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July 4th, 2009 
VERONICA KEY
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Luxury Houses For Sale In Toronto

With the booming Toronto real estate market and the phenomenal raise on house prices over the last number of years, the demand for luxury houses for sale in Toronto has increased. In 2007 more than 500 homes sold with a price tag of over 1.5 million dollars. Luxury houses for sale in Toronto have also not been immune to multiple offer situations which can drive the prices up even further.

And while the traditionally high priced luxury home areas such as The Bridal Path, Hoggs Hollow and York Mills are still in high demand, other parts of Toronto have also see an increases in Luxury houses. These areas included the Beach, Port Credit, Kingsway, and Leaside. Most notably may be in the coveted Forest Hill where sales of luxury houses were up 78 percent than a year ago with a little more than half of those luxury houses selling at or above the asking price. In fact Forest Hill posted the highest price paid for a luxury house in Toronto for a record 15.8 million dollars.

If you are in the market for a new luxury home then you may begin your search here for luxury houses for sale in Toronto by using the property search below. As Luxury houses are very personal you may not find exactly what you are looking for so please feel free to visit the Find Your Dream Home section. By filling-out the form Luxury houses for sale in Toronto that match your criteria will be sent to you promptly. If you have any questions regarding any luxury home of interest to you or you would like more information about the Toronto luxury house market please feel free to contact Veronica Key for all of your real estate needs.

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