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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27 Penwood Crescent in Toronto: Banbury-Don Mills House for sale (Toronto C13) : MLS®# C13248836
27 Penwood Crescent Toronto M3B 3B1 
$11,995,000Residential Freehold- Status:
- Active
- MLS® Num:
- C13248836
- Bedrooms:
- 8
- Bathrooms:
- 11
Architecturally Significant Iconic Estate , On 100' Lush Frontage Situated In Toronto's Most Exclusive, Private & Prestigious York Mills South With Walking Distance To Bridle Path Trail. 11,230 Sqft. Luxurious Living Space, Includes A Finished & Walkout Basement. Clad in I-N-D-I-A-N-A- -L-I-M-E-S-T-O-N-E Front Elevation Wrapped W/An Architectural Brick Accents, Enhanced by Lush Landscaping, A Heated Driveway, Pathway & Dramatic Exterior Lighting. Exceptional Craftsmanship is Showcased Throughout W/Custom Walnut & White Oak Millwork, Imported European Slabs, 12' Ceilings, Elegant Wall Paneling, Detailed Moldings, Heated Floors & Custom Wood Accent Walls. Floor-to-Ceiling Tilt & Turn R-E-Y-N-A-E-R-S Aluminum Windows & Sliding Doors, Flood The Home W/Natural Light. The Grand Foyer Features Imported Italian Slabs, a Striking Staircase & An Oversized Skylight, Setting a Refined & Elegant Tone. Expansive Principal Rooms Highlighted C-H-E-V-R-O-N Hardwood Floor, Gas Fireplaces & Book-Matched Italian Slab Feature Walls.The Chef-s Kitchen Offers Dual Islands, B/I Miele Appliances, a Butlers Pantry W/Servery Access to the Formal Dining Room & Custom Cabinetry. The Breakfast Area & Oversized Family Rm. Include Large-Scale Aluminum Sliding Doors Leading to an Expansive Deck & Concrete B-E-T-Z Swimming Pool. A 4-Stop E-L-E-V-A-T-O-R Services All 3 Levels, Plus an Additional Private Lift W/Direct Garage Access Fully Accessibility-Friendly. The Primary Retreat Boasts Coffered Ceilings, a Wet Bar, Fireplace, Boutique-Style Hers Dressing Boudoir, His Closet, And a Lavish 7 Pcs Ensuite Designed to Impress. The Entertainment-Ready Basement Boasts an Oversized Recreation Area W/ 2 Double Aluminum Sliding Doors Offering Garden-Level Views And Abundant Natural Light, a Large Gym W/Dry Sauna & Full Bath, a Home Theatre, Additional Washer/Dryer & Direct Access From the Garage Completed W/A Dog Wash Station & Elevator Access & Two Nanny & Guest Rooms. More detailsListed by RE/MAX REALTRON BARRY COHEN HOMES INC.- MARK SAVEL
- SAGE REAL ESTATE LTD., BROKERAGE
- 1 (647) 2916328
- Contact by Email
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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
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- 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
- Contact by Email
-
20 Forest Glen Crescent in Toronto: Bridle Path-Sunnybrook-York Mills House for sale (Toronto C12) : MLS®# C13124778
20 Forest Glen Crescent Toronto M4N 2E8
$11,898,000Residential Freehold- Status:
- Active
- MLS® Num:
- C13124778
- Bedrooms:
- 5
- Bathrooms:
- 5
MORE THAN JUST A RESIDENCE...A WORK OF ART. Designed by Bill Mockler and Drawing Room Architect Inc. and constructed by Teddington Homes. A sophisticated contemporary design with breathtaking ravine views. The front facade is adorned with a custom carved stone statue, smooth limestone, majestic white flowering pear trees flank the front walkway to a stainless steel & glass double door entry, marble foyer, and 10 ceilings. Natural light throughout the residence with massive floor-to-ceiling windows, skylights, and a striking two-storey foyer inviting the beauty of the outdoors inside. The Great room is balanced with two fireplaces and ever changing seasonal views of the garden, formal dining room with refined details, fireplace, & opens to private patio. Chefs kitchen with seamless cabinetry, immense marble island, premium appliances, breakfast area, servery, and pantry. Family room with custom millwork, fireplace, walk out to the garden, and an exquisite powder room. Luxurious primary suite, six-piece spa bath, massive dressing room (originally planned as a 4th bedroom), two other bedrooms with ensuites, and full laundry room. Lower level with recreation room, additional bedroom/exercise rm, bathroom, second laundry rm and wine cellar. The fluid design creates spacious rooms that engage the senses at every turn with, generous wall space for the art collector, high-end finishes, negative trim detailing, luxurious marble surfaces, custom millwork, archways that stretch to the ceiling, exquisite wood elements, automated blinds that recess into walls, Control4 system for lights, speakers, and security. Spectacular 75 x 300 extremely private lot with inviting gunite pool, sundeck, sitting area and outdoor dining area - an oasis! Unparalleled opulent living for those seeking elegance, style, and ultimate privacy on one of Toronto's most coveted streets. Steps to the Golf Club, Yonge St., close to many private schools: Crescent, Bayview Glen, Toronto French School. More detailsListed by ROYAL LEPAGE/J & D DIVISION- MARK SAVEL
