Shutterstock / Brandon Bourdages
Upgrading from a condo to a single-family house in Greater Toronto just got $100,000 more expensive.
In May of last year, the price difference between a new condo and a new low-rise home in the GTA was $237,301, according to data from Building Industry and Land Development Association (BILD). This past May, the gap had grown to $343,492.
That’s because prices for new low-rise homes (single-family homes, semi-detached houses and townhomes) jumped by 16 per cent over the past year, while the much better-supplied condo market saw prices stay flat.
The average price of a new low-rise hit a record high of $783,955. Condo prices were largely unchanged at $440,463.
“The rapidly widening price gap is an indication that demand is far outpacing supply in this part of the market," BILD CEO Bryan Tuckey said in a statement. "As the price of ground-related housing continues to grow at a record pace, it's becoming increasingly difficult for GTA residents to afford a low-rise home."
BILD’s data shows that low-rise homes account for only 20 per cent of new home inventory in Greater Toronto, indicating that, going forward, only one in five homebuyers in the region can expect to buy a low-rise home.
Tuckey added that the "effect of new-home pricing is also trickling down to resale homes.” According to the Toronto Real Estate Board, the average price of a resale single-family home in Toronto passed the $1 million mark this spring.
Condos: A Totally Different Story
The city’s condo market appears to be cooling somewhat. Sales of new condos are down 7 per cent in the first five months of the year, compared to the same period in 2014, BILD says. Sales were down 12 per cent in May, compared to May of last year.
The new condo market has seen an unusually large build-up of inventory, thanks to a building boom that began in 2012.
The prohibitive cost of upgrading to a larger home is beginning to have an impact on households’ home-buying decisions. A recent Toronto Star article profiled a family that chose to move to the Kitchener-Waterloo area in order to afford a much larger home than they could in the GTA.
BILD’s Tuckey suggests the solution is building more low-rise homes.
"As inventory borders on record low level, we need an adequate supply of low-rise homes to ensure healthy levels of housing choice that are necessary to accommodate the needs of our expanding region," he said.
Also on HuffPost:
Toronto's Incredible 'Integral House'
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Toronto's "Integral House," dubbed "one of the most important private homes in North America," went on sale this spring for $28 million. (credit:Undine Prohl)
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Manitoba: $2.58 million(36 of140)
This four-bedroom, five-bath waterfront house on the western edge of Winnipeg has more than 9,000 square feet of living space, and features amenities like a gym room, a media room and a double-sided fireplace. Listing. (credit:Re/Max Performance Realty)
Manitoba: $2.58 million(37 of140)
This four-bedroom, five-bath waterfront house on the western edge of Winnipeg has more than 9,000 square feet of living space, and features amenities like a gym room, a media room and a double-sided fireplace. Listing. (credit:Re/Max Performance Realty)
Manitoba: $2.58 million(38 of140)
This four-bedroom, five-bath waterfront house on the western edge of Winnipeg has more than 9,000 square feet of living space, and features amenities like a gym room, a media room and a double-sided fireplace. Listing. (credit:Re/Max Performance Realty)
Manitoba: $2.58 million(39 of140)
This four-bedroom, five-bath waterfront house on the western edge of Winnipeg has more than 9,000 square feet of living space, and features amenities like a gym room, a media room and a double-sided fireplace. Listing. (credit:Re/Max Performance Realty)
Manitoba: $2.58 million(40 of140)
This four-bedroom, five-bath waterfront house on the western edge of Winnipeg has more than 9,000 square feet of living space, and features amenities like a gym room, a media room and a double-sided fireplace. Listing. (credit:Re/Max Performance Realty)
Manitoba: $2.58 million(41 of140)
This four-bedroom, five-bath waterfront house on the western edge of Winnipeg has more than 9,000 square feet of living space, and features amenities like a gym room, a media room and a double-sided fireplace. Listing. (credit:Re/Max Performance Realty)
Manitoba: $2.58 million(42 of140)
This four-bedroom, five-bath waterfront house on the western edge of Winnipeg has more than 9,000 square feet of living space, and features amenities like a gym room, a media room and a double-sided fireplace. Listing. (credit:Re/Max Performance Realty)
Manitoba: $2.58 million(43 of140)
