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Toronto’s multi-million dollar condo market sits at the very top of the city’s real estate landscape. These are not typical condominium purchases — they’re architecturally significant homes, often located in landmark buildings, offering privacy, space, and services that rival the world’s best urban residences.

In Toronto, multi-million dollar condos typically begin around $3 million, with premier penthouses and full-floor suites reaching well beyond $5 million and $10 million. Buyers are drawn to features like expansive layouts, soaring ceiling heights, private elevators, full-service amenities, and unobstructed city or lake views — all paired with prestigious addresses in neighbourhoods such as Yorkville, Downtown Toronto, and along the waterfront.

For many buyers, these properties serve as primary residences, luxury pied-à-terres, or long-term investment holdings in buildings with limited supply and strong resale appeal. Availability is often tight, and a meaningful portion of transactions happen quietly, through private or off-market channels rather than public listings.

Below, you’ll find a curated selection of multi-million dollar condos for sale in Toronto, along with insights into the buildings, neighbourhoods, and buying considerations that matter most at this level. If you’re exploring the upper end of Toronto’s condo market, this is where the conversation begins.

Multi-Million Dollar Condos for Sale in Toronto

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1-12/83

  • 4602/03 183 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12453860

    4602/03 183 Wellington Street W Waterfront Communities C1 Toronto M5V 0A1
    Main Photo: 4602/03 183 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12453860

    4602/03 183 Wellington Street W Toronto M5V 0A1 Waterfront Communities C1

    $22,500,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12453860
    Bedrooms:
    3
    Bathrooms:
    5
    Welcome to Cielo Alba, Residences of The Ritz Carlton, the epitome of luxury condominium living in Toronto. This extraordinary Approximately 6,000 square feet unit offers the trifecta of a perfect location, a world-class building, and a one-of-a-kind residence for your unparalleled urban lifestyle. 180 panoramic views, 10 and 11 foot ceilings, Poliform Millwork, 10 Foot Frameless Doors, 1000 bottle Wine Cellar, this is an ultra rare option for those seeking the upmost in elegance and condo living in Toronto. If you're seeking an elevated level of pampering and personalized attention, there's no other destination that quite compares. More details
    Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA
    LISTING DETAILS
    MARK SAVEL

  • 3802 200 Cumberland Street in Toronto: Annex Condo Apartment for sale (Toronto C02) : MLS®# C12707124

    3802 200 Cumberland Street Annex Toronto M5R 0B7
    Main Photo: 3802 200 Cumberland Street in Toronto: Annex Condo Apartment for sale (Toronto C02) : MLS®# C12707124

    3802 200 Cumberland Street Toronto M5R 0B7 Annex

    $17,800,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12707124
    Bedrooms:
    3
    Bathrooms:
    4
    Nestled in the heart of Yorkville, Canada's premier luxury neighbourhood, this extraordinary 4,012 sq. ft. Executive Suite at Yorkville Private Estates delivers a living experience like no other. Never offered before, this residence showcases the highest level of craftsmanship and materials sourced globally. Every detail has been thoughtfully curated to appeal to the most discerning buyer. Elevated high above, revel in the stunning views of the Toronto skyline, captivating both day and night. For car enthusiasts, the property features a rare, enclosed garage with 6 parking spaces, including one with an EV charger, along with 3 private lockers for additional storage. Highlights include: ***Exquisite Interiors: Custom Cabinetry and Millwork crafted by Mar- Tec Woodworking. ***Bespoke Detailing: Wrapped leather columns, handpicked California hardware by ADH Fine Hardware, and custom-designed cabinetry set this home apart. ***Artisanal Finishes: Custom Murano & Baccarat light fixtures, Costa Marble installations, and 7" custom Sapele wood flooring by Rosewood Flooring elevate every space. ***Masterful Design: Designed by Tomas Pearce, the residence includes a 12-foot custom fireplace by The Fireplace Specialists and an artfully crafted backsplash by world- renowned artist Rob Baylor. ***Five-Star Amenities: Enjoy 24-hour concierge, valet, two gyms, an indoor pool, golf simulator, party room, and an expansive rooftop terrace. This Executive Suite perfectly blends elegance and functionality, delivering the ultimate balance of luxury, privacy, and sophistication in one of Canada's most exclusive neighbourhoods. Yorkville is renowned for its fine dining, high-end shopping, and cosmopolitan allure. This lifestyle offers seamless access to Toronto's vibrant cultural and social scene. A true crown jewel in the sky. More details
    Listed by CORCORAN HORIZON REALTY
    LISTING DETAILS
    MARK SAVEL

