02/14/2013 08:50 EST

The 11 Most Expensive Houses For Sale In Toronto

Toronto's housing market has been under some pressure recently, particularly the condo sector, but you wouldn't necessarily know it looking at the top end of the housing market.

Home sales volumes in Toronto were down 1.3 per cent year-over-year in January, a considerable improvement from December's 19.5-per-cent drop.

But one segment of the market that seems to be holding up nicely (more than nicely, one could say) are $1 million-plus homes, which recorded a 3.5-per-cent increase in sales in January.

The average Torontonian may be reaching the limit of what they can borrow to buy a house, but the city's wealthy still seem to have a bit of cash on hand.

Here are the 11 most expensive mansions and condos for sale in the Greater Toronto Area this month.

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