This four-bedroom, five-bath waterfront house on the western edge of Winnipeg has more than 9,000 square feet of living space, and features amenities like a gym room, a media room and a double-sided fireplace. Listing. (credit:Re/Max Performance Realty)
Manitoba: $2.58 million(44 of140)
This four-bedroom, five-bath waterfront house on the western edge of Winnipeg has more than 9,000 square feet of living space, and features amenities like a gym room, a media room and a double-sided fireplace. Listing. (credit:Re/Max Performance Realty)
Manitoba: $2.58 million(45 of140)
This four-bedroom, five-bath waterfront house on the western edge of Winnipeg has more than 9,000 square feet of living space, and features amenities like a gym room, a media room and a double-sided fireplace. Listing. (credit:Re/Max Performance Realty)
Manitoba: $2.58 million(46 of140)
This four-bedroom, five-bath waterfront house on the western edge of Winnipeg has more than 9,000 square feet of living space, and features amenities like a gym room, a media room and a double-sided fireplace. Listing. (credit:Re/Max Performance Realty)
Saskatchewan: $3.75 million(47 of140)
This six-bedroom, six-bath house some 15 km east of Regina features a wine room, an exercise room, a theatre and no fewer than five gas fireplaces. There's also a night-lit sports court and an "integrated outdoor television." Listing. (credit:Re/Max)
Saskatchewan: $3.75 million(48 of140)
This six-bedroom, six-bath house some 15 km east of Regina features a wine room, an exercise room, a theatre and no fewer than five gas fireplaces. There's also a night-lit sports court and an "integrated outdoor television." Listing. (credit:Re/Max)
Saskatchewan: $3.75 million(49 of140)
This six-bedroom, six-bath house some 15 km east of Regina features a wine room, an exercise room, a theatre and no fewer than five gas fireplaces. There's also a night-lit sports court and an "integrated outdoor television." Listing. (credit:Re/Max)
Saskatchewan: $3.75 million(50 of140)
This six-bedroom, six-bath house some 15 km east of Regina features a wine room, an exercise room, a theatre and no fewer than five gas fireplaces. There's also a night-lit sports court and an "integrated outdoor television." Listing. (credit:Re/Max)
Saskatchewan: $3.75 million(51 of140)
This six-bedroom, six-bath house some 15 km east of Regina features a wine room, an exercise room, a theatre and no fewer than five gas fireplaces. There's also a night-lit sports court and an "integrated outdoor television." Listing. (credit:Re/Max)
Saskatchewan: $3.75 million(52 of140)
This six-bedroom, six-bath house some 15 km east of Regina features a wine room, an exercise room, a theatre and no fewer than five gas fireplaces. There's also a night-lit sports court and an "integrated outdoor television." Listing. (credit:Re/Max)
Saskatchewan: $3.75 million(53 of140)
This six-bedroom, six-bath house some 15 km east of Regina features a wine room, an exercise room, a theatre and no fewer than five gas fireplaces. There's also a night-lit sports court and an "integrated outdoor television." Listing. (credit:Re/Max)
Saskatchewan: $3.75 million(54 of140)
This six-bedroom, six-bath house some 15 km east of Regina features a wine room, an exercise room, a theatre and no fewer than five gas fireplaces. There's also a night-lit sports court and an "integrated outdoor television." Listing. (credit:Re/Max)
Saskatchewan: $3.75 million(55 of140)
This six-bedroom, six-bath house some 15 km east of Regina features a wine room, an exercise room, a theatre and no fewer than five gas fireplaces. There's also a night-lit sports court and an "integrated outdoor television." Listing. (credit:Re/Max)
Saskatchewan: $3.75 million(56 of140)
This six-bedroom, six-bath house some 15 km east of Regina features a wine room, an exercise room, a theatre and no fewer than five gas fireplaces. There's also a night-lit sports court and an "integrated outdoor television." Listing. (credit:Re/Max)
Saskatchewan: $3.75 million(57 of140)
This six-bedroom, six-bath house some 15 km east of Regina features a wine room, an exercise room, a theatre and no fewer than five gas fireplaces. There's also a night-lit sports court and an "integrated outdoor television." Listing. (credit:Re/Max)
Saskatchewan: $3.75 million(58 of140)
This six-bedroom, six-bath house some 15 km east of Regina features a wine room, an exercise room, a theatre and no fewer than five gas fireplaces. There's also a night-lit sports court and an "integrated outdoor television." Listing. (credit:Re/Max)
Newfoundland: $3.9 million(59 of140)
Five bedrooms and seven baths in this nearly 16,000-square-foot property on the shores of Conception Bay. The house features a movie room with tiered seating and a 500-bottle wine cellar, along with a 3,000-square-foot guest house and four acres of grounds. Listing. (credit:Exit Realty)
Newfoundland: $3.9 million(60 of140)
