This contemporary home located at 35 Astley Avenue is just the latest luxurious property to enter Toronto's real estate market at a staggering $12,800,000. 

The 8,631-square-foot home is located in Toronto's prestigious Roosedale-Moore Park neighbourhood, and sits on the site of a former 1950s-style abandoned ranch home. 

The "ghost house" appeared in stark contrast to the other upscale homes in the area, and remained unoccupied for a number of years before it was finally demolished in 2018. 

The entire property sprawls across 26,102 square feet on a pie-shaped ravine lot, and combines traditional design with contemporary elements. 

Upon entry, you'll be greeted with a grand foyer with soaring 23 foot high ceilings. 

Nearly every room of the five-bathroom, eight-bathroom home boasts views of the scenic neighbouring ravine, and the property is just a short walk away from the Don Valley Brickworks Park and the Lower Don Parklands. 

In the eat-in kitchen, you'll find top-of-the-line appliances, gold accents, lots of cabinet space, an oversized island, and a bistro bar. 

The main floor office features solid white oak panelling and copper-tiled ceilings. 

The primary suite boasts a 200-square-foot walk-in closet, wall-t0-wall custom built-ins, views of the ravine, and an oversized island. 

The spa-like ensuite includes a glistening chandelier, double sink vanity, freestanding soaker tub, and a massive walk-in glass shower. 

The lower level serves as a true entertainer's space, with a custom 460-bottle wine cellar, a 4k projector, a 120-inch screen, and an additional kitchenette. 

Considering its newly built features, contemporary elements, and close proximity to several green spaces, it doesn't come as a surprise that this sprawling property comes with a hefty price tag of nearly $13 million. You can find the full listing realtor.ca.