House prices are so high in Toronto that it sometimes feels like you have to be a millionaire just to afford one. But while that’s not entirely true, some of the city’s most expensive properties beg to differ.
A March 2019 report by Roomvu, a Vancouver-based digital marketing company for realtors, found that the priciest properties in Toronto range from a mere $8.9 million to $25 million. To put that in perspective, the average price of a home in the GTA is $1,130,046, according to data released in January by the Building Industry and Land Development Association (BILD).
What’s even more astounding, however, is that the price tag of Toronto’s most expensive property — a converted historic church in Yorkville — doesn’t even come close to the priciest property in Canada. That magic number is $59 million, and you’ll never believe where this estate is located!
Surprisingly, it isn’t in Vancouver where you’d expect. Scroll down to find out which city owns the title of having the most expensive property, and to see the top 10 properties with the biggest price tags in Toronto.
10. 99 Old Colony Rd. — $8.99 million
This 12,050-square-foot home has five beds and nine baths.
9. 265 Forest Hill Rd. — $9.29 million
This home has five beds and eight baths. (Note: Square footage not listed.)
8. 22 Hedgewood Rd. — $10.65 million
This 15,000-square-foot home has five beds and nine baths.
7. 53 Highland Cres. — $12.8 million
This 13,000-square-foot home has six beds and nine baths.
6. 382 Old Yonge St. — $14.88 million
This 16,000-square-foot home has six beds and 13 baths.
5. 229 Dunvegan Rd. — $14.99 million
This home has five beds and 10 baths. (Note: Square footage not listed.)
4. 61 Old Forest Hill Rd. — $15.68 million
This home has six beds and 10 baths. (Note: Square footage not listed.)
3. 29 Bayview Rdge. — $15.8 million
This 13,000-square-foot home has five beds and nine baths.
2. 91 Old Colony Rd. — $15.8 million
This 20,000-square-foot home has five beds and 11 baths.
1. 33 Hazelton Ave. — $25 million
This 6,346-square-foot property has three beds and four baths.
And Canada’s most expensive property is in Oakville, Ont.
1150 Lakeshore Rd. E. — $59 million
This 43,850-square-foot home has six beds and 13 baths.