Apartments I Can’t Afford – Homes for the Ultra Rich

The Most Expensive Home in Canada

If you’re in the market for the best property money can buy then look no further than Vancouver, B.C. Earlier this year the exclusive downtown penthouse in Coal Harbour went on the market for CDN $58,888,000, which makes it the priciest Canadian home to be listed on the MLS.

This custom designed, upscale penthouse features two full stories, and over 8,000 square feet of living space. It has a spectacular panoramic view of the ocean, mountains, Stanley Park, Lions Gate bridge, and English Bay. The drawback for most apartments is a lack of parking spaces. But you won’t have that problem here. This luxury pad comes with a private garage for 7 cars. 🙂

Luxury Living Near Central Park

What if you have lots of money and want to live on the east coast? Well not to be outdone, New York City has its own selection of ultra expensive homes for sale. A duplex penthouse on the top of the new One57 skyscraper in Manhattan sold last year to an anonymous buyer for US $100,500,000. Nope, it wasn’t me. 😛 At an incredible height of 1,000 feet (~300 m) tall, you can see just about everything from this penthouse. It has unparalleled views of Central Park, the Hudson and East Rivers, and nearly every New York landmark on the horizon. Wow. Imagine waking up to that view every morning. 😀

Located on the 89th and 90th floors, this 11,000 square feet apartment comes with a steam room, a library, a movie theatre, and 6 bedrooms including a rather large 550 square feet master suite. Not surprisingly, this sky high apartment also comes with sky high expenses. The estimated maintenance cost is around $18,000 per month, which actually isn’t bad considering the apartment’s value, eh?

On Top of the World in the Mediterranean

If you don’t like large, crowded cities and prefer to live in a mild climate throughout the year, then perhaps you can shop for a home in Monaco, an independent city-state on France’s south-east coastline. If you fancy the most expensive apartment in the world then this exclusive 5 floor penthouse above La Tour Odeon in Monaco can be yours for roughly US $300,000,000. 

It may be expensive, but how many apartments come with a built in pool and water slide? 😉 Not to mention this home has an unobstructed 360 degrees view of the skyline and the Mediterranean Sea. On a cost per square footage basis, Monaco’s real estate is more expensive than even London, New York, and Tokyo. To put things into perspective, US $1 million (CDN $1.35 million) can only buy you a 220 sq. ft. micro-loft in Monaco.

Personally I wouldn’t buy these super posh apartments even if I had hundreds of millions of dollars. Being financially discreet is more rewarding to me. But just as a fun thought experiment, if you could live in any of these apartments for one full week, free of cost, which one would you choose? I would probably go with the One57 penthouse in New York because it’s the tallest building out of the three and I’ve always wanted to visit the Big Apple. 🙂


Random Useless Fact:

Playing around with Google image search can lead to some unexpected results.

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12/29/2016 9:19 am

I wonder if that BC penthouse is Jim Treliving’s of Boston Pizza and Dragon’s den. I know it said on one of the intros to DD he had built the most expensive one. That looks like it could be it, it had a living room with huge windows like that when it showed parts of it but I’d say every new penthouse has glass like that and high ceilings…

What a life that must be to live there…

12/29/2016 2:51 pm
Reply to  Stephen

had the same thought when i saw it too…

01/30/2021 8:52 pm
Reply to  Stephen

1169 w cordova street in vancouver is his condo.

12/31/2016 11:01 pm

I love looking at real estate listings for fun! I have zero plan of moving, but I wouldn’t mind spending a week in a penthouse in New York! I’ve never been there, so that’s more of the attraction than the penthouse really though…