canderel Residential, who estimates the feature cost about $1 million. “I’ve been to New York, London and other major cities and haven’t seen anything like it.” (On the other hand, the mall in the Aura’s basement hasn’t gotten nearly such great reviews.)
Though most of Aura’s 994 suites were presold before the building was completed last fall, the three last penthouse units have just been released for sale this week, the last phase of a very, very long rollout. The 80th-floor units range in size from 2,201 to 3,055 square feet and in price from $2.4 million to $3.7 million. Unsurprisingly, they offer fantastic views which Canderel showed off to media during a tour of two of the suites on November 11. “You can’t really appreciate the fact that you’re 80 storeys high unless you see the incredible view. These are really one-of-a-kind suites,” says Dhanji.
Although this is the last big announcement coming from Canderel about Aura, there’s one last amenity residents of the building are waiting on—the city park being redeveloped between Aura and next door neighbourhood College Park. Revitalization of the small square, originally built on top of parking garage in the 1980s, is slated to be completed next spring.
Writer: Paul Gallant
Source: Riz Dhanji
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