  • PH 181 Davenport Road in Toronto: Annex Condo Apartment for sale (Toronto C02) : MLS®# C12457321

    PH 181 Davenport Road Annex Toronto M5R 1J1
    Main Photo: PH 181 Davenport Road in Toronto: Annex Condo Apartment for sale (Toronto C02) : MLS®# C12457321

    PH 181 Davenport Road Toronto M5R 1J1 Annex

    $17,500,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12457321
    Bedrooms:
    4
    Bathrooms:
    8
    The pinnacle of luxury living in a truly unique Penthouse, occupying the entire floor of an intimate boutique condominium building in Yorkville. This spectacular residence boasts fabulous panoramic views in every direction, offering a breathtaking perspective of the city skyline and the lush tree-lined streets below. Floor-to-ceiling windows bathe each room in natural light, with balconies and terraces from every room. Every detail has been meticulously curated and finished to the highest conceivable standard. Two direct elevators open directly into the private marble foyer . Custom millwork, premium heated stone floors with inlays, designer lighting , smart home automation and premium architectural detail, this penthouse showcases uncompromising quality and sophistication. Simply exceptional entertaining spaces with a wonderful grand sized 'great room' , a wine lounge, even a separate gallery area. Ownership includes a separate one bedroom guest/nanny/office suite, accessed through a private elevator. Incredibly generous primary bedroom occupies an entire wing with TWO decadent marble ensuites and TWO fitted dressing rooms, and two more well sized bedrooms with their own ensuites and walk in closets. Plus a private rooftop terrace with outdoor kitchen and entertaining area with a gas fire table and outdoor TV. This is perfect blend of privacy, exclusivity, and convenience, with direct elevator access to the residence, private terraces, and ample space for both grand entertaining and tranquil relaxation. And Yorkville's renowned dining, shopping, and cultural amenities just steps away, this is a rare chance to own a signature home in the city's finest neighbourhood. More details
    Listed by HAZELTON REAL ESTATE INC.
    LISTING DETAILS
    MARK SAVEL

  • 2503/2504 50 Yorkville Avenue in Toronto: Annex Condo Apartment for sale (Toronto C02) : MLS®# C12663576

    2503/2504 50 Yorkville Avenue Annex Toronto M4W 0A3
    Main Photo: 2503/2504 50 Yorkville Avenue in Toronto: Annex Condo Apartment for sale (Toronto C02) : MLS®# C12663576

    2503/2504 50 Yorkville Avenue Toronto M4W 0A3 Annex

    $12,500,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12663576
    Bedrooms:
    4
    Bathrooms:
    5
    This extraordinary suite at the Four Seasons Private Residences in Yorkville redefines luxury living in the heart of Toronto. This is not just a residence but an elevated lifestyle reserved for a select few. Created by merging two units into a single masterpiece, the suite spans approximately 5000 square feet with soaring 10' ceilings, presenting the scale and poise of a home in the sky. Enter via two private elevators directly into an elegant foyer of epoxied and honed marble, then step into luminous living spaces framed by floor-to-ceiling windows with sweeping south-west-east unobstructed views and two expansive private terraces.The culinary centrepiece is a chef inspired kitchen featuring custom Kobi cabinetry, two waterfall edge Statuario marble islands and fully integrated Subzero and Miele appliances. Rich walnut and Xorel panels, Moncer custom Herringbone Oak Hardwood flooring and a floating fireplace showcase meticulous design throughout. Four generous bedrooms and five bathrooms - including a primary ensuite with heated floors, Vola plumbing fixtures, honed Calacatta Oro epoxy filled mosaic detailing and large walk in closet - offer sanctuary and luxury in equal measure.Comfort and ambiance are seamlessly managed via two hvac units with concealed returns and linear vents. Residents enjoy world class Four Seasons services: 24/7 concierge, full service spa, valet parking, indoor pool, state of the art gym and wellness centre, room service, house keeping and culinary options include Cafe Boulud and D bar lounge, all in a secure refined environment More details
    Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA
    LISTING DETAILS
    MARK SAVEL

