What kind of house does $7 million get you in Toronto

$7 million homes in Toronto are the domain of true millionaires. Pools, wine cellars, and libraries are standard issue at this price point. You'll also find an abundance of ravine lots in this range, which gets you into pretty much any neighbourhood in Toronto short of the Bridle Path. 

Here's what a $7 million house looks like in Toronto.

$7,295,000 for a ravine-side mansion in Lawrence Park

This is the definition of a dream home. It's not a ridiculously estate-style property, but it backs onto a ravine and has a wonderfully private backyard with a gorgeous pool that's surrounded by tall trees. The rooms here are have a commanding stature thanks to their huge size, even as there are only (only) five bedrooms. 

$7,398,000 for a palace in Edenbridge

Located near Royal York and Dundas, this sprawling estate has dreamy grounds protected by an electronic front gate. Everything here is a bit outlandish from the size of the home (10,000 square feet) to the fact that there are two washers and driers. Once you enter the gates, you may never want to leave.

$6,999,000 for a palace at Bayview and York Mills

If you spend $7 million off the Bridle Path, you can get an incredibly luxurious home with luxury features like an in-house movie theatre, bar and games room, as well as an outdoor pool with cabanas. The property size isn't as big as some of the others in the price range, but the home itself is about as pimped out as they come.

$7,088,000 for a chateau in the Humber Valley

This chateau-style home backs onto Lambton golf course and feels like it's located in an entirely different world than Toronto, even though you could drive downtown in about 20 minutes with no traffic. Some of the highlights include an outdoor pool, 12 parking spaces, his and hers en suites (come on), and your own elevator.  

$7,800,000 for a mansion in a private neighbourhood

$7+ million doesn't just buy you a stunning property, it allows you to live in the most prestigous neighbourhoods Toronto has to offer, like the private enclave that is Wychwood Park. This nine bedroom house feautres unmatched privacy and an unbelievable view of the city from its terrace. It was built in 1915 when the community was young, but it's been upgraded to the hilt since then. 

by Derek Flack via blogTO