Please complete your profile to unlock commenting and other important features.

Please select your date of birth for special perks on your birthday. Your username will be your unique profile link and will be publicly used in comments.
Narcity Pro

This is a Pro feature.

Time to level up your local game with Narcity Pro.

Pro

$5/month

$40/year

  • Everything in the Free plan
  • Ad-free reading and browsing
  • Unlimited access to all content including AI summaries
  • Directly support our local and national reporting and become a Patron
  • Cancel anytime.
For Pro members only Pro
Summary

Former Maple Leafs Player Is Selling His Toronto Penthouse & It's $800K Cheaper Now (PHOTOS)

But, you'll still need millions to afford it...

199 Richmond Street West, Toronto, Ontario.

199 Richmond Street West, Toronto, Ontario.

Editorial Partner

Even sports stars are taking a hit in Toronto's tumultuous real estate market. Former Maple Leafs' center, Nazem Kadri, has lowered the price of his downtown Toronto penthouse by a staggering $880K.

PH102 at 199 Richmond Street West was initially listed for $5.3M in June 2022, but was taken off the market after more than 100 days without a sale. The three-bedroom, three-bathroom abode has now been re-listed by three brokers, Ramin Khaze, Lina Porretta, and Francesco Porretta, with a $4.5M asking price.

One of only two penthouses on the floor, the unit offers over 3,200 square feet of luxurious living space and five balconies.

Floor-to-ceiling windows surround the home on three sides, flooding every room with natural light and providing sweeping views of the Toronto skyline.

The Specs

  • Address: PH102 -199 Richmond Street West
  • Bedrooms: 3+1
  • Bathrooms: 3
  • Size: 3,259 sq. ft.
  • Price: $4,500,000
  • Listed by: Forest Hill Real Estate

The home's open-concept layout was configured with entertaining in mind and allows for a seamless flow from room to room.

The kitchen features integrated Miele appliances, an espresso bar, and a large marble island. A built-in bench with sleek channel tufting can be found in the adjoined breakfast area.

The unparalleled media room is outfitted with a marble media unit with a fireplace, built-in ceiling speakers, and expansive windows.

A serene escape above the city, the oversized primary suite offers a six-piece, spa-like ensuite, a spacious walk-in closet, and a private balcony.

Luxurious and refined, warm and inviting, PH102 is, as the listing boasts, "worthy of a Stanley Cup champion."

Living, Dining, and Kitchen

Media Room

Beds and Baths

The View


The post Kadri Takes a Hit: Former Maple Leaf Re-Lists Penthouse with $800K Price Drop appeared first on STOREYS.

Explore this list   👀

    • STOREYS is an editorial partner of Narcity Media. STOREYS is the leading real estate news site in the country, providing the most accurate and up-to-date coverage of the Canadian market.
    • Writer

      Mira Nabulsi (she/her) was a Writer for Narcity Media with over five years of journalism experience. Before joining the team, she worked at Xtalks and Discovery Channel. Mira graduated from Toronto Metropolitan University (formerly Ryerson University) with a Master of Journalism and completed her undergraduate degree from York University. But, now she loves to eat and taste all the different cuisines and culinary experiences the world has to offer.

    This enchanting small town set on a BC island was named among North America's 'most peaceful'

    Sandy beaches, ancient forests and a cozy town — anyone?. 🌲

    Canada's housing market is set to get cheaper and 5 cities are dropping more than Toronto

    A buyer's market is finally taking shape across much of Canada. 🏡

    We compared a basket of 11 items at Costco, Loblaws, Sobeys & Walmart and prices vary so much

    The difference between the most and least expensive totals is $79.73! 👀

    New data reveals the 'most peaceful' places to live and Canadian towns demolished US ones

    Five Canadian towns were named the most serene on the continent. 🍁