This mansion is one of the most expensive homes for sale in Toronto right now

Despite Toronto's home price benchmark declining by 4.6 per cent on a year-over-year basis last month, there are still plenty of properties on the market with price tags that'll be sure to make your head spin.

Although their prices are unrealistic for most of us, it's always entertaining to browse real estate websites and marvel over some of the most lavish properties the city has to offer. 

One of the most expensive properties currently for sale in Toronto is this $9.8 million mansion, which is, to no surprise, located just a few steps away from the opulent Bridle Path at 7 Alderbrook Drive. 

To give you some perspective, the six-bedroom home is located a short drive away from Drake's 50,000 square-feet mega-mansion, meaning whoever calls this property home in the future is sure to brush shoulders with wealthy investors, millionaires, and celebrities on a regular basis. 

The home is positioned next to a complex network of parks, ravines, and greenspaces, including Wilket Creek, Edward Gardens, and the Toronto Botanical Garden.

According to its listing, the property presents an array of development possibilities for the buyer, including options to renovate or start from scratch and build a single-family residence. 

The home's classic brick facade leads to a more contemporary interior. 

The family-sized kitchen boasts a walk-out to the patio, a massive island, as well as stainless steel appliances.

Situated right next to the kitchen is the breakfast area, which provides serene views of the outdoors. 

Aside from its impressive square footage, one of the home's main selling points is its in-ground outdoor pool, which looks like an oasis against the property's park-like setting. 

Inside the home's cozy office, you'll find quirky patterned walls stacked with books and a fireplace. 

A spiral staircase in the main family room leads you to the home's second storey, where you'll find the primary bedroom, equipped with a five-piece ensuite and a walk-in closet. 

Whichever millionaire eventually calls this place home will most definitely need a place to store all their luxury vehicles, and the property offers more than enough room to store them with its 12 parking spaces and circular driveway. 

This mansion is currently on the market for a mind-boggling $9,780,000.