About our correspondent: Matt Vardy is a creative agent specializing in photography, design and video with a focus on real estate in the Greater Toronto Area. We’re glad to collaborate with him for this next original story.


It all started with a short walk to Bar Buca on Portland Street. My meeting with “The Wolf of King Street” Mariana Iordanova of PSR Brokerage was off to an eclectic start. “The atmosphere is so great here” she continued, “you can share a table with a total stranger; it’s great for business and so refreshing. And you gotta eat here. It’s so good”. I have to agree the shop had great vibes, the coffee was fantastic and it was conveniently located next door to her office and just around the corner from our destination–the penthouse at 500 Wellington Street.

M_V_7625 M_V_7529

The 500 Wellington Penthouse is approx. 6200 sq/ft. and encompasses the entire top floor of the boutique building, offering unbeatable wraparound views of the Toronto city skyline from a westside vantage point. Two private elevators travel to the unit, giving the owner multiple access points and options.

M_V_7662 M_V_7581 M_V_7585

A few pieces of furniture and random fashion ­inspired artworks such as a mannequin sitting on the kitchen counter were among the surprises found inside the apartment. Mariana was quick to give the Mannequin “bunny ears” and it was immediately clear to me that she was no ordinary sales representative.


She doesn’t take herself too seriously and has an outgoing personality that is bright and full of energy. But don’t take her too​ lightly because Mariana means business. She is fluent in Italian, Serbo-Croatian and Bulgarian and prior to switching her career into real estate, Mariana worked for one of Canada’s largest banks as Manager of Business Banking, managing a range of high net worth portfolios. She has her loyal flock of clients due to her fierce drive and negotiation flair. Even with a perfect poker face, the mannequin wouldn’t stand a chance.

This full­ floor penthouse includes three bedrooms, floor to ceiling windows, double­-thick marble countertops and gourmet appliances throughout made by Sub Zero Pro, Viking and Gaggenau.

Mariana, with a Buca coffee in hand, offered me a Peroni and our tour of this exclusive residence went from great to absolutely awesome.

M_V_7641 M_V_7547 M_V_7539

Directly off the gourmet kitchen is the living room with a wood burning fireplace and marble feature wall. Past one of the two elevator lobbies and down the hall and you’ll find the huge master bedroom with floor to ceiling windows and walk out patio on the northeast corner of the building.


Thanks to the unique trend of low to mid­rise buildings being constructed in the fashion district area, at only 10 floors up, you can enjoy an amazing unobstructed panoramic view of downtown Toronto and the harbourfront.


Directly off the master bedroom is a custom marble ensuite washroom, of course, with a soaker tub, his and hers designer sinks and marble standup shower with rectangular rain shower head.

M_V_7623 M_V_7621 M_V_7616

Without question, the most unique and spectacular feature of this property is the 2000 sq/ft. private terrace on the south side with raised glass pool, hot tub and outdoor kitchen. Can you imagine how amazing this would look in the summer months, with friends and family gathered around with the city sounds and lights glowing at your feet? Indeed even with the pool drained for winter maintenance I was still taken by the beauty of this scene. The penthouse at 500 Wellington offers the ultimate fashion district condo lifestyle experience second to none.

Special thanks to Mariana Iordanova of PSR Brokerage for the lovely showing and feel free to contact her for additional information about this amazing property. But be advised, she’s a wolf in sheep’s clothing!

M_V_7656 M_V_7649 M_V_7657

Matt Vardy
Toronto Correspondent

Matt is a creative agent (website) specializing in photography, design and video with a focus on real estate in the Greater Toronto Area. His work has caught the attention of professional athletes, billboard-charting musicians and leading brands such as Warner Bros. Records, L’Occitane En Provence, Air Canada, TRUMP, Empire Communities and more. For him, the most enjoyable thing about real estate is witnessing the traits that make each and every home unique.