It's expensive to call Toronto home, but even amid affordability challenges, we can all plead guilty to sifting through the pages of Architectural Digest and dreaming of owning a luxe property. So much so that there's now a television series about Toronto's most expensive homes.

Toronto is home to some of the most upscale neighbourhoods in the country, that boast some impressive luxury housing. Here are the five most expensive homes for sale in Toronto right now.

8000 - 1 Bloor Street Street W

How much are you willing to shell out for a six-bed, eight-bath condo sprawled over 8,000 sq. ft. on the 80^th floor of a skyscraper? Well, the palatial unit would cost you $34,981,778. With floor-to-ceiling glass, expect to bask in sunshine that floods through every corner of the house. To add to this, there's a garden terrace and a heated outdoor infinity pool.

The One, Bloor West. The Agency.

Though The One is still under construction, when completed at its full height of 91 storeys, it will be the second tallest building in Toronto, standing at 328 metres.

88 Forest Heights Boulevard

This opulent estate boasts six bedrooms and 11 bathrooms spread across 20,000 sq. ft. The colonnaded arches and French windows add a touch of timelessness to this house.

88 Forest Heights Boulevard. Barry Cohen Homes.

With heated marble flooring, perfectly manicured lawns, and an outdoor pool, the mansion is priced at $29,800,000.

45 Park Lane Circle

If you aspire to have musician Drake as your neighbour, then this L.A.-inspired bungalow might be what you want to invest in. Nestled among lush maple and pine trees, the property spans three acres with 17,000 sq. ft. of living space. There are five bedrooms and nine bathrooms in this bungalow that was remodelled this year.

45 Park Lane. Barry Cohen Homes.

It has modern amenities like a home theatre, spa, and walk-in closets. A tennis court and outdoor swimming pool add to the luxury. The bungalow is up for sale for $29,800,000.

30 High Point Road

A mid-century marvel, this property spans over two acres and is enveloped by a lush canopy of trees. This palatial house has eight bedrooms and 13 bathrooms spread over 26,000 sq. ft. of living space.

30 High Point Road. Sotheby's International Realty.

The property boasts contemporary finishes like granite floors and tiered concrete walls. There is a central four-storey solarium and indoor and outdoor pools. The property is priced at $28,000,000.

103 Old Colony Road

A contemporary blend of nature and heritage architectural elements, this estate is a luxurious abode sprawled across 21,000 sq. ft. It houses six bedrooms, 11 bathrooms, a tennis court, a swimming pool, a spa and a cabana.

103 Old Colony Road. Barry Cohen Homes.

The estate boasts of functionality and innovation that are built harmoniously with natural materials like white oak, walnut, limestone and marble. It could be yours for $25,000,000.