$1M Luxury Apartments in London's Canaletto High-Rise Now Previewing


If it’s to-die-for views you’re after while living in London, Canaletto — the new luxury skyscraper development — could be for you. The 31-story tower on the banks of the Regent’s Canal opened its doors to the public last week, with the marketing suite showcasing the latest in five-star waterside living.

Scheduled for completion in 2015, the tower will comprise of 190 apartments ranging from studios to large three-bedroom premier units and one penthouse. It will also boast facilities like a swimming pool, gym, spa, cinema, 24th-story residents’ club with terrace, and a restaurant on the ground floor that will be open to the public. The residents' club’s terrace will offer fantastic views of London and an intimate area boasting a fireplace and fully-equipped bar, creating an ideal space for relaxed business meetings or leisure activities.

Canaletto has been designed by renowned Dutch architect Professor Ben van Berkel, founder of Amsterdam-based UNStudio, and best known for the Mercedes-Benz Museum in Stuttgart, Raffles City in Hangzhou, Scotts Tower in Singapore and the Erasmus Bridge in Rotterdam. The tower is designed with a unique curving façade of aluminum and glass that breaks the volume into a series of three-to-five-story clusters.

“Canaletto will appeal to a wide range of potential home-buyers who are looking for state-of-the-art amenities, an incredible location and a unique aesthetic. Canaletto is a self-contained community that will redefine high-rise living in London,” said Aref Lahham, Managing Director and Founding Partner of Orion Capital Managers, L.P.

Canaletto will also offer high-quality services including hotel-style concierge assistance with the handling of everything from restaurant reservations to theater tickets and travel arrangements to dry cleaning. Studios will initially go on sale from around USD $811,950, while one- and two-bedroom apartments will cost anywhere from approximately USD $1.2M and USD $1.3M respectively.