Toronto’s real estate market is starting to bounce back from the far-reaching impacts of interest rate hikes in 2022 and 2023. Prices are slowly beginning to trend up in the city, and that’s only expected to rise as we head into the summer. As for the ultra-luxury market in Toronto, there are a few expensive homes changing hands — and here are five homes that are currently on the market and are listed well into the millions.

$28 million for a forested architectural beauty

30 High Point Rd. is currently the most expensive home on the market in Toronto right now, and it’s easy to see why. Designed by renowned architect John C. Parkin, this eight-bedroom, 12-bathroom concrete wonder may be in the middle of the city, but nestled among trees, residents would easily feel like they’ve escaped to cottage country. With 3.5 levels all above ground, the property is designed for all-day, year-round sunlight, and features an indoor meditation garden, indoor and outdoor pool, hot tub, guest apartment and a primary suite with a separated office on the main floor for that remote work living. Spanning approximately 26,000 square feet,

$25 million for a uniquely-designed mansion in the Bridle Path

With five bedrooms, 11 bathrooms and 21,000 square feet of living space, 103 Old Colony Rd. is all about living an experience of luxury, comfort and convenience. Located on approximately one acre of land, you’ll get plenty of privacy as you enjoy amenities that include a full tennis court, swimming pool, cabana with a fully equipped kitchen and bar and hot tub. And the property itself was designed to pay homage to the nature around it — conceptualized by Michael McCann, renowned architectural visionary and Lisa Mandel McCann, architectural designer, the home uses natural elements such as stone, walnut, white oak, bronze, limestone, marble and quartz throughout. Other perks include an in-home entertainment centre/theatre, indoor simulator for the sports enthusiasts, a spa with wet and dry saunas, chef’s gourmet kitchen including a discreet custom caterer’s kitchen and a world class commercial grade wine room.  

$19.998 million for a dramatic Georgian mansion

When you think of a classic mansion, it’s 11 High Point Rd. that comes to mind. With nine bedrooms, 14 bathrooms, an entry hall with marble floors, a library and a billiard room, every room in this sprawling Bridle Path home is spacious and elegant. The entranceway features a circular driveway around a very stately fountain. The primary bedroom features a ballroom-sized walk-in closet along with a marbled ensuite bathroom that seems to be from a different area — and if that wasn’t enough, there’s a sitting room attached with its own fireplace for relaxing. There’s also a pool in the backyard for the warmer months, and a separate coach house suite for entertaining. You might recognise this home from the big screen — the exterior was used as Regina George’s home in Mean Girls.

$19.8 million for a grand gated estate 

With over 15,500 square feet of living space, five bedrooms and 11 bathrooms, the Bridle Path home at 19 Country Lane has a unique shape that was custom built with herringbone hardwood and Italian marble. The open layout includes a chef’s kitchen and a family room that opens to an outdoor living space. The lower level has everything you could ever need, including a wine cellar, game room, cigar lounge, gym, massage room and sauna. The backyard is even more stunning, with a concrete pool and spa, outdoor kitchen with a built0in barbecue and wood-burning pizza oven and a guest house.

$17.6 million for a European-inspired home in St. Andrew-Windfields

At 17 Chieftain Cres., there’s a newly-constructed property that’s home to five bedrooms and nine bathrooms over 8,500 square feet. With some standout features that include a second kitchen, fully panelled theatre room with reclining chairs, a gym with a stone wall steam room and a bar and lounge area. The most unique room might be the wine cellar — custom built with its own lounge and psychedelic walls. The backyard includes a modern pool and hot tub along with a patio with outdoor heaters.