Five bedrooms and seven baths in this nearly 16,000-square-foot property on the shores of Conception Bay. The house features a movie room with tiered seating and a 500-bottle wine cellar, along with a 3,000-square-foot guest house and four acres of grounds. Listing. (credit:Exit Realty)
Newfoundland: $3.9 million(61 of140)
Five bedrooms and seven baths in this nearly 16,000-square-foot property on the shores of Conception Bay. The house features a movie room with tiered seating and a 500-bottle wine cellar, along with a 3,000-square-foot guest house and four acres of grounds. Listing. (credit:Exit Realty)
Newfoundland: $3.9 million(62 of140)
Five bedrooms and seven baths in this nearly 16,000-square-foot property on the shores of Conception Bay. The house features a movie room with tiered seating and a 500-bottle wine cellar, along with a 3,000-square-foot guest house and four acres of grounds. Listing. (credit:Exit Realty)
Newfoundland: $3.9 million(63 of140)
Five bedrooms and seven baths in this nearly 16,000-square-foot property on the shores of Conception Bay. The house features a movie room with tiered seating and a 500-bottle wine cellar, along with a 3,000-square-foot guest house and four acres of grounds. Listing. (credit:Exit Realty)
P.E.I.: $3.95 million(64 of140)
Prince Edward Island's priciest house has had its price slashed from $6.95 million, but continues to be the most expensive public listing on the island. This six-bedroom, nine-bath house has 13,500 square feet of living space above bluffs overlooking the Atlantic. Listing. (credit:Michael Poczynek Real Estate)
P.E.I.: $3.95 million(65 of140)
Prince Edward Island's priciest house has had its price slashed from $6.95 million, but continues to be the most expensive public listing on the island. This six-bedroom, nine-bath house has 13,500 square feet of living space above bluffs overlooking the Atlantic. Listing. (credit:Michael Poczynek Real Estate)
P.E.I.: $3.95 million(66 of140)
Prince Edward Island's priciest house has had its price slashed from $6.95 million, but continues to be the most expensive public listing on the island. This six-bedroom, nine-bath house has 13,500 square feet of living space above bluffs overlooking the Atlantic. Listing. (credit:Michael Poczynek Real Estate)
P.E.I.: $3.95 million(67 of140)
Prince Edward Island's priciest house has had its price slashed from $6.95 million, but continues to be the most expensive public listing on the island. This six-bedroom, nine-bath house has 13,500 square feet of living space above bluffs overlooking the Atlantic. Listing. (credit:Michael Poczynek Real Estate)
P.E.I.: $3.95 million(68 of140)
Prince Edward Island's priciest house has had its price slashed from $6.95 million, but continues to be the most expensive public listing on the island. This six-bedroom, nine-bath house has 13,500 square feet of living space above bluffs overlooking the Atlantic. Listing. (credit:Michael Poczynek Real Estate)
P.E.I.: $3.95 million(69 of140)
Prince Edward Island's priciest house has had its price slashed from $6.95 million, but continues to be the most expensive public listing on the island. This six-bedroom, nine-bath house has 13,500 square feet of living space above bluffs overlooking the Atlantic. Listing. (credit:Michael Poczynek Real Estate)
P.E.I.: $3.95 million(70 of140)
Prince Edward Island's priciest house has had its price slashed from $6.95 million, but continues to be the most expensive public listing on the island. This six-bedroom, nine-bath house has 13,500 square feet of living space above bluffs overlooking the Atlantic. Listing. (credit:Michael Poczynek Real Estate)
P.E.I.: $3.95 million(71 of140)
Prince Edward Island's priciest house has had its price slashed from $6.95 million, but continues to be the most expensive public listing on the island. This six-bedroom, nine-bath house has 13,500 square feet of living space above bluffs overlooking the Atlantic. Listing. (credit:Michael Poczynek Real Estate)
P.E.I.: $3.95 million(72 of140)
Prince Edward Island's priciest house has had its price slashed from $6.95 million, but continues to be the most expensive public listing on the island. This six-bedroom, nine-bath house has 13,500 square feet of living space above bluffs overlooking the Atlantic. Listing. (credit:Michael Poczynek Real Estate)
P.E.I.: $3.95 million(73 of140)
Prince Edward Island's priciest house has had its price slashed from $6.95 million, but continues to be the most expensive public listing on the island. This six-bedroom, nine-bath house has 13,500 square feet of living space above bluffs overlooking the Atlantic. Listing. (credit:Michael Poczynek Real Estate)
P.E.I.: $3.95 million(74 of140)
Prince Edward Island's priciest house has had its price slashed from $6.95 million, but continues to be the most expensive public listing on the island. This six-bedroom, nine-bath house has 13,500 square feet of living space above bluffs overlooking the Atlantic. Listing. (credit:Michael Poczynek Real Estate)
