$16 million Rosedale mansion one of 5 most expensive Toronto homes that recently sold

House prices might be down from last year (which is certainly welcome news for prospective buyers who have been waiting for years for a morsel of relief), but many homes are still selling for big bucks–especially in Canada’s largest city.

Last month, five luxurious homes changed hands for far more than Toronto’s average price of $1,155,616 (which is down from the average price of $1,193,202, recorded in May 2024). 

Here’s a look at the five most expensive homes that sold last month, courtesy of real estate website and brokerage Zoocasa:

11 Thornwood Rd.

This five-bedroom, eight-bathroom house sold for $16,180,340 after hitting the market at $18,888,000. Located in Toronto’s prestigious Rosedale neighbourhood, the unique Thornwood House–which almost looks more like a gallery or plaza–is known for “showcasing the architectural mastery of KPMB.” Offering more than 9,000 square feet of space, the house features floor-to-ceiling windows overlooking the private ravine garden, high ceilings, white oak flooring, a top-tier chef’s kitchen, spacious bedrooms with ensuite bathrooms, a two-car garage with a car-lift and more. 

192 Glenrose Ave.

This seven-bedroom, six-bathroom home in Moore Park sold for $6,450,000 after hitting the market at $6,895,000. Situated on a large lot, this classic home offers over 6,000 square feet of space and was recently renovated. The home boasts 10-foot ceilings, crown moulding, a library/office with a gas fireplace, a formal dining room, a chef’s kitchen with custom cabinetry, a master bedroom with a private balcony and walk-in closet, an exercise room, a wine cellar, a huge mudroom and more. 

8 St Leonard’s Cres.

This Lawrence Park home offers six bedrooms, five bathrooms and over 5,000 square feet of space. The house, which sold for $5,814,000 after being listed at $5,695,000, boasts a three-storey rear addition, a custom-designed kitchen with a large island, walk-through pantry and wine fridge and a spacious family room with a gas fireplace. The house also offers a mudroom with heated floors and a large master bedroom with an office nook, walk-in closet and an ensuite bathroom with heated floors. 

7 Dunloe Rd.

Located in the city’s prestigious Forest Hill neighbourhood, this six-bedroom, six-bathroom family home just sold for $5,800,000 after being listed for $6,498,000. The house features five oversized upstairs bedrooms (including a spacious master bedroom with his and hers walk-in closets and a spa-like ensuite), hardwood floors and a chef’s kitchen with top-of-the-line appliances, custom cabinetry, two dishwashers and a large island with a wine fridge. The home also boasts a gym, a theatre room, an in-ground pool, a hot tub, an outdoor cabana and more. 

72 Rosedale Heights Dr.

This stylish, modern family home in Moore Park recently sold for $5,300,000 after hitting the market at $5,495,000. The house boasts eight bedrooms, five bathrooms, landscaped rear and front gardens and a “picture-perfect facade.” The house also includes a living room with a wood-burning fireplace, a formal dining room, a gourmet kitchen with an oversized island, a large master bedroom with a Juliet balcony, walk-in closet and ensuite bathroom, a dedicated office, a finished basement, a gym, a wine cellar and more.