- SAGE REAL ESTATE LTD., BROKERAGE
- 1 (647) 2916328
- Contact by Email
-
23 Country Lane in Toronto: Bridle Path-Sunnybrook-York Mills House for sale (Toronto C12) : MLS®# C13475464
23 Country Lane Toronto M2L 1E1
$11,888,000Residential Freehold- Status:
- Active
- MLS® Num:
- C13475464
- Bedrooms:
- 7
- Bathrooms:
- 8
Nestled on one of the Bridle Path's most private and coveted streets, this magnificent south facing estate on Country Lane epitomizes refined luxury and timeless elegance. Set on a spectacular 3/4 acre park-like lot, the residence is surrounded by breathtaking landscaped gardens with mature trees and vibrant plantings that create a setting of serene natural beauty. A grand entrance opens to an impressive, light filled Great Room with soaring ceilings, skylights, and a dramatic water feature. The sun drenched chef's kitchen-featuring top of the line appliances and an oversized centre island flows seamlessly into the family and breakfast rooms, all overlooking the exquisite gardens, pool, hot tub, and gazebo. Walkouts lead to a stunning pergola covered porch, ideal for outdoor dining and entertaining. The luxurious main floor primary suite offers a private retreat with a sitting area, double sided fireplace, and direct garden access. Designed for both family living and formal entertaining, the home includes gracious living and dining rooms, a distinguished office with custom built ins, and five additional bedrooms each with its own ensuite. The open concept layout, hardwood floors throughout, abundant windows, and natural light enhance the home's warm and inviting atmosphere. The fully finished lower level is an entertainer's delight, complete with a bar, wine cellar, steam shower, heated floors, and an in ground sprinkler system servicing the grounds. Additional highlights include a new cedar roof (2019), three car garage with parking for six more on the driveway, heated exterior floors, and professional landscape lighting. This is a rare opportunity to own a landmark Bridle Path residence that seamlessly blends grand architecture, modern comfort, and the unparalleled beauty of one of Toronto's most prestigious settings. More detailsListed by SOTHEBY'S INTERNATIONAL REALTY CANADA- MARK SAVEL
- SAGE REAL ESTATE LTD., BROKERAGE
- 1 (647) 2916328
- Contact by Email
-
92 Arjay Crescent in Toronto: Bridle Path-Sunnybrook-York Mills House for sale (Toronto C12) : MLS®# C13115584
92 Arjay Crescent Toronto M2L 1C7
$11,800,000Residential Freehold- Status:
- Active
- MLS® Num:
- C13115584
- Bedrooms:
- 6
- Bathrooms:
- 8
Perfectly positioned on a tranquil cul-de-sac, 92 Arjay Cres. is a masterful expression of contemporary estate living, offering 7,500 sqft above grade of exquisitely designed interiors. Conceived by acclaimed architect Richard Wengle and curated by Coe Mudford, this remarkable residence is defined by grand scale, curated vistas, and seamless flow throughout. A striking limestone façade framed by manicured landscaping creates a commanding first impression, while a heated driveway ensures effortless year-round living. Inside, soaring 11-foot ceilings, aluminum European tilt-and-turn windows, and a refined palette of marble, quartzite, and custom millwork establish a sophisticated yet inviting ambiance. The marble-clad foyer introduces elegant principal rooms designed for both everyday living and exceptional entertaining. Formal living and dining areas are complemented by a sculptural wine display, while the showpiece kitchen serves as the heart of the home, anchored by a dramatic 12-foot quartzite island, premium appliances, and a fully equipped prep kitchen. Expansive family and breakfast rooms open seamlessly to the outdoors, while a sophisticated bar lounge with a double-sided fireplace enhances the home's entertaining appeal. A refined powder room and well-appointed mudroom add thoughtful functionality. Upstairs, the 1500 sq.ft primary suite plus a 500 sq.ft private balcony offers dual dressing rooms w/ islands, and a spa-inspired ensuite with steam shower, soaking tub and dual toilets. Four additional bedrooms, each w/ its own ensuite, are thoughtfully arranged for privacy and comfort. The lower level w/ heated floors throughout is a destination unto itself, featuring a soundproof theatre, fitness studio, wet/dry sauna, nanny or in-law suite, change room w/ steam shower and expansive recreation space with walkout to garden. A heated ramp to the underground garage for nine vehicles provides a rare opportunity for collectors and enthusiasts alike. More detailsListed by ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM- MARK SAVEL
