Luxury living in Canada: 5 Most Expensive Neighborhoods in Toronto

There’s no doubt that some parts of the city are more economical than others when it comes to living in Toronto. However, due to the enormous rise in housing prices in recent years, Canada’s largest city, Toronto, is currently considered one of the world’s most expensive cities. That being said, there are some areas of the city that are more expensive than others, and as you might expect, housing prices vary greatly from one neighbourhood to the next. So if you are looking for an elite lifestyle for your family in some of the most posh neighbourhoods of the city, then this list is for you! Here are 5 most expensive neighbourhoods in Toronto.

1. Rosedale:

Rosedale, located north of Toronto’s downtown, is a lovely and wealthy neighbourhood. This is a refined traditional neighbourhood where many of Ontario’s most powerful and wealthy families have lived for years. Residents in Europe would undoubtedly be considered members of the “old money” class of citizens. This old and charming neighbourhood is almost completely cut off from the chaos that may accompany city life. Almost all of the land in the neighbourhood that is not occupied by residences is green space, with old growth trees isolating the rest of the city. With spectacular greens and abundance of all necessary amenities to ensure a comfortable and luxurious living, this city has it all! View some of the finest houses for sale in Rosedale-Moore park at https://savemax.com/buy/hamilton-real-estate.

2. The Bridle Path:

While Rosedale is a more traditional neighbourhood, Bridle Path offers a more flashy and exotic ambience. Once you stroll onto the Bridle Path, you’ll quickly realise you’ve entered one of Canada’s most affluent areas. The houses are all opulent, with everything from ultra-modern construction to villas that look like they belong in a mediaeval castle. The Bridle Path is without a doubt Canada’s wealthiest and most expensive neighbourhood. The wealth is virtually oozing off the gated homes, which are measured in acres rather than feet. This neighbourhood, located just east of Bayview around Lawrence, has been home to wealthy people from all walks of life, including Conrad Black and Prince, the singer. It also has all recreational activities that you would potentially want to be involved in, along with great educational and economic opportunities. View the most spectacular houses for sale in Bridle Path-Sunnybrook-York Mills.

3. Casa Loma:

Casa Loma is home to some of the country’s wealthiest and most prominent people. Much of the region has been left wooded, like in many other luxury areas in Canada, and the trees are interspersed with big lots and expansive residences. Casa Loma is named after the renowned castle, and offers many castle-like vibes for residents. The solitude it offers is one of the reasons it has become such a haven for the wealthy and powerful people. Because there are no sidewalks, there is very little foot traffic. The enclave also has very limited road access, which helps to keep outsiders out while also providing great solitude and seclusion for its wealthy members. If you wish to be among one of the residents of this spectacular lavish city, check out some of the greatest houses at Casa loma at https://savemax.com/buy/torono-real-estate.

4. Lawrence Park South:

One of Toronto’s most affluent neighbourhoods is Lawrence Park. It is nestled in a serene and calm environment with gently sloping hills, winding roads, and lush terrain. Lawrence Park’s businesses, schools, and recreational facilities are all on the outskirts, reducing traffic on residential streets. This region is home to a number of foreign ambassadors as well as other high-ranking officials. When one of your neighbours is the country’s leader, it’s difficult to describe a neighbourhood as anything but opulent. This uptown shopping destination for families is gaining a reputation as a buzzing community with a broad selection of shops. If you wish to be part of this exciting and posh community and seek to be part of the lawn bowling club or play in the clay surface tennis courts, check out the best houses at https://savemax.com/buy/toronto-real-estate.

5. Kingsway:

The Kingsway South is suited for kings. If spacious, well-kept estates with not a blade of grass out of place, private golf clubs, and waterfront property come to mind when you think of luxury, you will be extremely happy in this city. You will obtain a more spacious and airy atmosphere than many other luxury neighbourhoods buried in the central parts of Canada’s main cities because the neighbourhood has a suburban feel to it. Kingsway South is an excellent choice for anyone seeking a peaceful retreat in one of the country’s most lively cities. If you want to be part of the residential streets of Kingsway South are punctuated with gorgeous century buildings, grand architecture and incredible stately homes.

Now that you know where in Toronto you can begin your quest for houses with Save Max today!