Nova Scotia: $5.49 million(75 of140)
The realtor calls this the "most coveted address" in Halifax. The four-bedroom, five-bath house features 100 feet of water frontage, an infinity pool and a waterfront gym. Listing. (credit:Bryant Realty Atlantic)
Nova Scotia: $5.49 million(76 of140)
The realtor calls this the "most coveted address" in Halifax. The four-bedroom, five-bath house features 100 feet of water frontage, an infinity pool and a waterfront gym. Listing. (credit:Bryant Realty Atlantic)
Nova Scotia: $5.49 million(77 of140)
The realtor calls this the "most coveted address" in Halifax. The four-bedroom, five-bath house features 100 feet of water frontage, an infinity pool and a waterfront gym. Listing. (credit:Bryant Realty Atlantic)
Nova Scotia: $5.49 million(78 of140)
The realtor calls this the "most coveted address" in Halifax. The four-bedroom, five-bath house features 100 feet of water frontage, an infinity pool and a waterfront gym. Listing. (credit:Bryant Realty Atlantic)
Nova Scotia: $5.49 million(79 of140)
The realtor calls this the "most coveted address" in Halifax. The four-bedroom, five-bath house features 100 feet of water frontage, an infinity pool and a waterfront gym. Listing. (credit:Bryant Realty Atlantic)
Nova Scotia: $5.49 million(80 of140)
The realtor calls this the "most coveted address" in Halifax. The four-bedroom, five-bath house features 100 feet of water frontage, an infinity pool and a waterfront gym. Listing. (credit:Bryant Realty Atlantic)
Nova Scotia: $5.49 million(81 of140)
The realtor calls this the "most coveted address" in Halifax. The four-bedroom, five-bath house features 100 feet of water frontage, an infinity pool and a waterfront gym. Listing. (credit:Bryant Realty Atlantic)
Nova Scotia: $5.49 million(82 of140)
The realtor calls this the "most coveted address" in Halifax. The four-bedroom, five-bath house features 100 feet of water frontage, an infinity pool and a waterfront gym. Listing. (credit:Bryant Realty Atlantic)
Nova Scotia: $5.49 million(83 of140)
The realtor calls this the "most coveted address" in Halifax. The four-bedroom, five-bath house features 100 feet of water frontage, an infinity pool and a waterfront gym. Listing. (credit:Bryant Realty Atlantic)
Nova Scotia: $5.49 million(84 of140)
The realtor calls this the "most coveted address" in Halifax. The four-bedroom, five-bath house features 100 feet of water frontage, an infinity pool and a waterfront gym. Listing. (credit:Bryant Realty Atlantic)
Nova Scotia: $5.49 million(85 of140)
The realtor calls this the "most coveted address" in Halifax. The four-bedroom, five-bath house features 100 feet of water frontage, an infinity pool and a waterfront gym. Listing. (credit:Bryant Realty Atlantic)
Nova Scotia: $5.49 million(86 of140)
The realtor calls this the "most coveted address" in Halifax. The four-bedroom, five-bath house features 100 feet of water frontage, an infinity pool and a waterfront gym. Listing. (credit:Bryant Realty Atlantic)
New Brunswick: $9.65 million(87 of140)
This is an unusually expensive house by New Brunswick standards, but then this is an unusually large house: 10 bedrooms and 11 baths on 27,000 square feet of living space. There are actually three separate houses on the property, along with two outdoor tennis courts and one indoor one, a beach volleyball court, a baseball field, a custom go-kart track, driving range, indoor basketball court, playground, private dock and three private beaches. Wow. Listing. (credit:MacTavish Team)
New Brunswick: $9.65 million(88 of140)
This is an unusually expensive house by New Brunswick standards, but then this is an unusually large house: 10 bedrooms and 11 baths on 27,000 square feet of living space. There are actually three separate houses on the property, along with two outdoor tennis courts and one indoor one, a beach volleyball court, a baseball field, a custom go-kart track, driving range, indoor basketball court, playground, private dock and three private beaches. Wow. Listing. (credit:MacTavish Team)
New Brunswick: $9.65 million(89 of140)
This is an unusually expensive house by New Brunswick standards, but then this is an unusually large house: 10 bedrooms and 11 baths on 27,000 square feet of living space. There are actually three separate houses on the property, along with two outdoor tennis courts and one indoor one, a beach volleyball court, a baseball field, a custom go-kart track, driving range, indoor basketball court, playground, private dock and three private beaches. Wow. Listing. (credit:MacTavish Team)
New Brunswick: $9.65 million(90 of140)
This is an unusually expensive house by New Brunswick standards, but then this is an unusually large house: 10 bedrooms and 11 baths on 27,000 square feet of living space. There are actually three separate houses on the property, along with two outdoor tennis courts and one indoor one, a beach volleyball court, a baseball field, a custom go-kart track, driving range, indoor basketball court, playground, private dock and three private beaches. Wow. Listing. (credit:MacTavish Team)