  • 703 118 Yorkville Avenue in Toronto: Annex Condo Apartment for sale (Toronto C02) : MLS®# C12673218

    703 118 Yorkville Avenue Annex Toronto M5R 1C2
    Main Photo: 703 118 Yorkville Avenue in Toronto: Annex Condo Apartment for sale (Toronto C02) : MLS®# C12673218

    703 118 Yorkville Avenue Toronto M5R 1C2 Annex

    $11,480,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12673218
    Bedrooms:
    4
    Bathrooms:
    5
    Luxury living,Exquisite Custom Yorkville Residence At The Most Iconic Boutique Building Known For Privacy & Exclusivity, Prestigious Hazelton Hotel A 5 Star Coveted Private Elevator Access To Over 6,300 Sf. Sun Filled Corner Suite. Featuring Direct Elevator, 6 Terraces, 5 Fp, Soaring Coffered Ceilings W/ Custom Plaster, Gold & Gold-Leaf Embellishments. Italian Marble Heated Floors Throughout. Imported Furniture Style Solid Wood Panelling & Custom Built-Ins By World Renowned Designer-Arch. Unparalleled Features & Finishes. The Sun Filled Space. Breathtaking S/W+N Vistas. Sophisticated & Chic Principal Rms. Chef Inspired Kit. With Top Of The Line Built-In Appliances And Expansive Centre Island. Palatial Office W/ Opulent, Climate-Controlled Wine Cellar. Primary Retreat W/ One Of A Kind His & Her Boudoirs Complete With Walk-In Closets & Luxurious His & Her Ensuites. Central Yorkville Location W/ Best Restaurants, Shops & Amenities At Your Doorstep. **EXTRAS** All existing appliances, All existing draperies More details
    Listed by LUXURY INTERNATIONAL REAL ESTATE INC.
    LISTING DETAILS
    MARK SAVEL
    To access this listing,
    please create a free account

  • 5602 180 University Avenue in Toronto: University Condo Apartment for sale (Toronto C01) : MLS®# C12654960

    5602 180 University Avenue University Toronto M5H 0A2
    Main Photo: 5602 180 University Avenue in Toronto: University Condo Apartment for sale (Toronto C01) : MLS®# C12654960

    5602 180 University Avenue Toronto M5H 0A2 University

    $10,990,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12654960
    Bedrooms:
    3
    Bathrooms:
    4
    Truly A Gem, Gem, Gem, Signature Suite". Over 4400 S.F Of Luxury W/Stunning Unobstructed Panoramic Views in Luxurious and prestigious Shangri-la Private Estates. Rarely Does An Opportunity Come Along To Own the signature suite "Never Before Lived In" Private Estate In The Luxurious Shangri La Residences. The Jaw Dropping Space You Will Embrace The Grandeur & Scale Enhanced By The Soaring 20 Ft Ceilings, Floating Glass Staircase & Glorious Natural Light. All Bedrms Have Ensuites, W/I Closets & Private Balconies. Uncompromising Quality & Opulence W/Italian Boffi Kitchen, High End Integrated Appliances & Light Herringbone Flrs. This Epitomizes 5 Star Luxury Living At It's Finest. More details
    Listed by LUXURY INTERNATIONAL REAL ESTATE INC.
    LISTING DETAILS
    MARK SAVEL
    To access this listing,
    please create a free account

  • LPH2 33 Chatsworth Drive in Toronto: Lawrence Park South Condo Apartment for sale (Toronto C04) : MLS®# C12683020

    LPH2 33 Chatsworth Drive Lawrence Park South Toronto M4R 1R6
    Main Photo: LPH2 33 Chatsworth Drive in Toronto: Lawrence Park South Condo Apartment for sale (Toronto C04) : MLS®# C12683020

