A client of mine asked the other day, “What is the most expensive house in the city of Toronto?”
I suppose it’s tough to say; does that mean the most expensive existing house? Or the highest ever sale? Do we look at MPAC assessments, or just sold data?
I combed through MLS, and from what I can tell, the most expensive house to ever sell (through MLS, at least) in Toronto was on Teddington Park, and fetched $17,500,000 in 2011.
I know, I know, I’m thinking the same thing as you right now: “That’s it?”
To put things into perspective, here’s a video of the most expensive house in North America, which makes $17.5 Million look like chump change…
Before you watch the video, try and have a guess at where the house is.
Okay, you probably know that it’s in the U.S.A., and not Canada. But have a guess which state.
Is it in California? Maybe something related to Silicon Valley?
Or an estate in Arizona or New Mexico?
How about a vacation property in Aspen or Vail, Colorado?
Or maybe a massive estate on the water in Florida?
How about something in New York State, like The Hamptons?
Or what about “old money” in Connecticut, Vermont, or New Hampshire?
Do yourself a favour, and have a guess first.
Let me know if you picked correctly…