New Brunswick: $9.65 million(91 of140)
This is an unusually expensive house by New Brunswick standards, but then this is an unusually large house: 10 bedrooms and 11 baths on 27,000 square feet of living space. There are actually three separate houses on the property, along with two outdoor tennis courts and one indoor one, a beach volleyball court, a baseball field, a custom go-kart track, driving range, indoor basketball court, playground, private dock and three private beaches. Wow. Listing. (credit:MacTavish Team)
New Brunswick: $9.65 million(92 of140)
This is an unusually expensive house by New Brunswick standards, but then this is an unusually large house: 10 bedrooms and 11 baths on 27,000 square feet of living space. There are actually three separate houses on the property, along with two outdoor tennis courts and one indoor one, a beach volleyball court, a baseball field, a custom go-kart track, driving range, indoor basketball court, playground, private dock and three private beaches. Wow. Listing. (credit:MacTavish Team)
New Brunswick: $9.65 million(93 of140)
This is an unusually expensive house by New Brunswick standards, but then this is an unusually large house: 10 bedrooms and 11 baths on 27,000 square feet of living space. There are actually three separate houses on the property, along with two outdoor tennis courts and one indoor one, a beach volleyball court, a baseball field, a custom go-kart track, driving range, indoor basketball court, playground, private dock and three private beaches. Wow. Listing. (credit:MacTavish Team)
New Brunswick: $9.65 million(94 of140)
This is an unusually expensive house by New Brunswick standards, but then this is an unusually large house: 10 bedrooms and 11 baths on 27,000 square feet of living space. There are actually three separate houses on the property, along with two outdoor tennis courts and one indoor one, a beach volleyball court, a baseball field, a custom go-kart track, driving range, indoor basketball court, playground, private dock and three private beaches. Wow. Listing. (credit:MacTavish Team)
New Brunswick: $9.65 million(95 of140)
This is an unusually expensive house by New Brunswick standards, but then this is an unusually large house: 10 bedrooms and 11 baths on 27,000 square feet of living space. There are actually three separate houses on the property, along with two outdoor tennis courts and one indoor one, a beach volleyball court, a baseball field, a custom go-kart track, driving range, indoor basketball court, playground, private dock and three private beaches. Wow. Listing. (credit:MacTavish Team)
New Brunswick: $9.65 million(96 of140)
This is an unusually expensive house by New Brunswick standards, but then this is an unusually large house: 10 bedrooms and 11 baths on 27,000 square feet of living space. There are actually three separate houses on the property, along with two outdoor tennis courts and one indoor one, a beach volleyball court, a baseball field, a custom go-kart track, driving range, indoor basketball court, playground, private dock and three private beaches. Wow. Listing. (credit:MacTavish Team)
New Brunswick: $9.65 million(97 of140)
This is an unusually expensive house by New Brunswick standards, but then this is an unusually large house: 10 bedrooms and 11 baths on 27,000 square feet of living space. There are actually three separate houses on the property, along with two outdoor tennis courts and one indoor one, a beach volleyball court, a baseball field, a custom go-kart track, driving range, indoor basketball court, playground, private dock and three private beaches. Wow. Listing. (credit:MacTavish Team)
New Brunswick: $9.65 million(98 of140)
This is an unusually expensive house by New Brunswick standards, but then this is an unusually large house: 10 bedrooms and 11 baths on 27,000 square feet of living space. There are actually three separate houses on the property, along with two outdoor tennis courts and one indoor one, a beach volleyball court, a baseball field, a custom go-kart track, driving range, indoor basketball court, playground, private dock and three private beaches. Wow. Listing. (credit:MacTavish Team)
New Brunswick: $9.65 million(99 of140)
This is an unusually expensive house by New Brunswick standards, but then this is an unusually large house: 10 bedrooms and 11 baths on 27,000 square feet of living space. There are actually three separate houses on the property, along with two outdoor tennis courts and one indoor one, a beach volleyball court, a baseball field, a custom go-kart track, driving range, indoor basketball court, playground, private dock and three private beaches. Wow. Listing. (credit:MacTavish Team)
New Brunswick: $9.65 million(100 of140)
