There were 795 August MLS residential sales in the G.T.A. that sold for $1.5 million or more, down from 2021's 1289 August sales, and the third highest number of August sales in all 15 recorded years since 2008. Of the 795 sales, 210 homes sold for $2,000,000 to $3,000,000. 94 sales were for more than $3,000,000.

The highest priced G.T.A. residential sale reported through the Toronto Regional Real Estate Board in August was $9,680,000. The sale was for a brick and stone two storey residence on a 98 by 166 feet lot in the Bayview and York Mill area. The home comes with 5 bedrooms, 10 baths, a 4 car attached garage, and an inground pool. The listing brokerage described the property "Timeless appeal - architecturally significant with refinement. This classic chateau style home of the grandest proportions is privately ensconced within a sought-after neighbourhood. The gated entry, cut-stone facade, and circular motor court create a dramatic welcome to this esteemed manor. This architectural marvel enjoys a glorious setting nestled amid the finest Toronto estates. Enjoy alfresco dining poolside under the stars overlooking the ravine."