Toronto City Council has officially approved another increase to the city’s luxury land transfer tax — a move that will directly impact high‑value home buyers and, indirectly, sellers navigating Toronto’s upper‑end market.
While the change won’t take effect immediately, it adds yet another layer of cost to buying luxury real estate in Toronto, a city that already has one of the most expensive closing‑cost environments in the country. Let’s break down what was approved, when it kicks in, and what it realistically means for buyers and sellers moving into 2026.
Toronto City Council Has Approved Another Luxury Land Transfer Tax Hike
Earlier this week, Toronto City Council voted to increase the municipal luxury land transfer tax on higher‑priced homes. The measure passed as part of the city’s broader effort to generate additional revenue without raising property taxes across the board.
It’s important to underline one key point right away: these new rates do not apply immediately. The updated luxury land transfer tax structure will take effect in April 2026, giving buyers, sellers, and developers a window to plan ahead.
Toronto already charges a municipal land transfer tax on top of Ontario’s provincial land transfer tax. This latest change applies only to the city portion — but at luxury price points, that distinction still translates into significant dollars.
How the New Luxury Land Transfer Tax Works (Graduated Rates Explained)
The approved increase applies to homes with purchase prices above $3 million and works on a graduated scale. That means different portions of the purchase price are taxed at different rates, rather than the entire value being taxed at a single flat rate.
Once implemented in April 2026, the new municipal luxury land transfer tax rates will be:
- $3M to $4M: 4.40%
- $4M to $5M: 5.45%
- $5M to $10M: 6.5%
- $10M to $20M: 7.55%
- Over $20M: 8.6%
These figures represent increases of roughly 0.9 to 1.1 percentage points across the luxury brackets compared to the previous structure.
What This Actually Costs: Real‑World Luxury Home Examples
To put real numbers behind the policy change, below are illustrative before‑and‑after comparisons showing how the municipal luxury land transfer tax changes once the new rates take effect in April 2026. These examples are simplified for clarity and assume the same graduated structure before and after the increase.
Important note: These figures focus only on Toronto’s municipal land transfer tax, not the Ontario land transfer tax. Numbers are approximate and meant for planning conversations — not legal advice.
Buying a $3,500,000 Home in Toronto
Before April 2026 (previous luxury rates – approx.)
- Estimated municipal LTT: ~$111,000
After April 2026 (new luxury rates)
- Estimated municipal LTT: ~$138,000
Difference: ~$27,000 more in city land transfer tax
This is where the increase is felt most sharply. Buyers hovering just above $3M may rethink pricing, negotiate harder, or focus on properties that stay below the luxury threshold altogether.
Buying a $5,000,000 Home in Toronto
Before April 2026 (previous luxury rates – approx.)
- Estimated municipal LTT: ~$200,000
After April 2026 (new luxury rates)
- Estimated municipal LTT: ~$245,000
Difference: ~$45,000 more in city land transfer tax
At this level, buyers are typically more flexible — but a $40K–$50K jump in closing costs still factors into overall value discussions, renovation budgets, or comparisons with non‑Toronto options.
Buying a $10,000,000 Property in Toronto
Before April 2026 (previous luxury rates – approx.)
- Estimated municipal LTT: ~$525,000
After April 2026 (new luxury rates)
- Estimated municipal LTT: ~$650,000
Difference: ~$125,000 more in city land transfer tax
At the ultra‑luxury end, the tax increase is unlikely to derail a purchase — but it is no longer a rounding error. On eight‑figure deals, these changes meaningfully affect total acquisition costs and require more deliberate planning.
What This Means for Luxury Buyers — Now vs. After April 2026
Timing is going to matter more than ever.
Buyers who are actively searching now and able to close before April 2026 will avoid the increased rates altogether. As that date approaches, we expect to see more attention paid to closing timelines, especially for resale homes already trading near luxury thresholds.
For buyers planning purchases in 2026 and beyond, budgeting accuracy becomes critical. Closing costs in Toronto were already substantial — this change simply raises the stakes.
What This Means for Sellers Heading Into 2026
For sellers, the tax technically isn’t their bill — but it absolutely influences buyer behaviour.
Higher transaction costs can affect:
- How aggressively buyers negotiate
- How long buyers take to make decisions
- Which price brackets see the most activity
Some sellers may choose to list earlier to capture buyers motivated to close before April 2026, while others may need to price more strategically to account for increased buyer costs.
