Cheapest Penthouses For Sale in the GTA Under $750,000

Living that luxurious penthouse life is still possible without breaking the bank

Written By — As the founder of Strata.ca, Robert is one of Ontario’s leading experts on the GTA condo market. He is also the Broker of Record at Slate Realty.

Have you ever thought to yourself that owning a penthouse in the GTA is a far-off dream? Think again. There are a number of penthouses on the market in and around Toronto going for less than $750,000.

While a penthouse is defined as being a unit on a building’s highest floor — they typically offer larger spaces, panoramic views and some have features unique to the top floor.

Even with a hot housing market, there are plenty of unique penthouses available for less than $750,000, so you can live a life of luxury without totally breaking the bank. From two-storey units to idyllic suites with built-in fireplaces, there are plenty of penthouse condos for sale in Toronto, Richmond Hill, Brampton and Durham with a certain je ne sais quois that’ll have guests saying ‘wow’ upon entry.

39 Annie Craig Dr, Unit 1705 | $599,000 | Etobicoke

This stunning corner unit in Etobicoke boasts 10-foot ceilings and a wraparound balcony. The one bedroom plus den has 546 square feet of open concept space, so you can make the most of the natural light pouring in through huge windows. During the cold winter months, you can cozy up in front of the gas fireplace encased in a custom feature wall.

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8 Lisa St, Unit 2907 | $624,000 | Brampton

Wraparound windows and a wood burning fireplace give this unit a little something extra. With two beds plus den and two baths, this 1,249 square foot penthouse has plenty of living space for you to call ‘home’. The west-facing suite comes with stunning views of Brampton, Mississauga, Toronto and Norton Pond. The building isn’t short on amenities either. From indoor and outdoor pools to a tennis court and game room, The Ritz Towers have a lot to offer.

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109 Wolseley St, Unit 501 | $699,000 | Toronto

Location, location, location! This penthouse is in the heart of the trendy Toronto neighbourhood of Trinity Bellwoods. The unique space has an industrial vibe with exposed concrete walls and ventilation. There’s a stunning skylight so you can make the most of the sun all day long. And that skylight isn’t the only place you’ll be getting some sun — this penthouse boasts a 78 square foot balcony. As if that weren’t enough, this west end suite also features a gorgeous custom quartz island plus nine foot ceilings.

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1240 Marlborough Crt, Unit 1104 | $699,900 | Oakville

The design of this Oakville penthouse offers the luxury and brightness of an open concept space while leaving room for privacy. The two bed, two bath unit boasts nearly 1,300 square feet of functional layout. A large dining space just outside the kitchen is the perfect place to host a dinner. The bedrooms offer plenty of room, with the primary bedroom complete with walk-in closet and 4-piece ensuite bath. The only drawback to this gorgeous property is that there’s no outdoor space. However, the building itself offers an outdoor pool for those hot summer months.

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370 Highway 7 E, Unit PH19 | $750,000 | Richmond Hill

Here’s your chance to own a rare corner unit penthouse in one of Richmond Hill’s most in-demand buildings. If high-rises aren’t your thing, but clear panoramic views are a must, this suite is the perfect mix. Located on the 10th floor of the Royal Gardens Condos, you can enjoy peaceful northwest views of the GTA from your own rooftop terrace. Among the many upgrades, the newly added kitchen island with quartz countertop is probably our favourite!

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