This is an unusually expensive house by New Brunswick standards, but then this is an unusually large house: 10 bedrooms and 11 baths on 27,000 square feet of living space. There are actually three separate houses on the property, along with two outdoor tennis courts and one indoor one, a beach volleyball court, a baseball field, a custom go-kart track, driving range, indoor basketball court, playground, private dock and three private beaches. Wow. Listing. (credit:MacTavish Team)
Quebec: $25 million(101 of140)
This five-bedroom, seven-bath house is located on Lake Memphremagog in Quebec's eastern townships. The property features three guest houses and a private dock. We last saw this house for sale last fall, at the same price. Listing. (credit:Royal LePage Heritage)
Quebec: $25 million(102 of140)
This five-bedroom, seven-bath house is located on Lake Memphremagog in Quebec's eastern townships. The property features three guest houses and a private dock. We last saw this house for sale last fall, at the same price. Listing. (credit:Royal LePage Heritage)
Quebec: $25 million(103 of140)
This five-bedroom, seven-bath house is located on Lake Memphremagog in Quebec's eastern townships. The property features three guest houses and a private dock. We last saw this house for sale last fall, at the same price. Listing. (credit:Royal LePage Heritage)
Quebec: $25 million(104 of140)
This five-bedroom, seven-bath house is located on Lake Memphremagog in Quebec's eastern townships. The property features three guest houses and a private dock. We last saw this house for sale last fall, at the same price. Listing. (credit:Royal LePage Heritage)
Quebec: $25 million(105 of140)
This five-bedroom, seven-bath house is located on Lake Memphremagog in Quebec's eastern townships. The property features three guest houses and a private dock. We last saw this house for sale last fall, at the same price. Listing. (credit:Royal LePage Heritage)
Quebec: $25 million(106 of140)
This five-bedroom, seven-bath house is located on Lake Memphremagog in Quebec's eastern townships. The property features three guest houses and a private dock. We last saw this house for sale last fall, at the same price. Listing. (credit:Royal LePage Heritage)
Quebec: $25 million(107 of140)
This five-bedroom, seven-bath house is located on Lake Memphremagog in Quebec's eastern townships. The property features three guest houses and a private dock. We last saw this house for sale last fall, at the same price. Listing. (credit:Royal LePage Heritage)
Quebec: $25 million(108 of140)
This five-bedroom, seven-bath house is located on Lake Memphremagog in Quebec's eastern townships. The property features three guest houses and a private dock. We last saw this house for sale last fall, at the same price. Listing. (credit:Royal LePage Heritage)
Quebec: $25 million(109 of140)
This five-bedroom, seven-bath house is located on Lake Memphremagog in Quebec's eastern townships. The property features three guest houses and a private dock. We last saw this house for sale last fall, at the same price. Listing. (credit:Royal LePage Heritage)
Quebec: $25 million(110 of140)
This five-bedroom, seven-bath house is located on Lake Memphremagog in Quebec's eastern townships. The property features three guest houses and a private dock. We last saw this house for sale last fall, at the same price. Listing. (credit:Royal LePage Heritage)
Ontario: $25 Million(111 of140)
Ontario's most expensive house is this swanky property in Toronto's Bridle Path neighbourhood, featuring 14 bedrooms and 10 baths. It was built in the early 1980s by real estate mogul Robert Campeau, and has hosted such guests as Pierre Trudeau and Jane Fonda. Listing. (credit:Barry Cohen Homes)
Ontario: $25 Million(112 of140)
Ontario's most expensive house is this swanky property in Toronto's Bridle Path neighbourhood, featuring 14 bedrooms and 10 baths. It was built in the early 1980s by real estate mogul Robert Campeau, and has hosted such guests as Pierre Trudeau and Jane Fonda. Listing. (credit:Barry Cohen Homes)
Ontario: $25 Million(113 of140)
Ontario's most expensive house is this swanky property in Toronto's Bridle Path neighbourhood, featuring 14 bedrooms and 10 baths. It was built in the early 1980s by real estate mogul Robert Campeau, and has hosted such guests as Pierre Trudeau and Jane Fonda. Listing. (credit:Barry Cohen Homes)
Ontario: $25 Million(114 of140)
Ontario's most expensive house is this swanky property in Toronto's Bridle Path neighbourhood, featuring 14 bedrooms and 10 baths. It was built in the early 1980s by real estate mogul Robert Campeau, and has hosted such guests as Pierre Trudeau and Jane Fonda. Listing. (credit:Barry Cohen Homes)
Ontario: $25 Million(115 of140)
Ontario's most expensive house is this swanky property in Toronto's Bridle Path neighbourhood, featuring 14 bedrooms and 10 baths. It was built in the early 1980s by real estate mogul Robert Campeau, and has hosted such guests as Pierre Trudeau and Jane Fonda. Listing. (credit:Barry Cohen Homes)