Toronto vs. the 905: The Tax Gap Keeps Growing
One of the quiet side effects of this change is how much wider the gap becomes between Toronto and surrounding municipalities.
Buyers comparing Toronto to areas like Oakville, Vaughan, or Mississauga will once again notice that those markets do not charge a municipal land transfer tax. On luxury purchases, that difference alone can amount to six figures.
This doesn’t mean Toronto loses its appeal — but it does mean the decision calculus is shifting.
The City’s Argument — And the Market’s Pushback
Supporters of the increase argue the tax targets a small segment of buyers who can afford to contribute more to city finances. From the City’s perspective, it’s a progressive approach that limits the impact on everyday homeowners.
Critics, including industry groups, counter that repeated transaction‑based taxes risk dampening market activity and making Toronto less competitive long‑term — especially at a time when buyers have more geographic flexibility than ever.
As with many policy decisions, the truth likely sits somewhere in the middle.
What Buyers and Sellers Should Be Thinking About Right Now
Whether you’re buying or selling in the luxury segment, planning ahead matters:
- Understand how April 2026 changes your closing costs
- Stress‑test your budget beyond the purchase price
- Factor timing into your broader strategy
These aren’t reasons to rush or panic — but they are reasons to be informed.
Looking for a Luxury Home in Toronto?
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35 Bayview Ridge in Toronto: Bridle Path-Sunnybrook-York Mills House for sale (Toronto C12) : MLS®# C13019822
35 Bayview Ridge Toronto M2L 1E3 
$12,000,000Residential Freehold- Status:
- Active
- MLS® Num:
- C13019822
- Bedrooms:
- 6
- Bathrooms:
- 4
Nestled in the prestigious Bayview Ridge community, one of the most sought-after addresses in the region, this exceptional property presents a rare opportunity in an enclave surrounded by luxurious multi-million-dollar estates.Whether you choose to renovate or build your custom dream home, this is truly a once-in-a-lifetime offering in a highly desirable location. Residents enjoy close proximity to premium amenities, including the renowned Granite Club and Rosedale Golf Club.One of the property's most captivating features is its breathtaking panoramic view. A sweeping expanse of lush treetops creates a serene and ever-changing landscape, with vibrant seasonal colors providing a picturesque and tranquil backdrop year-round.Ideally situated for families, the home is just minutes from some of the country's top educational institutions, parks, and convenient transit options, including the TTC, with easy access to Highways 401 and 404. More detailsListed by MINTO REALTY INC.- MARK SAVEL
- SAGE REAL ESTATE LTD., BROKERAGE
- 1 (647) 2916328
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20 Cluny Drive in Toronto: Rosedale-Moore Park House for sale (Toronto C09) : MLS®# C13092402
20 Cluny Drive Toronto M4W 2P7
$11,995,000Residential Freehold- Status:
- Active
- MLS® Num:
- C13092402
- Bedrooms:
- 5
- Bathrooms:
- 7
Discreetly positioned on one of Rosedale's most prestigious streets, this exceptional ravine residence offers rare architectural scale, privacy, and contemporary refinement. Set on a remarkable 238-foot deep lot backing onto the Rosedale ravine, the property boasts a resort-like setting with an infinity-edge pool, expansive outdoor living areas, and a covered terrace designed for year-round entertaining. Situated minutes from downtown Toronto, Rosedale is a unique combination of charm and sophistication. It offers upscale dining, designer shopping, top-rated public and private schools, beautiful parks and endless trails for walking, running or cycling. Quick access to the subway system, Yonge Street and Mount Pleasant Road allow for easy access to explore all that Toronto has to offer. 