- SAGE REAL ESTATE LTD., BROKERAGE
- 1 (647) 2916328
- Contact by Email
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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
-
170 Roxborough Drive in Toronto: Rosedale-Moore Park House for sale (Toronto C09) : MLS®# C13461906
170 Roxborough Drive Toronto M4W 1X8
$11,500,000Residential Freehold- Status:
- Active
- MLS® Num:
- C13461906
- Bedrooms:
- 6
- Bathrooms:
- 9
Nestled in one of Toronto's most coveted neighbourhoods, 170 Roxborough Drive stands as a testament to timeless elegance and architectural brilliance. This landmark heritage house in North Rosedale offers an unparalleled blend of history, luxury, and modern living, seamlessly woven together to create a residence that is both sophisticated and welcoming. With its impressive stone walls and meticulously designed interiors by Robert Noakes, this home is a true gem in the heart of the city, offering the utmost privacy and exclusivity. Located just moments away from Chorley Park and the vibrant Summerhill Market this home enjoys the perfect balance of quiet residential living. The expansive property boasts 120 feet of frontage, surrounded by mature trees and landscaping, ensuring complete privacy while remaining close to the pulse of the city. The substantial stonework of this landmark house reflects the craftsmanship and care that has gone into preserving its historic charm, while modern updates ensure that the home is not only beautiful but also highly functional for contemporary living. The main floor of this remarkable home offers an array of grand principal rooms that are perfect for both intimate gatherings and large-scale entertaining. With 5 generously sized bedrooms, each complemented with its own ensuite bathroom ensuring privacy, the primary bedroom is a sanctuary with 2 full bathrooms. The third level living room is a private retreat flanked by two bedrooms. Step outside into the beautifully landscaped garden where a stunning in-ground pool takes centre stage. Surrounded by flagstone terraces and greenery this outdoor oasis with a built-in BBQ, is a peaceful and luxurious retreat. The focal point of the lower level is the temperature controlled wine cellar along with a media room, billiard room, and recreation room. A direct entrance from the two car garage and a walk out to the pool storage area and garden from this level are an added benefit. More detailsListed by CHESTNUT PARK REAL ESTATE LIMITED- MARK SAVEL
- SAGE REAL ESTATE LTD., BROKERAGE
- 1 (647) 2916328
- Contact by Email
-
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
- Contact by Email
-
22 Brookfield Road in Toronto: Bridle Path-Sunnybrook-York Mills House for sale (Toronto C12) : MLS®# C13480288
22 Brookfield Road Toronto M2P 1A9
$11,250,000Residential Freehold- Status:
- Active
- MLS® Num:
- C13480288
- Bedrooms:
- 5
- Bathrooms:
- 7
Designed by renowned architect Stan Makow & Associates, 22 Brookfield Road offers approximately 9,882 sq. ft. of total living space on an exceptional ravine lot in prestigious Hoggs Hollow.Thoughtfully designed for both formal entertaining and comfortable family living, the residence combines timeless architecture, generous proportions, and a rare connection to nature in the heart of Toronto.The limestone and brick exterior opens to a resort inspired outdoor setting with a pool, pool house, covered terrace, and views into the surrounding valley landscape. The backyard feels private and protected, with mature trees creating a natural backdrop that is difficult to replicate in the city. Inside, expansive principal rooms, soaring ceilings, an elevator, five fireplaces, and beautifully proportioned living spaces create a refined and livable atmosphere. The residence features 4+1 bedrooms, 7 washrooms, generous family and recreation areas, and a layout that supports both everyday comfort and larger scale entertaining. Hoggs Hollow is one of Toronto's most distinctive residential enclaves, known for its winding streets, estate properties, ravine setting, and quiet country like character within the central part of the city. The neighbourhood offers a rare balance of privacy, land, and access.Ideally located an eight-minute walk from York Mills Subway Station, close to Highway 401, Yonge Street, private clubs, shopping, dining, and everyday amenities. Near many of Toronto's most respected schools, including Crescent School, Havergal College, Toronto French School, and highly regarded public schools. A rare opportunity to own a substantial custom residence in one of Toronto's most established and naturally beautiful neighbourhoods. More detailsListed by SOTHEBY'S INTERNATIONAL REALTY CANADA- MARK SAVEL
