Luxury Homes for Sale in Toronto , ON

Listings last updated 09/30/2022
    • 12 BedsBds
    • 16 BathsBa
    • Single Family
    Map
    $17,888,000 CAD
    • 7 BedsBds
    • 9 BathsBa
    • Single Family
    Map
    $16,595,000 CAD
    • 5 BedsBds
    • 8 BathsBa
    • Single Family
    Map
    $14,900,000 CAD
    • 5 BedsBds
    • 7 BathsBa
    • Single Family
    Map
    $12,500,000 CAD
    • 6 BedsBds
    • 9 BathsBa
    • Single Family
    Map
    $11,250,000 CAD
    • 6 BedsBds
    • 8 BathsBa
    • Single Family
    Map
    $10,990,000 CAD
    • 6 BedsBds
    • 6 BathsBa
    • Single Family
    Map
    $9,695,000 CAD
    • 7 BedsBds
    • 9 BathsBa
    • Single Family
    Map
    $9,595,000 CAD
    • 7 BedsBds
    • 10 BathsBa
    • Single Family
    Map
    $9,350,000 CAD
    • 5 BedsBds
    • 4 BathsBa
    • Single Family
    Map
    $9,258,000 CAD
  • Get price drops notifications & new listings right in your inbox!

    • 5 BedsBds
    • 7 BathsBa
    • Single Family
    Map
    $8,995,000 CAD
    • 4 BedsBds
    • 5 BathsBa
    • Single Family
    Map
    $8,880,000 CAD
    • 7 BedsBds
    • 9 BathsBa
    • Single Family
    Map
    $8,800,000 CAD
    • 5 BedsBds
    • 8 BathsBa
    • Single Family
    Map
    $8,388,000 CAD
    • 6 BedsBds
    • 7 BathsBa
    • Single Family
    Map
    $7,995,000 CAD
  • Map
    $7,900,000 CAD
1 - 24 of 2,146 Results

Frequently Asked Questions

What is considered a luxury home?

Luxury homes are prime pieces of real estate that exude refinement and exclusivity. Offering privacy and ample living space, these upscale properties are usually custom-built using premium materials and boasting luxurious designs. A lavish home showcases not only interior elegance, but also exterior appeal and provides high-end amenities inside and out. What’s more, luxury homes also usually have a story or history attached to them — they were either built by a prominent architect or are situated in a prestigious location. Showcasing steep price tags, professional real estate guidelines typically place high-end properties in the top 5% or 10% of the local housing market. People who buy luxury homes are usually high-net-worth individuals.

What is the difference between a house and a mansion?

While a standard house entails typical floor plans and amenities, a mansion is an imposing, single family luxury home with opulent and extravagant details.

What qualifies a mansion as a mansion?

Boasting a higher-than-average number of square feet and excess bedrooms and bathrooms, a mansion is much more than a big house for sale. Rather, it comes with high-end finishes and top-of-the-line appliances, as well as energy-efficient systems and smart home features. Sitting on huge lots of land, luxury mansions also boast breathtaking landscaping and unique architectural details. The typical designs for these buildings include classical, colonial or Victorian styles. They also offer some of the finest amenities and can entertain large groups of people. For example, mansions usually include commercial-grade kitchens and multiple common areas and leisure spaces — such as great rooms; lounges; games and theater rooms; gyms; spa facilities; pools; tennis courts; gardens with water features; hiking trails; guest houses; and so on.

What is the difference between a house and a villa?

A villa is a luxury property typically located in the countryside or on the coast. While a standard house is a family’s primary living residence, a villa is used as a retreat or is rented out as a vacation home when not occupied. A villa is a refined luxury estate with an airy design, including rich amenities and providing seclusion. These luxe properties usually come with lovely outdoor landscaping and boast a patio/terrace, a front garden and a private pool. They are either single detached or semi-detached and are part of a gated community, typically within a resort.

How do I find mansions for sale near me?

Mansions nearby are just a few clicks away on Point2. Check out the list of available expensive houses for sale on the website and select the ones near your location using the map view.

How many luxurious houses for sale are available in Toronto, ON?

On Point2, you’ll find 2,146 luxury homes for sale in Toronto, ON, with prices ranging from $1,000,000 to $27,000,000.

How do I search for Toronto, ON luxury homes for sale?