20 Cluny has been thoughtfully renovated to reflect a seamless blend of timeless architecture and modern luxury. This home spans over 6,000 square feet above grade, with a fully finished lower level, providing elegant space for both grand entertaining and comfortable family living. Inside, 11-foot ceilings on the main and third floors enhance light and volume, while expansive principal rooms offer sophisticated living and dining spaces. The main level, exceeding 2,200 square feet, features a functional layout with formal living and dining rooms, a private office, and a kitchen and breakfast area that connect effortlessly to the terrace and gardens. Upper levels include five generously sized bedrooms, each with its own ensuite. The primary suite offers a serene retreat with a dressing room and spa-inspired bathroom. The third floor provides rare additional living space, ideal for guests or multi-generational living. The lower level includes a recreation room, home gym, and wet bar. Complete with a spacious double garage and heated driveways, this elegant home presents a rare opportunity in one of Toronto's most prestigious neighbourhoods. More detailsListed by ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE- MARK SAVEL
- SAGE REAL ESTATE LTD., BROKERAGE
- 1 (647) 2916328
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41 Old Forest Hill Road in Toronto: Forest Hill South House for sale (Toronto C03) : MLS®# C12885694
41 Old Forest Hill Road Toronto M5P 2P8
$11,900,000Residential Freehold- Status:
- Active
- MLS® Num:
- C12885694
- Bedrooms:
- 5
- Bathrooms:
- 6
A rare statement of architectural distinction, this Forest Hill estate announces itself with quiet confidence and timeless elegance. Designed by award winning architect Richard Wengle and nominated for Luxury Home of the Year, this stately custom residence offers approximately 7,300 square feet of impeccably finished interior space, recently reimagined to exacting bespoke standards.Every detail reflects craftsmanship at the highest level. A slate tile roof and Indiana limestone exterior create a commanding first impression, while the interiors unfold with soaring ceilings, abundant natural light, rich plaster mouldings, and refined architectural finishes. The chef's kitchen by world renowned designer Clive Christian blends beauty and functionality, anchoring the home's principal living spaces.Designed for both entertaining and everyday comfort, the residence features a steam room, trophy wine cellar with brick floors and tasting area, as well as an English style panelled office with custom built shelving. Wellness and convenience are seamlessly integrated with an exercise room, built in speakers, advanced security, and an exceptionally rare six car underground garage complemented by a heated driveway. Outdoors, a landscaped in ground pool, natural stone gas fireplaces, and automated irrigation create a private setting for year round enjoyment. Moments from Yorkville, top private schools, fine dining, and picturesque parks, this is a legacy property in one of Canada's most prestigious communities. More detailsListed by RIGHT AT HOME REALTY- MARK SAVEL
- SAGE REAL ESTATE LTD., BROKERAGE
- 1 (647) 2916328
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8 Crown Park Road in Toronto: The Beaches House for sale (Toronto E02) : MLS®# E13026282
8 Crown Park Road Toronto M4E 1J9
$11,700,000Residential Freehold- Status:
- Active
- MLS® Num:
- E13026282
- Bedrooms:
- 5
- Bathrooms:
- 7
Completely restored and reimagined, Longwood House is a landmark estate tucked within a coveted, private pocket of The Beaches. Once the summer retreat of a 19th-century lumber baron, this iconic residence now unfolds as a masterful fusion of historic grandeur and art deco sophistication.Set across nearly half an acre over two lots, 8 Crown Park Road sits quietly at the end of a secluded cul-de-sac, surrounded by the lush serenity of Ivan Forrest Gardens and overlooking Glen Manor Drive and the Glen Stewart Ravine-a setting that feels worlds away, yet entirely connected.Inside, over 8,000 sq ft spans three beautifully finished levels, where scale and light are elevated by seven walkouts that blur the line between indoors and out. Every detail reflects uncompromising craftsmanship, with globally sourced materials, imported tile from Spain and South America, alabaster lighting, and two bespoke marble-wrapped gas fireplaces.The grounds are a private, curated oasis. With over $1M in landscaping, the property honours its heritage through restored original and rare clinker brick, solid wood soffits, and a hydronic heated driveway, walkway, entry, and garage floor. Ebel stone retaining walls with granite caps frame the landscape, while a black granite rear terrace creates a striking outdoor living space.Elegant, versatile interiors unfold effortlessly-from the stately foyer and sunlit dining room to a Scavolini-designed home office-alongside a gym, games room, two wet bars, wine cellar, and in-law suite potential. Wall-to-wall windows capture uninterrupted ravine and garden views at every turn.Longwood House is not simply a residence-it is The Crown of the Beach. A private park. A legacy property. A rare and remarkable offering. More detailsListed by ROYAL LEPAGE SIGNATURE REALTY- MARK SAVEL
