The largest and one of the most expensive condos in Canada has been purchased by Anthony Di Iorio for C$28 million ($21 million) at the St. Regis Residences Toronto, the former Trump International Hotel & Tower in the downtown business district. The unit includes a wrap-around patio facing the city’s skyline at the corner of Bay and Adelaide Streets, totaling 16,178 square feet (1,502 square meters).
The mentioned hotel is owned by InnVest Hotels LP and operated by Marriott International Inc. as the Adelaide Hotel Toronto, it will soon be rebranded once the renovation is finished.
As a co-founder of Ethereum, Di Iorio got into the cryptocurrency rage on the ground floor. He was participating in Toronto’s early blockchain community, now the leading option to the Bitcoin platform, and was also a part of the initial team that put together Ethereum.
As of now, the currency that runs on Ethereum – Ether – has a market value of approximately $50 billion opposed to Bitcoin’s $115 billion.
Canada’s biggest condo may have been bought, though it’s not the most expensive according to Toronto Life magazine. A billionaire and chief executive officer of Mattamy Homes Ltd. live in a Four Seasons penthouse in the city that was purchased for C$31 million.
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