When it comes to luxury homes in Toronto and the surrounding regions, you will find everything from charming to spectacular. The city is well known for its vast array of elegant properties.
It is no wonder that many celebrities and top business executive have made Toronto their home. In 2004, funk/rock superstar, Prince bought a luxury home in the north end of the city, and it is believed that British music legend, Elton John owns an estate in the Greater Toronto area.
While you can find luxury homes scattered throughout Toronto and the GTA, there are some areas that are really well-known for their upscale properties. A few examples are listed below.
- Forest Hill
- Lawrence Park
- Moore Park
- The Bridle Path
Toronto Estate Communities are comfortable, convenient and functional. When you own such a property, you are not only living a luxurious lifestyle, you are in one of the most exciting city’s in the world.
Entertainment, great restaurants, fun leisure activities, arts and culture, as well as business opportunities are plentiful. Many like the location because they can also jump in their car on weekends and drive a short distance north to enjoy cottage country in the summer and ski country in the winter months.
Looking for a Home
There is no shortage of real estate experts in Toronto that specialize in luxury homes; however, most people start out by searching the web for ideas.
If you aren’t sure what style of home you want you can check out sites like www.luxuryportfolio.com or www.downtownrealty.ca. If you are thinking about purchasing a home in a specific neighbourhood but don’t have a real estate agent, you might want to consider contacting the Toronto Real Estate Board for guidance.
During your search for the perfect house, you will likely come across Toronto Executive Homes; this is simply a modern day term that many developers use to describe a luxurious home for sale.
Sometimes executive homes are built in a close-knit community with properties being about 1 acre in size. If you are working in downtown Toronto and don’t mind a short commute; the regions of Peel, Durham, York and Halton have a wide selection of executive homes for sale.
Gated communities allow for privacy and give some residents peace-of-mind because they make them feel safe. The concept of gated communities began about 25 years ago in the United States.
There are about 20,000 gated neighbourhoods in the United States and about 300 in Canada. Some municipalities here do not allow gated communities. Town and city officials feel the security makes it too hard for emergency vehicles and snow removal crews to reach their destination.
Most of the Toronto gated communities are in fact condominium areas. In the Greater Toronto Area (GTA), you will find more gated neighbourhoods with houses.
People who live in these communities say they like the privacy, but even more important, they find it safer for their kids to walk around and ride their bikes because there is less traffic.
Here is a short sample of some gated communities on the outskirts of Toronto;
- Peel Village, Brampton
- Watercolors, Mississauga
- Wingfield North, Markham
- Adena Meadows, Aurora
- Hamilton Gables (Hamilton)
- The Parkside (Toronto, North York)
Whether you want a luxury home, a 1-acre executive property or a place in a gated community, you can try visiting www.property-search-Toronto.com. This site can help you narrow down your search by asking you questions such as how many bedrooms you want, how much money you want to spend, and what age you would like the house to be.
The Price of Luxury
At the time of publication, executive homes in the GTA were priced at as little as $600,000 in some cases. Prestigious, luxury homes start around 1 million and run up to 10 million in regions surrounding the city of Toronto.
If you are searching for the same type of property right in the city of Toronto, you can expect the asking price to be well over one-million. For example, it is not uncommon for homes in Forest Hill to sell for between 10 and 15 million.
If luxury is what you are seeking and you have a specific vision of your dream house, you can always consider purchasing property in the Toronto area and then having a home custom built. Toronto is the workplace of dozens of award winning custom home builders.
There is a huge luxury condo market in Toronto. If owning a home is not your style, but you want to enjoy fine living then you have the option of purchasing a luxury condo.
There is a number of elegant buildings right in the heart of the city. Some are in gated communities, some located on the waterfront, and some close to the financial district. The website www.torontocondonetwork.com can help you start your search.
Whether you choose a luxury home or condo, when you combine it with all that the city of Toronto has to offer, you have a recipe for an amazing life.