- SAGE REAL ESTATE LTD., BROKERAGE
- 1 (647) 2916328
- Contact by Email
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5 Brookfield Road in Toronto: Bridle Path-Sunnybrook-York Mills House for sale (Toronto C12) : MLS®# C13086380
5 Brookfield Road Toronto M2P 1B1
$11,498,000Residential Freehold- Status:
- Active
- MLS® Num:
- C13086380
- Bedrooms:
- 5
- Bathrooms:
- 7
Rarely does a residence express such quiet confidence and architectural distinction. Located in prestigious Hoggs Hollow on an exceptional 80' x 182' south-facing lot backing onto the Don River, this custom home by architect John O'Connor is a showcase in refined design. The exterior blends Algonquin limestone, brick, and architectural metal, while floor-to-ceiling window walls flood the interior with natural light. Defined by a "quiet luxury" aesthetic, the home features hydronic radiant in floor heating on all three levels including double garage, driveway & walkways, negative-trim detailing, solid wood doors, and a curated palette of stone, marble, metal, and precision-crafted millwork. A floating sculptural steel staircase anchors the space as both art and function. Offering 4+1 bedrooms and 7 bathrooms, the layout balances elegance and livability. Highlights include a grand foyer, great room open to a large dining room, a main floor office, chef's kitchen with top-tier appliances, and a concealed mudroom. A family room with a dramatic 13'6" ceiling height offers flexible living space and ultimate privacy. A luxurious primary suite with spa-like ensuite and boutique style dressing rooms, a separate bedroom wing with a lounge in between overlooking a green roof. The lower level is designed for entertaining with a recreation room, wet bar, games area, exercise room, guest suite, oversized laundry and custom skylights that flood the lower level with natural light. Smart home automation: audio, lights, shades, security, 2" copper line, 400 amp and backup generator ensure seamless comfort. Covered terrace opens to a Thermory Ash deck, outdoor kitchen, landscaped gardens, three green roofs, and a 40' saltwater pool with spa and waterfall, glass railings, pool house and mature willow tree complete this private oasis. A rare offering combining architectural excellence with precision crafstmanship. More detailsListed by ROYAL LEPAGE/J & D DIVISION- MARK SAVEL
- SAGE REAL ESTATE LTD., BROKERAGE
- 1 (647) 2916328
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338/340 Riverview Drive in Toronto: Bridle Path-Sunnybrook-York Mills House for sale (Toronto C12) : MLS®# C12761820
338/340 Riverview Drive Toronto M4N 3E1
$10,995,000Residential Freehold- Status:
- Active
- MLS® Num:
- C12761820
- Bedrooms:
- 6
- Bathrooms:
- 8
Quietly tucked away on a majestic cul-de-sac in Toronto's prestigious Teddington Park, this ravine property, with an unbelievable 229 feet of frontage, is located directly on Rosedale Golf Club and offers unparalleled privacy and a serene connection with nature. Situated atop a spectacular treed ravine, the home's numerous windows provide captivating year-round views of the surrounding landscape. The entire nearly one acre property is gated, ensuring complete seclusion and security. This striking home also includes a triple-car garage with plenty of parking behind the beautiful wrought iron gates. The outdoor space is beyond impressive with a back garden paradise that features a saltwater pool, a stone terrace, and a spacious deck that cantilevers over the ravine. This expansive 7386 square foot residence features a massive floor plan offering six bedrooms and eight bathrooms. Soaring ceilings in the triple scaled living room. Main floor billiards / recreation room. Dream octagon home office with wrap around windows overlooking nature. Below the office is the octagon shaped sunroom, the perfect place to read a book. This is a chance to create your new home or transform the existing one to perfectly suit your desires. With the advice of your architect, there is phenomenal potential to build new on the existing foundation or undertake a major renovation. The combination of the main house, along with the adjoining tennis court lot, gives you 229 feet of frontage on one of Toronto's premier streets, allowing for an even grander vision. With a setting this private, you'll be delighted to know that the home is just a short 20-min walk to the shops, cafes, and restaurants along Yonge Street. It is also a quick drive to some of the country's best private schools and the Granite Club. This is a property that combines the best of urban convenience with the peaceful beauty of a natural setting. More detailsListed by SOTHEBY'S INTERNATIONAL REALTY CANADA- MARK SAVEL