    LPH2 33 Chatsworth Drive Toronto M4R 1R6 Lawrence Park South

    $8,080,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12683020
    Bedrooms:
    4
    Bathrooms:
    4
    Welcome to The Chatsworth, an exclusive boutique residence offering timeless elegance in the heart of Lawrence Park South. This expansive lower penthouse features 3,423 sq. ft. of refined interior space plus a 269 sq. ft. private terrace with stunning south-facing views over the Chatsworth Ravine. With soaring 10-ft ceilings, floor-to-ceiling windows, and a thoughtfully designed layout including a separate family room, this 3-bedroom + office residence blends classic design with modern sophistication. The Italian-designed kitchen features custom cabinetry, integrated appliances, dramatic stone countertops, and full-height slab backsplash. The primary suite offers a large walk-in closet with custom built-ins and a spa-inspired ensuite with a freestanding tub, glass-enclosed shower, double vanity, and water closet. The second bedroom also enjoys ravine views and luxurious finishes. Interior finish and design customization options available. Additional features include smart lighting and climate controls, gas and water line on the terrace, full-size laundry room, and keyless entry. Two parking spots and a spacious locker valued at $400,000 are included in the asking price.The Chatsworth is an exclusive boutique building with only 29 suites, offering an executive 24-hour concierge, elegant lobby, fitness studio, and multi-purpose lounge. Located on a quiet residential street just steps from Yonge Street, ravine trails, top-rated schools, and convenient transit access, this is a rare opportunity to live in a truly exceptional residence. The listing broker represents the builder for the entire Chatsworth development. Multiple layout options are available for this unit. More details
    Listed by URBAN HOMES REALTY INC.
    LISTING DETAILS
    MARK SAVEL

  • 901 429 Walmer Road in Toronto: Forest Hill South Condo Apartment for sale (Toronto C03) : MLS®# C12543956

    901 429 Walmer Road Forest Hill South Toronto M5P 2X9
    Main Photo: 901 429 Walmer Road in Toronto: Forest Hill South Condo Apartment for sale (Toronto C03) : MLS®# C12543956

    901 429 Walmer Road Toronto M5P 2X9 Forest Hill South

    $7,879,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12543956
    Bedrooms:
    3
    Bathrooms:
    4
    This is 429 Walmer, a new icon of luxury in Forest Hill. With captivating architecture by Arcadis, sumptuous interiors by U31 and around the clock services by Forest Hill Kipling, this exclusive boutique address offers just 48 meticulously appointed residences. Lower Estate 1 features direct elevator entry leading into nearly 3,500 SF of spectacular living space with panoramic S/E/W vistas across Forest Hill, Sir Winston Churchill Park and the Toronto skyline. Every room is bathed in natural sunlight from glorious morning sunrises to postcard perfect sunsets. Superb design details like soaring 11 foot ceilings without bulkheads, separate primary retreat and guest wing, a gas fireplace, gallery sized walls, massive expanses of floor to ceiling glass and a 180 degree 1,382 SF wraparound balcony fitted with a gas BBQ line, are just the beginning. An astounding 18,000 SF of indoor and outdoor social and wellness amenities complete with an array of therapy spaces and even a Wimbledon style indoor pickleball court, are all here. And of course, total peace of mind is assured whether at home or abroad, thanks to Avante's leading edge security technologies. Simply no detail overlooked. This is 429 Walmer, where a beautiful new life awaits. Welcome home. More details
    Listed by HAZELTON REAL ESTATE INC.
    LISTING DETAILS
    MARK SAVEL

  • 1603 77 Charles Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01) : MLS®# C12014824

    1603 77 Charles Street W Bay Street Corridor Toronto M5S 0B2
    Main Photo: 1603 77 Charles Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01) : MLS®# C12014824

    1603 77 Charles Street W Toronto M5S 0B2 Bay Street Corridor

    $6,998,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12014824
    Bedrooms:
    3
    Bathrooms:
    4
    Luxury Living in the Prestigious Yorkville/Bloor Neighborhood of Toronto. Unique Double Unit 2782sq ft. Exquisite style and impeccable finishings throughout make this residence sophisticated and luxurious. Custom Built-in and Walk-in Closets, Hardwood Floors Throughout. The Open Living and Dining Area offers Breath taking view through floor to ceiling windows More details
    Listed by DISTINCTION REALTY LIMITED
    LISTING DETAILS
    MARK SAVEL

  • 3 85 Bedford Road in Toronto: Annex Condo Apartment for sale (Toronto C02) : MLS®# C12654118

    3 85 Bedford Road Annex Toronto M5R 2K3
    Main Photo: 3 85 Bedford Road in Toronto: Annex Condo Apartment for sale (Toronto C02) : MLS®# C12654118

