The Most Expensive Houses in Toronto
If you’ve ever wanted to know which houses cost the most in Toronto, here are 10 of the city’s priciest pads.
By Emily Southey | 7 minute read
Like most major cities, the cost of real estate in Toronto varies considerably. While the average price of a home in the Greater Toronto Area (GTA) sits somewhere around $1.35 million, you’ll find homes on the market worth a lot more and a lot less than that. In this article, we’re exploring the most expensive properties currently for sale in Toronto.
1 Bloor Street #Lp7900 — $34,700,000
The most expensive property currently for sale in Toronto is a condominium unit located at 1 Bloor Street. The property is a lower penthouse located on the 79th floor of the building and the sale price is $34,700,000. It offers 8,752 square feet of living space, consisting of 5 + 1 bedrooms and 7 bathrooms. It is a full-floor residence with unparalleled views and natural light pouring in from every direction, not to mention sleek interiors of marble and wood as far as the eye can see. Building amenities include a 24-hour concierge, custom-designed, high-speed elevators, an outdoor terrace, a sculpture garden, a billiards room, a spa, and a state-of-the-art fitness centre with a yoga studio and Pilates room. The lower penthouse at 1 Bloor Street is located in the ritzy neighbourhood of Yorkville, where upscale restaurants, lavish real estate, and luxury retailers abound.
1 Bloor Street #Ph 8202 — $31,620,000
Moving on to 1 Bloor Street #Ph 8202, the second most expensive pad currently for sale in Toronto. Located in the same building as the condo above, this penthouse unit is made up of 3 + 1 bedrooms and 5 bathrooms. Similar to the lower penthouse mentioned above, this 1 Bloor Street unit boasts sweeping views of the city and features heavy marble and wood accents. Residents have access to all building amenities, including the spa, sculpture garden, and fitness centre, as well as the surrounding neighbourhood of Yorkville. Yorkville has long been regarded as one of the ritziest parts of Toronto, home to flagship stores of global brands, a plethora of art galleries and museums, including the Royal Ontario Museum, and top-tier restaurants.
“The most expensive Toronto property currently on the market is the lower penthouse condo at 1 Bloor Street, which has a listing price of $34,700,000.”
88 Forest Heights Boulevard — $29,800,000
88 Forest Heights Boulevard could be yours for $29,800,000, which makes it the third most expensive home currently for sale in Toronto. The detached home was created by celebrated master architect, Richard Wingle. 88 Forest Heights Boulevard is the height of luxury, featuring European-style architecture, manicured landscaping, and a heated driveway. The home encompasses 6 + 1 bedrooms (including a separate detached guest suite), 11 bathrooms, 14 garages, 20 parking spots, luxurious brand-name furniture, and much more. Plus it’s located in North York, nestled near the upscale neighbourhood of Bayview Village (known for being one of the greenest parts of the city). The property was previously listed in 2014 for $2,890,000 and sold for $2,500,000.
11 High Point Road — $27,000,000
11 High Point Road (a street you’ll see multiple times on this list) is home to the fourth most expensive property currently for sale in Toronto. With a listing price of $27,00,000, this private gated mansion is located in the famed Bridle Path neighbourhood of North York. It features 9 + 4 bedrooms, 14 bathrooms, 26 parking spots, and about 1,700 square metres of living space (in addition to a detached coach house suite). Other to-die-for features include a soaring cathedral reception hall with marble floors, a dramatic Scarlett O’Hara staircase, a Poggenpohl finished kitchen with quartz countertop and Wolf appliances, a spa, swimming pool, cabana, gym, tennis court, and multiple terraces. Sold data reveals that the house was up for sale in September 2014 with a listing price of $14,800,000, but the listing was terminated. It was then put up for sale again in November 2015 with a listing price of $12,800,000, but the listing expired.