- SAGE REAL ESTATE LTD., BROKERAGE
- 1 (647) 2916328
- Contact by Email
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28 Glenorchy Road in Toronto: Bridle Path-Sunnybrook-York Mills House for sale (Toronto C12) : MLS®# C12861968
28 Glenorchy Road Toronto M3C 2P9
$10,980,000Residential Freehold- Status:
- Active
- MLS® Num:
- C12861968
- Bedrooms:
- 6
- Bathrooms:
- 5
Prestigious Bridle Path Ravine Mansion on Exclusive Enclaves of Glenorchy. Modern French Chateauesque with Renaissance Design. Renowned Hovan-Homes Masterpiece. Soaring 25 Ft Ceiling Anchors Grandeur Foyer and Symmetrical Layout. Upscale Finishes Acclaims Both Contemporary Living & Timeless Elegance. Total Appx 7,366 Sf Luxurious Interior. Above 5,564 sf. Walkout Lower Level 1,802 Plus 3-Car Garage. Upper Four Ensuite Bedrooms, Downstair Guestroom & Nanny's Quarter. Lavish Walk-in & Walk-through Wardrobes. Culinary Maple Kitchen. Hand-painted Royal Library. Salon Style Gallery Hallways. Segmental Arches, Detailed Dormers, Curved Staircase, Cast Iron Accents, and Silk Fabric Walls Consistently Honouring the Homeowner's Fine Taste. Sitting atop of Acres of Lush Glendon Forest & Sunnybrook Park to Enjoy Panoramic Greenery & Private Oasis. Perfect Proximity to Granite Club, Golf Courses, Crescent, Harvergal, T.F.S., U.C.C., Crestwood & Wealth Choice of Top Ranking Public & Private Schools.**EXTRAS** Enhanced Outdoor Living Adored Professionally Crafted Front & Back Gardens, Grotto Patio & Natural Stone Paths, Circular Driveway Extending Long Inner Drive, and unparalleled ravine More detailsListed by SOTHEBY'S INTERNATIONAL REALTY CANADA- MARK SAVEL
- SAGE REAL ESTATE LTD., BROKERAGE
- 1 (647) 2916328
- Contact by Email
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12 Winton Road in Toronto: Bridle Path-Sunnybrook-York Mills House for sale (Toronto C12) : MLS®# C12992250
12 Winton Road Toronto M4N 3E3
$10,895,000Residential Freehold- Status:
- Active
- MLS® Num:
- C12992250
- Bedrooms:
- 5
- Bathrooms:
- 7
Tucked Away On A Quiet Cul De Sac In Hoggs Hollow And Backing Onto The Serene Grounds Of Rosedale Golf Club, 12 Winton Road Is A Striking Modern Residence By Arriz + Co Design, Set On A Rare Pie Shaped Lot That Blends Bold Architectural Expression With Refined, Livable Luxury. From The Moment You Arrive, A Fireplace Set Into The Front Window Creates An Unforgettable Introduction And Offers A Glimpse Into The Home's Design. Inside, A Dramatic Concrete Wall Anchors The Staircase, While Skylights And A Suspended Upper Hallway Draw Natural Light Deep Into The Space, Creating A Sense Of Openness Throughout. The Principal Rooms Are Connected And Defined, With The Living And Dining Areas Separated By A Sculptural Three Sided Fireplace, While The Office Is Set Apart By A Built In Aquarium That Adds Calm Without Breaking Flow. The Kitchen Is A True Statement, Outfitted With Top Of The Line Appliances And Wrapped In Marble Slab Surfaces, Seamlessly Connecting To The Family Room And A Rounded Breakfast Bay Overlooking The Private, Tree Lined Backyard. Upstairs, The Primary Suite Features Two Beautifully Designed Dressing Rooms With Custom Millwork And A Spa Like Ensuite, While Three Additional Bedrooms Offer Generous Scale And Their Own Ensuites. A Standout Indoor Outdoor Solarium With Skylights Includes A Hot Tub, Heaters, And A Fridge, Creating A Year Round Retreat. The Lower Level Is Bright And Designed For Entertaining With A Wine Cellar, Full Kitchen, Bar With Built In Marble Island, Gym, And An Additional Bedroom With Ensuite. Outdoors, Heated Steps And Driveway, Curated Landscaping, And A Secluded Backyard With A Custom Gib San Pool And Fire Table Complete This Private Setting. A Rare Offering Where Architecture And Setting Come Together Seamlessly, This Is Escapism In The City. More detailsListed by HARVEY KALLES REAL ESTATE LTD.- MARK SAVEL
- SAGE REAL ESTATE LTD., BROKERAGE
