Toronto real estate prices may be in a course correction, with the average cost of a roof over your head in the 416 projected to fall by a staggering $140,000 in 2023, but it’ll still cost you a pretty penny, Canada’s largest city to call home.
This is less of a problem for some than others, such as those who can buy any house they like.
For the rest of us who just love to stare at wealthy excess, here are the ten most expensive homes for sale in Toronto in the last 30 days that you probably won’t be buying anytime soon.
8000 – 1 Bloor Street St W – $34,981,778
The penthouse suites at The One — currently a contender for Canada’s tallest building — comprise the two most expensive units currently for sale in Toronto, both in the region of 30 times the cost of the average Toronto home.
The most expensive of the bunch is Suite 8000 at 1 Bloor West, currently under construction.
PH 8204 – 1 Bloor St W – $32,000,000
Suite 8204 at The One is just a shade cheaper, but aside from its neighbor in the same building, this lavish home in heaven is still bolder than anything you’ll find on the Toronto market.
46 Teddington Park Avenue – $12,200,000
This may be the third most expensive house available, but it actually used to be a lot cheaper. If you were looking to buy this five-bedroom mansion back in September 2021, it would have cost you almost $15 million, but a series of price drops reflect turbulent times for the luxury housing sector.
33 Green Valley Road – $11,995,000
This five-bedroom Hoggs Hollow property boasts stunning interiors, including a kitchen that looks like it could easily serve as the backdrop for a high-budget cookery show.
Or, if you’re less inclined to dining, the master bedroom’s nine-piece bathroom with wood finishes is sure to impress.
60 Dunvegan Rd – $9,995,000
This absolute redbrick Georgian-style palace offers a totally unnecessary eight bedrooms and eight bathrooms, perfect for the buyer with far too many bickering teenagers or far too little fiber in their diet. Built in 1908, the 9,700-square-foot home may look dated, but its interiors are anything but, with gorgeous modern finishes.
49 Plymbridge Road – $9,980,000
This French chateau-inspired home is another major price drop, originally trading at $12,380,000 when it launched in May 2022, dropping to $11,380,000 in June and most recently falling back to $9,980,000 is – $2,400,000 below the original asking price.
So a relative theft.
62 Hazelton Avenue – $9,150,000
If you’ve ever had a very specific desire to live in your own Wes Anderson movie (no? Me neither), 62 Hazelton Avenue is probably your best local choice.
Located in the prestigious neighborhood of Yorkville, this 5,208 square foot home stands out from the crowd with an expressive and ornate interior fit for a 17th-century French aristocrat.
171 Dunvegan Rd – $8,995,000
Would you pay almost $9 million for a house that only exists on paper? Because that’s exactly what’s happening at 171 Dunvegan, where a massive five-bedroom, eight-bathroom mansion is being approved and awaiting final permits before shovels can go in the ground.
It would come as no shock to see the completed home destined for this lot appearing on future “most expensive” lists at a significant premium.
87 Forest Heights Blvd – $8,888,000
If you’re into Miami Vice’s postmodern look and have close to $9 million to spare, this 12,000-square-foot home in the affluent St. Andrew-Windfields neighborhood comes with all the bells and whistles many 1980s white suits could only dream of could, and a corresponding aesthetic.
7503 – 1 Bloor Street St W – $8,623,888
The cheapest house on this list (cheap is a relative term in this context) will still cost you over $8.6 million, and surprise surprise, we’re back once again with the prestigious skyscraper, located at 1 Bloor West, The One, is under construction.
Units in the tower make up three of the top ten most expensive properties in the city recently, and also make a nice bookend for this list.