Ontario: $25 Million(116 of140)
Ontario's most expensive house is this swanky property in Toronto's Bridle Path neighbourhood, featuring 14 bedrooms and 10 baths. It was built in the early 1980s by real estate mogul Robert Campeau, and has hosted such guests as Pierre Trudeau and Jane Fonda. Listing. (credit:Barry Cohen Homes)
Ontario: $25 Million(117 of140)
Ontario's most expensive house is this swanky property in Toronto's Bridle Path neighbourhood, featuring 14 bedrooms and 10 baths. It was built in the early 1980s by real estate mogul Robert Campeau, and has hosted such guests as Pierre Trudeau and Jane Fonda. Listing. (credit:Barry Cohen Homes)
Ontario: $25 Million(118 of140)
Ontario's most expensive house is this swanky property in Toronto's Bridle Path neighbourhood, featuring 14 bedrooms and 10 baths. It was built in the early 1980s by real estate mogul Robert Campeau, and has hosted such guests as Pierre Trudeau and Jane Fonda. Listing. (credit:Barry Cohen Homes)
Ontario: $25 Million(119 of140)
Ontario's most expensive house is this swanky property in Toronto's Bridle Path neighbourhood, featuring 14 bedrooms and 10 baths. It was built in the early 1980s by real estate mogul Robert Campeau, and has hosted such guests as Pierre Trudeau and Jane Fonda. Listing. (credit:Barry Cohen Homes)
Ontario: $25 Million(120 of140)
Ontario's most expensive house is this swanky property in Toronto's Bridle Path neighbourhood, featuring 14 bedrooms and 10 baths. It was built in the early 1980s by real estate mogul Robert Campeau, and has hosted such guests as Pierre Trudeau and Jane Fonda. Listing. (credit:Barry Cohen Homes)
Ontario: $25 Million(121 of140)
Ontario's most expensive house is this swanky property in Toronto's Bridle Path neighbourhood, featuring 14 bedrooms and 10 baths. It was built in the early 1980s by real estate mogul Robert Campeau, and has hosted such guests as Pierre Trudeau and Jane Fonda. Listing. (credit:Barry Cohen Homes)
Ontario: $25 Million(122 of140)
Ontario's most expensive house is this swanky property in Toronto's Bridle Path neighbourhood, featuring 14 bedrooms and 10 baths. It was built in the early 1980s by real estate mogul Robert Campeau, and has hosted such guests as Pierre Trudeau and Jane Fonda. Listing. (credit:Barry Cohen Homes)
Ontario: $25 Million(123 of140)
Ontario's most expensive house is this swanky property in Toronto's Bridle Path neighbourhood, featuring 14 bedrooms and 10 baths. It was built in the early 1980s by real estate mogul Robert Campeau, and has hosted such guests as Pierre Trudeau and Jane Fonda. Listing. (credit:Barry Cohen Homes)
Ontario: $25 Million(124 of140)
Ontario's most expensive house is this swanky property in Toronto's Bridle Path neighbourhood, featuring 14 bedrooms and 10 baths. It was built in the early 1980s by real estate mogul Robert Campeau, and has hosted such guests as Pierre Trudeau and Jane Fonda. Listing. (credit:Barry Cohen Homes)
British Columbia: $25.8 million(125 of140)
The most expensive publicly listed house in Canada is this boarded-up home in Vancouver. Obviously, what you're paying for here is the land: 52,141 square feet of it in ritzy Point Grey. It's been on sale at least since last summer, and while other houses on this list have come down in price, this one hasn't. Hey, it's Vancouver. Listing. (credit:Realtor.ca)
British Columbia: $25.8 million(126 of140)
The most expensive publicly listed house in Canada is this boarded-up home in Vancouver. Obviously, what you're paying for here is the land: 52,141 square feet of it in ritzy Point Grey. It's been on sale at least since last summer, and while other houses on this list have come down in price, this one hasn't. Hey, it's Vancouver. Listing. (credit:Realtor.ca)
British Columbia: $25.8 million(127 of140)
The most expensive publicly listed house in Canada is this boarded-up home in Vancouver. Obviously, what you're paying for here is the land: 52,141 square feet of it in ritzy Point Grey. It's been on sale at least since last summer, and while other houses on this list have come down in price, this one hasn't. Hey, it's Vancouver. Listing. (credit:Realtor.ca)
British Columbia: $25.8 million(128 of140)
The most expensive publicly listed house in Canada is this boarded-up home in Vancouver. Obviously, what you're paying for here is the land: 52,141 square feet of it in ritzy Point Grey. It's been on sale at least since last summer, and while other houses on this list have come down in price, this one hasn't. Hey, it's Vancouver. Listing. (credit:Realtor.ca)
Alberta: $28.89 million(129 of140)