- 1 (647) 2916328
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85 Glengrove Avenue W in Toronto: Lawrence Park South House for sale (Toronto C04) : MLS®# C12812880
85 Glengrove Avenue W Toronto M4R 1N8
$10,880,000Residential Freehold- Status:
- Active
- MLS® Num:
- C12812880
- Bedrooms:
- 7
- Bathrooms:
- 7
Custom-built in 2015 to the highest standards, this exceptional residence blends seamlessly into the established Lytton Park neighbourhood, representing a precise intersection of historic architectural respect and cutting-edge design. Every detail has been meticulously curated to create a home dedicated to art, celebration, reflection, fitness, family fun, and inspiration. An exceptional 60 x 165-foot south-facing lot. The design team of Richard Wengle (Architect), Connie Braemer + Anne Hepfer (Designers), and Sherwood Custom Homes (Builder) created this masterpiece. Behind the stately red brick 2.5-storey façade lies a trailblazing interior where indoor and outdoor living dissolve through a dramatic wall of windows and doors opening to stone terraces from the kitchen and family room. Effortless flow throughout nearly 6293 square feet of refined living space, complemented by an additional 3212 square feet in the fully finished lower level.The finest materials and magazine-inspired finishes ensure enduring elegance. The main floor offers formal living and dining rooms ideal for entertaining, while the rear features an open-concept kitchen, breakfast area, and family room overlooking a resort-style backyard with an inground pool and hot tub by BonaVista Pools and an outdoor living room-an ideal cottage alternative set against a quiet, treed backdrop.The 2nd level hosts four bedrooms and three baths, including a serene primary suite with spa-like bath and his-and-hers dressing rooms. The 3rd floor adds a family lounge, full bath, and two generously scaled bedrooms. The lower level includes a sensational recreation room, games and cards room, gym, and a nanny's (or seventh) bedroom with ensuite. Located on a premier street with easy access to top private schools, Yonge Street shops and dining, the Lawrence subway, and the 401. This is a rare opportunity to acquire a spectacular, move-in-ready residence straight from the pages of a design magazine. More detailsListed by SOTHEBY'S INTERNATIONAL REALTY CANADA- MARK SAVEL
- SAGE REAL ESTATE LTD., BROKERAGE
- 1 (647) 2916328
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101 Forest Heights Boulevard in Toronto: St. Andrew-Windfields House for sale (Toronto C12) : MLS®# C12485067
101 Forest Heights Boulevard Toronto M2L 2K7
$10,880,000Residential Freehold- Status:
- Active
- MLS® Num:
- C12485067
- Bedrooms:
- 9
- Bathrooms:
- 11
Welcome To 101 Forest Heights Boulevard, A Majestic Custom-Built Residence Situated On An Extraordinary 100.06 X 286 Ft Lot In One Of Toronto's Most Prestigious Neighbourhoods. This Grand Estate Combines Timeless Architecture With Modern Sophistication, Offering Over 12,000 Sq Ft Of Meticulously Designed Living Space. The Expansive Foyer Opens To Elegant Principal Rooms With Soaring Ceilings, Hardwood Floors, And Walls Of Windows Overlooking The Magnificent Grounds. The Gourmet Kitchen Features Top-Of-The-Line Appliances, Marble Countertops, A Large Centre Island, And A Walk-Out To The Terrace, Ideal For Outdoor Dining. A Separate Service Kitchen On The Lower Level Provides Additional Convenience For Large-Scale Entertaining. The Main-Floor Primary Suite Offers A Private Retreat With A Spa-Inspired Ensuite, Custom Dressing Rm & Walk-Out To The Garden. A Second Grand Primary Suite On The Upper Level Features A Fireplace, Private Sitting Area, Luxurious Ensuite, Patio Overlooking The Garden, And A Boutique-Style Walk-In Closet. With A Total Of Eight Spacious Bedrooms, Each With Ensuite Access, This Home Perfectly Accommodates Multi-Generational Living. The Residence Includes Two Laundry Rooms For Optimal Functionality, A Library In The Lower Level, And A Main-Floor Office With An Additional Side Entrance Leading To A Private Hallway. A Custom Elevator Provides Effortless Access To All Levels. The Lower Level Is Designed For Ultimate Enjoyment, Featuring A Rec Room, Gym, Sauna, Spa Room & Steam Shower , Wet Bar, And Direct Walk-Out To The Lush, Professionally Landscaped Yard With Ambient Lighting. The Property's Expansive Dimensions Provide Endless Possibilities For Outdoor Living, Including Space For A Pool, Or Garden Oasis. A Circular Driveway And Four-Car Garage Complete This Distinguished Estate. Located Near Bayview, York Mills, And The Rosedale Golf Club, 101 Forest Heights Boulevard Represents The Pinnacle Of Luxury Living In Toronto's Most Coveted Setting. More detailsListed by ROYAL LEPAGE REAL ESTATE SERVICES KATY TORABI- MARK SAVEL