- SAGE REAL ESTATE LTD., BROKERAGE
- 1 (647) 2916328
- Contact by Email
-
215 Dunvegan Road in Toronto: Forest Hill South House for sale (Toronto C03) : MLS®# C13211206
215 Dunvegan Road Toronto M5P 2P2
$10,995,000Residential Freehold- Status:
- Active
- MLS® Num:
- C13211206
- Bedrooms:
- 6
- Bathrooms:
- 8
Situated on one of Forest Hill's most prestigious & sought-after streets, this extraordinary custom-built estate exemplifies luxury living at its finest. Showcasing timeless architecture, impeccable craftsmanship & premium finishes t/out, the residence offers over 8,300 sq. ft. of elegant living space designed for both grand-scale entertaining & refined everyday living. Defined by soaring ceilings, expansive principal rooms & abundant natural light, every detail has been thoughtfully curated to create a sophisticated yet welcoming atmosphere.The home features 6 spacious bdrms & 9 luxurious bathrms, along w/ a rare 1,729 sq. ft. underground garage accommodating up to 5 cars, plus additional heated driveway parking for 2 cars. The main level is tailored for entertaining & family living, featuring a refined private study, formal living & dining rms, & a chef-inspired kitchen w/ premium appliances, custom cabinetry & an oversized breakfast area overlooking the beautifully landscaped backyard. The expansive family rm opens seamlessly to a large deck, creating exceptional indoor-outdoor flow. The 2nd level is highlighted by a luxurious primary retreat complete w/ a private balcony, spa-inspired ensuite & expansive his-&-hers dressing rms. Three additional generously sized bdrms, each w/ their own ensuite bathrm, provide exceptional comfort & privacy. The 3rd level offers versatility w/ a substantial gym & spa retreat, extensive storage & an additional ensuite bdrm ideal for guests. The lower level is designed for entertainment & lifestyle, featuring a stunning home theatre, recreation rm, nanny's room, custom wine cellar & mudrm w/ direct access to the underground garage. Set on a mature, professionally landscaped lot, the private backyard oasis features a salt water swimming pool, multiple entertaining areas & complete privacy. Ideally located near Forest Hill's shops & restaurants, top private & public schools & convenient access to downtown Toronto. More detailsListed by HARVEY KALLES REAL ESTATE LTD.- MARK SAVEL
- SAGE REAL ESTATE LTD., BROKERAGE
- 1 (647) 2916328
- Contact by Email
-
34 Medalist Road in Toronto: St. Andrew-Windfields House for sale (Toronto C12) : MLS®# C13207292
34 Medalist Road Toronto M2P 1Y5
$10,995,000Residential Freehold- Status:
- Active
- MLS® Num:
- C13207292
- Bedrooms:
- 5
- Bathrooms:
- 8
Exceptional Custom-Built Residence In Prestigious St. Andrew-Windfields, Backing Onto A Beautiful Ravine-Like Setting And St. Andrews Park, Offering Rare Privacy And Serene Views. Thoughtfully Designed With An Owner-Built Level Of Care, Outstanding Craftsmanship, And Premium Finishes Throughout, This Architectural Masterpiece Blends Timeless Elegance With State-Of-The-Art Living. The Main Floor Features Heated Floors, Grand Principal Rooms, Expansive Imported Windows, Designer Lighting, Custom Millwork, And A Seamless Open-Concept Layout. The Chef's Dream Kitchen Is Equipped With High-End Appliances, Custom Cabinetry, And Natural Stone Countertops, Perfect For Both Everyday Living And Entertaining. A Private Elevator Services All Levels. The Second Floor Offers Four Spacious Bedrooms, Each With Its Own Ensuite Bathroom, Including A Luxurious Primary Retreat With A Spa-Inspired Ensuite And Custom Dressing Room. The Lower Level Includes A Home Theatre, Private Gym, Recreation Room, Wine Cellar, Prep Kitchen, Nanny Suite, And Walk-Out Access To The Backyard. Additional Highlights Include A Heated Driveway, Heated Main Floor, Home Automation, And A Six-Car Underground Garage With EV Charging. A Truly Rare Offering In One Of Toronto's Most Coveted Neighbourhoods. More detailsListed by HARVEY KALLES REAL ESTATE LTD. and RE/MAX REALTRON BARRY COHEN HOMES INC.- MARK SAVEL
- SAGE REAL ESTATE LTD., BROKERAGE
- 1 (647) 2916328
- Contact by Email
Data was last updated June 26, 2026 at 04:57 PM (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!
