Here’s what $2.5M gets you in Ontario right now

Curious what a $2.5 million budget gets you in Ontario’s real estate market? From luxury homes in the suburbs to a modern condos in the city, Ontario has a lot to offer. Let’s check out current listings:

Entertainment District, Toronto- $2.55M


– Luxury 2 bed 2 bath condo at The Ritz-Carlton with high ceilings and designer finishes

– High-End Kitchen with granite counters and custom cabinets.

– Upgraded Features including marble floor ensuite and custom closet cabinetry.

– Stunning City Views and exclusive lifestyle in Toronto’s Entertainment District.

– Premium Amenities including valet, concierge, spa, pool, and fitness center.

Annual Property Taxes: $7,702.10

Link to MLS

North Leaside, Toronto – $2.5M

– Includes 3 bedrooms, 2 baths, and is located in North Leaside, close to top schools, shops, and Serena Gundy Park.

– Features unique built-ins and a Scandinavian-contemporary natural gas fireplace for a retro-chic style.

– Equipped with high-end Miele fridge and Porter & Charles gas range, plus a natural gas Weber BBQ.

Annual Property Taxes: $10,673.71

Link to MLS

Brampton – $2.49M

-Luxury 3-car garage, ravine lot home with over 6000 sq ft of living space.

-Legal finished second dwelling basement, 10 ft ceilings on the main floor, 5+3 bedrooms, 8 bathrooms.

-Prime location near parks, shopping, and transport, with high-end finishes and appliances.

Annual Property Taxes: $11,453.21

Link to MLS

The Kawarthas- $2.45M

-Renovated 6 bed, 5 bath Tudor Country Estate on 96 acres in the Kawarthas with private airplane runway and tennis court.

-Open-concept living, library with custom bookcases, and gourmet kitchen with wood-burning fireplace.

– 900 SQ FT primary bedroom with private balcony for world-class sunrises and sunsets.

-Resort-like outdoor amenities: inground pool, pond, fire pit, large garage, and fruit orchards.

Annual Property Taxes: $7,911.96

Link to MLS

Greely, Ottawa – $2.55M

-6 bedroom, 4 bathroom luxury bungalow in Greely on approx 29 acres with a man-made spring-fed lake and a 6-car heated garage.

-Open-concept living with cherry hardwood floors, a cozy fireplace in the living room, and a large chef’s kitchen with granite countertops.

-Airy primary bedroom with lake views, walk-in closet, and a stunning 5-pc ensuite.

-Resort-like backyard featuring a heated saltwater pool with custom cabana overlooking the lake.

Annual Property Taxes: $6,288

Link to MLS

Greater Peterborough – $2.5M

-Tranquil 4 bed 3 bath 168-acre estate on Indian River, offering kayaking, fishing, and more, just 15 mins from Peterborough

-Custom-built 2-storey home with cathedral ceilings and an open floor plan perfect for entertaining.

-Oversized primary suite with large closets, river-view balcony, and spacious ensuite bathroom.

-Adventure-ready with walking trails, ATVing, cross-country skiing, and horseback riding opportunities.

Annual Property Taxes: $4,706.14

Link to MLS

Niagara Falls – $2.495

-Located on the Niagara River Parkway, close to attractions, this 1.5-acre property offers river views and a sunset-facing backyard with a heated pool, outdoor kitchen, and entertainment areas.

-Spacious home with 4000sqft+2400sqft lower level, 8 bedrooms, 7 baths, high ceilings, and luxury amenities including a private golf green and hot tub.

-Features include a grand foyer, family room with fireplace, loft with balcony views, updated kitchen, and principal suite with backyard access.

-Comes with a 4-car attached garage, additional detached garages, freshly painted, and updated A/C, perfect for families or potential B&B.

Annual Property Taxes– $12,700

Link to MLS

Stoney Creek, Hamilton- $2.488

-3-storey luxury home in Stoney Creek on a corner lot with 6 beds, 7 baths, and 2 kitchens, offering stunning lake views and privacy.

-Features grand staircase, wrap-around terraces, porcelain and white oak floors, and a chef’s kitchen with quartz countertops.

-Each bedroom includes an ensuite and private balcony; primary bedroom boasts a 5-pc ensuite and terrace.

-Includes a lower level with a second kitchen and rec room, landscaped garden, 3-car garage, and stone interlock driveway.

Annual Property Taxes: $11,857.49

Link to MLS

Kitchener- $2.49M

-Modern bungalow with over 4300 sq.ft of living space, 4 bedrooms, 4 bathrooms, and chef’s kitchen with maple cabinets and quartz countertops.

-Bright family room with floor-to-ceiling stone fireplace and custom cabinetry.

-High ceilings (10′ to 13′ on the main floor, 9′ downstairs), surround sound system, and home theater.

-Private, fenced backyard with an irrigation system for easy maintenance.

Annual property taxes: $9950

Link to MLS

With $2.5 million, you can explore a range of stunning homes in Ontario, each offering its own version of luxury living. Whether it’s a spacious house away from the hustle and bustle or a stylish condo in the heart of the city, this budget can get you a fantastic place to call home in one of Canada’s most sought-after regions.

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