    3 85 Bedford Road Toronto M5R 2K3 Annex

    $6,980,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12654118
    Bedrooms:
    3
    Bathrooms:
    3
    A rare fusion of Edwardian heritage and contemporary design by Taylor Hannah Architects, this 2,700 sq. ft. residence at 85 Bedford Road offers house-like scale with condominium ease. Private elevator access opens directly from the underground garage into your own vestibule -no lobby, no corridor delivering unmatched privacy and security. Inside, 10-foot ceilings, radiant heated floors, and a full-span steel frame create expansive, column-free living. The great room flows seamlessly into a dining gallery and chefs kitchen, designed for both intimate evenings and grand entertaining. A dedicated media room provides a second living core, while three full-scale bedrooms offer flexibility for family, guests, or office use. The primary suite is a true retreat, with spa-inspired ensuite and generous proportions that rival a free standing home. A sculptural metal stair and custom chandelier by THA and Zack Ridgely anchor the historic shell, marrying heritage with artistry. Above, a 480 sq. ft. private rooftop terrace rises above the Annex rooflines, with heated exterior floors extending the season for dining and entertaining. The underground garage - exceptionally rare in Yorkville and the Annex - accommodates 2-3 cars per unit, each with EV charging and water. From your stall, the elevator opens directly into your suite. A full-time property manager, regular maintenance, and daily cleaning of common areas ensure effortless living. Originally an Edwardian Mansion tied to the University of Toronto the structure was rebuilt from triple brick with a full steel frame, lowered four feet to achieve ceiling height and garage access. The result is a boutique residence of only three homes, positioned between two of Yorkville's most prestigious streets. Walkable yet private, historic yet modern, this is a rare opportunity to own a piece of Toronto's architectural legacy reimagined for today. AGENT'S OPEN HOUSE 11-1PM More details
    Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA
    LISTING DETAILS
    MARK SAVEL

  • 300 468 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12398361

    300 468 Wellington Street W Waterfront Communities C1 Toronto M5V 1E3
    Main Photo: 300 468 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12398361

    300 468 Wellington Street W Toronto M5V 1E3 Waterfront Communities C1

    $6,880,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12398361
    Bedrooms:
    4
    Bathrooms:
    3
    The Pinnacle Of Toronto Loft Living In High-Demand King West Neighbourhood. Remarkable Contemporary Space Features Approx 5000 Sqft With Direct Elevator Access, Exposed Brick, Soaring 12 ft Ceilings And Tall South- And West-Facing Windows. 2 Stunning South Facing Juliette Balconies. The Chef's Kitchen, Featuring Stainless Steel Miele Appliances And Long Centre Island, Is Open In Design To The Raised Dining Area, Enormous Living Room Complete With Gas Fireplace, And Expansive Wet Bar - The Perfect Entertaining Space. Primary Suite Features Its Own Gas Fireplace, Large His & Hers Dressing Rooms And An Enviable Spa-Like 7pc Ensuite. The 2nd Bedroom Boasts An Expansive Seating Area To Serve As A Family Room, Plus A Concealed Murphy Bed And 4pc Semi-Ensuite While A Bonus Space Off The Living Room Makes For The Ideal Flex Space For A Home Office, Studio Or 4th Bedroom. An Entertainer's Delight In The Heart Of King West! More details
    Listed by RE/MAX REALTRON BARRY COHEN HOMES INC.
    LISTING DETAILS
    MARK SAVEL

  • 103 33 Chatsworth Drive in Toronto: Lawrence Park South Condo Apartment for sale (Toronto C04) : MLS®# C12683014

    103 33 Chatsworth Drive Lawrence Park South Toronto M4R 1R6
    Main Photo: 103 33 Chatsworth Drive in Toronto: Lawrence Park South Condo Apartment for sale (Toronto C04) : MLS®# C12683014