This, the most expensive publicly listed house for sale in Canada, was on sale for $38 million as recently as last fall, but then the oil price crash came along. The property was once owned by the Ford family of Ford Motor Company fame. There are two houses on the 242-acre property, as well as a covered bridge and even a vintage gas station. Listing. (credit:Sotheby's International Canada)
Alberta: $28.89 million(130 of140)
This, the most expensive publicly listed house for sale in Canada, was on sale for $38 million as recently as last fall, but then the oil price crash came along. The property was once owned by the Ford family of Ford Motor Company fame. There are two houses on the 242-acre property, as well as a covered bridge and even a vintage gas station. Listing. (credit:Sotheby's International Canada)
Alberta: $28.89 million(131 of140)
This, the most expensive publicly listed house for sale in Canada, was on sale for $38 million as recently as last fall, but then the oil price crash came along. The property was once owned by the Ford family of Ford Motor Company fame. There are two houses on the 242-acre property, as well as a covered bridge and even a vintage gas station. Listing. (credit:Sotheby's International Canada)
Alberta: $28.89 million(132 of140)
This, the most expensive publicly listed house for sale in Canada, was on sale for $38 million as recently as last fall, but then the oil price crash came along. The property was once owned by the Ford family of Ford Motor Company fame. There are two houses on the 242-acre property, as well as a covered bridge and even a vintage gas station. Listing. (credit:Sotheby's International Canada)
Alberta: $28.89 million(133 of140)
This, the most expensive publicly listed house for sale in Canada, was on sale for $38 million as recently as last fall, but then the oil price crash came along. The property was once owned by the Ford family of Ford Motor Company fame. There are two houses on the 242-acre property, as well as a covered bridge and even a vintage gas station. Listing. (credit:Sotheby's International Canada)
Alberta: $28.89 million(134 of140)
This, the most expensive publicly listed house for sale in Canada, was on sale for $38 million as recently as last fall, but then the oil price crash came along. The property was once owned by the Ford family of Ford Motor Company fame. There are two houses on the 242-acre property, as well as a covered bridge and even a vintage gas station. Listing. (credit:Sotheby's International Canada)
Alberta: $28.89 million(135 of140)
This, the most expensive publicly listed house for sale in Canada, was on sale for $38 million as recently as last fall, but then the oil price crash came along. The property was once owned by the Ford family of Ford Motor Company fame. There are two houses on the 242-acre property, as well as a covered bridge and even a vintage gas station. Listing. (credit:Sotheby's International Canada)
Alberta: $28.89 million(136 of140)
This, the most expensive publicly listed house for sale in Canada, was on sale for $38 million as recently as last fall, but then the oil price crash came along. The property was once owned by the Ford family of Ford Motor Company fame. There are two houses on the 242-acre property, as well as a covered bridge and even a vintage gas station. Listing. (credit:Sotheby's International Canada)
Alberta: $28.89 million(137 of140)
This, the most expensive publicly listed house for sale in Canada, was on sale for $38 million as recently as last fall, but then the oil price crash came along. The property was once owned by the Ford family of Ford Motor Company fame. There are two houses on the 242-acre property, as well as a covered bridge and even a vintage gas station. Listing. (credit:Sotheby's International Canada)
Alberta: $28.89 million(138 of140)
This, the most expensive publicly listed house for sale in Canada, was on sale for $38 million as recently as last fall, but then the oil price crash came along. The property was once owned by the Ford family of Ford Motor Company fame. There are two houses on the 242-acre property, as well as a covered bridge and even a vintage gas station. Listing. (credit:Sotheby's International Canada)
Alberta: $28.89 million(139 of140)
This, the most expensive publicly listed house for sale in Canada, was on sale for $38 million as recently as last fall, but then the oil price crash came along. The property was once owned by the Ford family of Ford Motor Company fame. There are two houses on the 242-acre property, as well as a covered bridge and even a vintage gas station. Listing. (credit:Sotheby's International Canada)
Alberta: $28.89 million(140 of140)
This, the most expensive publicly listed house for sale in Canada, was on sale for $38 million as recently as last fall, but then the oil price crash came along. The property was once owned by the Ford family of Ford Motor Company fame. There are two houses on the 242-acre property, as well as a covered bridge and even a vintage gas station. Listing. (credit:Sotheby's International Canada)