19 High Point Road — $25,000,000
A stone’s throw away from 11 High Point Road is 19 High Point Road, the fifth most expensive property for sale in Toronto. This luxury property has a current listing price of $25,000,000 and consists of 6 + 2 bedrooms, 14 bathrooms, 30 parking spots, and over 2,400 square metres of sprawling living space. Plus, the property sits on about one manicured hectare and features a sports court (great for basketball, squash, or a golf simulator), tennis courts, a skating area, indoor desert gardens, a pool and hot tub, finishes by world-renowned Gluckstein Interiors, and a sweeping concrete staircase. 19 High Point Road is in the Bridle Path, home to upscale shopping, top schools, and lots of green space.
45 Bayview Ridge — $24,500,000
A French-style chateau like no other in Toronto, 45 Bayview Ridge is one of the most expensive houses currently for sale in Toronto, with a listing price of $24,500,000. The property was designed by famous Canadian architect Gordon Ridgely and offers unobstructed southwest views of the Rosedale Golf Club. The property also features 6 + 2 bedrooms, 10 bathrooms, 10 parking spots, both indoor and outdoor pools, a wine cellar, a sauna, a fitness room, and a 1.26-hectare double lot in the Bridle Path neighbourhood.
20 High Point Road — $20,000,000
Going back to the Bridle Path’s High Point Road is another of Toronto’s most expensive houses, 20 High Point Road, with a listing price of $20,000,000. This lavish mansion sits on an almost one-hectare lot and is made up of 5 +1 bedrooms, 10 bathrooms, and 12 parking spots. Other amenities include a grand entryway with a sculpture, water fountain, and circular driveway, a walk-out basement with a nanny’s quarter, a bar, sauna, fitness room, tennis court, dance floor, party and games room, a gardener’s apartment with its own entrance, and an elevator. 20 High Point Road has been on the market on and off for the last 19 years. However, the last time it changed hands was in August 2007, when it was sold for $5,750,000, $252,000 over asking.
101 Old Colony Road — $19,800,000
The last property on our list of the most expensive houses in Toronto is 101 Old Colony Road. Located near Bayview Village, known for its first-rate dining, shopping, and green space, 101 Old Colony Road has an asking price of $19,800,000, making it the only property on this list below $20,000,000. The luxury, almost 1,400-square-metre mansion consists of 5 + 1 bedrooms, 10 bathrooms, 20 parking spots, a cabana, a pool, manicured gardens, a two-storey cathedral gallery, a master retreat with a terrace, a piano bar, a gym, an architectural wine cellar, a Four Seasons-inspired spa, and a theatre room. 101 Old Colony Road has been listed four times since February 2021, with listing prices fluctuating between $19,900,000 and $21,950,000. However, each listing has ultimately been terminated.
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Amenities of the Most Expensive Houses in Toronto
When reading through the list of Toronto’s priciest pads above, you may have noticed a few similarities among the properties. More than high square metres or being located in ritzy neighbourhoods, many of the city’s most expensive properties share the same amenities. From indoor pools to wine cellars, we break down some of the most luxurious amenities you’re likely to find in Toronto’s most expensive houses.
Outdoor swimming pools can increase the value of your home, but some luxury properties take things a step further with indoor swimming pools. Indoor swimming pools are not only easier to maintain but they’re more practical, allowing residents to use them year-round as opposed to just during the summer.
Many luxury properties in Toronto feature wine cellars. If you’re a wine collector, buying a home with a private cellar can be extremely appealing. Though wine cellars can technically be placed anywhere in a house, they are best suited to places that are dark, cool, and humid, such as basements.
Another amenity you might find in a luxury home in Toronto is a sauna. Portable, free-standing saunas are now being incorporated into bathrooms, pool areas, or backyard decks of expensive properties.
Home gyms are nothing new, but where luxury properties take things to the next level is with in-home fitness studios, like yoga or Pilates studios.
One final amenity you might find in an expensive home in Toronto is none other than a theatre room. Theatre rooms are essentially private movie theatres, allowing residents to watch a movie on a big screen from the comfort of their homes. Home theatres are usually built in windowless rooms and can feature screens up to 3.4 metres in size.
Frequently Asked Questions
What is the most expensive property currently on the market in Toronto?
The most expensive Toronto property currently on the market is the lower penthouse condo at 1 Bloor Street, which has a listing price of $34,700,000.
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