- SAGE REAL ESTATE LTD., BROKERAGE
- 1 (647) 2916328
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19 Fifeshire Road in Toronto: St. Andrew-Windfields House for sale (Toronto C12) : MLS®# C13106346
19 Fifeshire Road Toronto M2L 2G4
$10,800,000Residential Freehold- Status:
- Active
- MLS® Num:
- C13106346
- Bedrooms:
- 7
- Bathrooms:
- 8
Completely Renovated!This Attractive Residence Is Nestled On Tranquil Professionally Landscape Garden Setting In One Of Toronto's Finest Areas. Featuring Over 20 Feet Ceiling In Living Room Overlooking Backyard With Open Concept. Unique Loft At Top Floor, Gourmet Kitchen With Granite Central Island Counter Top, Built In Appliances. Second Kitchen in main floor, Office With Wet Bar, Sauna, Jacuzzi, Walk Out Basement With Wet Bar And Fireplace. professionally designed back yard with Pool. More detailsListed by JDL REALTY INC.- MARK SAVEL
- SAGE REAL ESTATE LTD., BROKERAGE
- 1 (647) 2916328
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175 Teddington Park Avenue in Toronto: Lawrence Park North House for sale (Toronto C04) : MLS®# C13020262
175 Teddington Park Avenue Toronto M4N 2C8
$10,800,000Residential Freehold- Status:
- Active
- MLS® Num:
- C13020262
- Bedrooms:
- 6
- Bathrooms:
- 9
Classic residence sited on an estate-sized 0.54-acre lot on one of the most prestigious streets in Teddington Park, adjacent to Rosedale Golf Club. The home was completely taken back to the studs and restored by Joe Brennan with interior design by Lori Morris, showcasing superb craftsmanship, impeccable finishes, and meticulous attention to the finest materials. Grand principal rooms are ideal for entertaining, complemented by an epicurean kitchen, while the sunroom and family room with walk-out to terraces provide more relaxed living spaces. A richly panelled library offers a quiet retreat. Luxurious primary suite boasts a dressing room with centre island and custom built-in shelves. The third level features a spacious loft with two additional bedrooms and two baths. The lower level includes a wine cellar and a large room suitable for a home theatre. The lovely grounds enchant and delight, framed by a canopy of mature trees, exquisite gardens, a sparkling pool, hot tub, fountain, and an eat-in area shaded by a pergola. At the heart of the garden stands a graceful tiered fountain, where water cascades in delicate streams, creating a tranquil focal point. The charming coach house blends elegance and functionality, featuring a kitchen with an aluminum blind that opens to reveal an outdoor bar, complemented by a retractable awning for shade. Inside , there is an exercise room with walk-out to a basketball court, a loft with vaulted ceiling, a bedroom, and a three-piece bath, ideal for guests. Close to Toronto's top private and public schools, clubs, shopping, transit, and a short drive downtown. This exceptional property offers a rare combination of architectural refinement, expansive outdoor living, and thoughtful design, creating an ideal setting for both grand entertaining and comfortable family living in one of the city's most coveted neighbourhoods. A distinguished offering that seamlessly blends timeless elegance with modern luxury and convenience. More detailsListed by HARVEY KALLES REAL ESTATE LTD.- MARK SAVEL
- SAGE REAL ESTATE LTD., BROKERAGE
- 1 (647) 2916328
- Contact by Email
Data was last updated May 12, 2026 at 06:15 AM (UTC)
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Final Thoughts: Another Cost Layer in an Already Expensive City
Toronto remains one of the most desirable real estate markets in the country, but it’s also becoming one of the most complex from a cost standpoint.
The newly approved luxury land transfer tax hike, effective April 2026, adds another variable buyers and sellers need to account for. With the right planning and guidance, it’s manageable — but ignoring it isn’t an option.
If you’re considering a luxury purchase or sale and want to understand how these changes affect your specific situation, this is a conversation worth having sooner rather than later… send us a message below!