Finding Toronto, ON luxury real estate has never been easier on Point2. Simply filter the available listings according to price, square footage, number of bedrooms and bathrooms, or any amenities you might be interested in. Price drops are another feature at your disposal. This is especially useful in finding mansions for sale in Toronto, ON that have reduced their asking prices in the last six months. Just be sure to save your search in order to receive new high-end listings that match your preferences directly to your inbox.

Open Houses in Toronto, ON

$7,688,000 CAD
Open House
Sat, 1 Oct 2:00 PM to 4:00 PM
  • 5 BedsBds
  • 5 BathsBa
  • Single Family
$5,588,000 CAD
Open House
Sat, 1 Oct 2:00 PM to 4:00 PM
  • 5 BedsBds
  • 4 BathsBa
  • Single Family
$4,995,000 CAD
Open House
Sun, 2 Oct 2:00 PM to 4:00 PM
  • 6 BedsBds
  • 6 BathsBa
  • Residential

CITY GUIDE
TORONTO, ONTARIO

Although it may not be the capital, Toronto, Ontario is Canada’s most populated city, with over 2.7 million people. Covering an area of 630 sq./km, the city has a 46-kilometre long waterfront shoreline and sits on the northwest shore of Lake Ontario. Toronto enjoys a humid continental climate and distinctive seasons, and experiences fairly cold winters and hot, humid summers. Due to the passing of water systems and its positioning close to Lake Ontario, the weather is unpredictable and snow is a frequent occurrence in winter.

As an international metropolis for business, arts, culture, and finance, Toronto is an extremely desirable city for residents, immigrants, and visitors. The city is known for its striking skyline, cosmopolitan vibe, strong economy, and bustling atmosphere, as well as a number of cultural hotpots and attractions. The city has a large variety of green spaces and city squares, and has a bustling performing arts scene with over fifty ballet companies and a very strong film and television industry. Key attractions include the Toronto Zoo, the Art Gallery of Ontario, and the Eaton Centre. Its major league sports include hockey, basketball, baseball, football, and soccer.

The city is very multicultural, and celebrates its diverse population and the heritage of its residents. No single culture or nationality dominates its population; rather it’s a melting pot of different heritages – in fact, it’s thought that over half its resident population was born outside of Canada, with over 140 spoken languages in the city.

Popular areas in Toronto include: High Park, East York, North York, Old Toronto, Scarborough, Etobicoke, and York.

Toronto, Ontario

Toronto, Ontario
real estate market overview

Real Estate Market Overview

Toronto boasts a strong and growing real estate market. A lack of inventory, especially for single-family homes, is driving a price increase which is making it more of a seller’s market. Many buyers are moving towards suburban areas due to Toronto’s price growth, and research suggests that semi-detached or detached homes will continue to be in hot demand.

Toronto is comprised of a number of neighbourhoods in the city and the suburbs, each of which expresses a distinctive character. Property consists of everything from condos in high-rise buildings in the downtown core, to Victorian and Edwardian-style buildings in residential areas such as The Annex, Yorkville, and Rosedale, to small, single-family post-war homes.

real estate market overview

Luxury Real Estate Market Overview

Toronto has a booming luxury real estate market, especially for detached homes. The term “luxury” can be interpreted differently, but in a hub like Toronto it generally refers to properties priced $2 million upwards. The luxury housing market has experienced solid and consistent growth in recent years, with detached homes noting a boost of 89% in 2016 compared to the year prior. While luxury condos haven’t seen as much of an increase – 26% in 2016 – the market is still very hot. Condos account for a small segment of the luxury market priced over $2 million, whereas detached single-family homes are much more in demand.

The rise in Toronto’s luxury real estate market can be attributed to a price increase across the board, as well as low inventory and high demand, particularly for single-family homes. The luxury housing market demand is driven primarily by local move-up buyers, followed by foreign buyers. The high demand for luxury properties in the Greater Toronto Area has led to a spill over effect in other areas – similar to the situation in Vancouver – and more suburban areas, such as Oakville, are seeing luxury property prices increase. The city is made up of nearly 250 neighbourhoods (some not officially recognized, but still prominent), with affluent areas including The Annex, Summerhill, Yorkville, and Deer Park. The city’s mansions generally lie northeast of Downtown, with C12 being one of, if not the most, expensive neighbourhood in the Greater Toronto Area.

luxury real estate market overview

Read more about living in Toronto, Ontario.

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