    103 33 Chatsworth Drive Toronto M4R 1R6 Lawrence Park South

    $6,749,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12683014
    Bedrooms:
    2
    Bathrooms:
    3
    Welcome to The Chatsworth, an exclusive boutique residence offering timeless elegance in the heart of Lawrence Park South. This exceptional ground-floor residence features 2,918 sq. ft. of refined interior space plus a generous 642 sq. ft. private terrace overlooking the peaceful Chatsworth Ravine. Offering rare privacy and natural beauty, this ravine-facing 2-bedroom plus family room residence combines classic design with modern sophistication. With soaring 10-ft ceilings and floor-to-ceiling windows, the thoughtfully designed layout includes a separate family room for relaxed living. The Italian-designed kitchen features custom cabinetry, integrated appliances, dramatic stone countertops, and full-height slab backsplash. The primary suite offers 2 large walk-in closets with custom built-ins and a spa-inspired ensuite with a freestanding tub, glass-enclosed shower, double vanity, and water closet. The second bedroom also enjoys tranquil ravine views and luxurious finishes. Interior finish and design customization options available. Additional features include gas and water line on the terrace, full-size laundry room, smart lighting and climate controls, and keyless entry. Two parking spots and a spacious locker valued at $400,000 are included in the asking price.The Chatsworth is an exclusive boutique building with only 29 suites, offering an executive 24-hour concierge, elegant lobby, fitness studio, and multi-purpose lounge. Located on a quiet residential street just steps from Yonge Street, ravine trails, top-rated schools, and convenient transit access, this is a rare opportunity to live in a truly exceptional residence. The listing broker represents the builder for the entire Chatsworth development. Multiple layout options are available for this unit. More details
    Listed by URBAN HOMES REALTY INC.
    LISTING DETAILS
    MARK SAVEL
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Data was last updated February 3, 2026 at 02:15 AM (UTC)
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Multi-Million Dollar Condos in Toronto: FAQs

What price qualifies as a multi-million dollar condo in Toronto?

In Toronto, a multi-million dollar condo typically starts around $3,000,000, with the upper end extending well beyond $5M–$10M+ for premier penthouses and full-floor residences. Pricing is driven less by price-per-square-foot and more by location, building prestige, layout, views, and privacy.

Where are most multi-million dollar condos located in Toronto?

The majority of Toronto’s multi-million dollar condos are concentrated in:

  • Yorkville

  • Downtown Toronto (Financial District & Entertainment District)

  • The Waterfront

  • Select pockets near Forest Hill and Rosedale

These areas offer a combination of walkability, luxury services, and long-term value retention that buyers at this level prioritize.

What features do luxury condos at this price point usually include?

While no two luxury condos are the same, buyers often expect:

  • Large, open-concept layouts or full-floor designs

  • Ceiling heights well above standard condos

  • Private or semi-private elevators

  • High-end finishes and custom millwork

  • Five-star amenities such as concierge, valet, spa facilities, and private dining spaces

At this level, design and execution matter just as much as size.

Are there off-market or private multi-million dollar condos in Toronto?

Yes — and quite often. A meaningful portion of luxury condo transactions occur off-market or through private networks, particularly for penthouses and ultra-high-value suites. Sellers at this level frequently prioritize discretion, which means some opportunities never appear on public listing platforms.

How is buying a multi-million dollar condo different from buying a typical condo?

The process is more nuanced. Beyond standard due diligence, buyers should pay close attention to:

  • Luxury land transfer tax implications

  • Condo corporation financials and reserve funds

  • Privacy policies and building governance

  • Long-term resale liquidity

Experienced guidance becomes increasingly important as price points rise.

Do multi-million dollar condos hold their value in Toronto?

Historically, well-located luxury condos in iconic buildings tend to be more resilient than the broader condo market. Limited supply, architectural significance, and strong end-user demand help protect long-term value — particularly in Yorkville and downtown core buildings.

Are multi-million dollar condos typically owner-occupied or rented?

Most are owner-occupied, especially larger units and penthouses. However, some buyers purchase luxury condos as pied-à-terres, long-term holds, or executive rentals, depending on building policies and market conditions.

How competitive is the multi-million dollar condo market right now?

Competition varies by building and unit type. While the overall luxury market can move more deliberately, exceptional units — particularly those with unique layouts, views, or outdoor space — often attract immediate interest when priced correctly.

How can Toronto Livings help with buying a multi-million dollar condo?

We help buyers navigate Toronto’s luxury condo market with data-driven insight, discretion, and access — including off-market opportunities. From building selection to negotiation strategy, our role is to help you buy confidently, not just transact.