Depending on which way you turn when entering this condo at 55 Front St. East, you could think you've arrived at a swanky open concept soft loft or a diminutive but relatively cozy practical space.

Thankfully for prospective buyers, the unit in question boasts the best of both worlds, with a wide open living room, kitchen, and master bedroom loft on one side, and a smaller TV room and bedroom/office area on the other.

It's a novel design that also pays dividends in terms of the extended terraces that surround the unit on multiple levels. This would be a good place to put up guests, as the separation between sleeping areas is huge.

Design-wise, the usual notes are hit for a luxury unit: high ceilings, large windows, and upscale appliances. It's not quite dazzling, but given the location, the whole package is going to be very attractive to someone who craves proximity to the Financial District.

Besides, who wouldn't want to look down on one of Toronto's most beautiful heritage buildings? This unit basically hovers atop the Flatiron and nearby St. Lawrence Market.

Specs

• Address: #1205 - 55 Front St. East
• Price: $1,895,000
• Bedrooms: 2 + 1
• Bathrooms: 3
• Parking: 2
• Walk Score: 100
• Transit Score: 100
• Maintenance Fees: $1,002
• Listing agent: Douglas Adler, Chestnut Park
• Listing ID: C3986788

Good For

Someone who's making lots of dollars in finance who wants to walk to work during the week, but enjoy the vibe and convenience of the St. Lawrence Market on Saturdays.

Move On If

A couple with young kids might not like the separation between the master and the second bedroom. Alternately, someone looking for a quieter neighbourhood would do well to move along.

Thanks to Bosley Real Estate Ltd., Brokerage for sponsoring our condo of the week. All editorial written and selected by blogTO.