$14,995,000

For sale

50 Park Lane Circle, Toronto (Bridle Path-Sunnybrook-York Mills) - Single Family for Sale

50 Park Lane Circle, Toronto (Bridle Path-Sunnybrook-York Mills), Ontario, M3C2N2

9 beds17 baths28 parking200 × 531 ft (2.43 acres) lot sizeListed 57 days ago

Overview

This 9-bedroom, 17-bathroom home in Toronto is for sale. It has been on the market 57 days, fresher than the Toronto average of 76 days.

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Description

Two Picturesque Acres - Mostly Table Land And On Ravine With Two Attached Dwellings: A Modern Sprawling Bungalow And A Separate 2-Storey, 6-Bedroom Residence. Ideal For Multi-Generational Living Or The Perfect Palette For Your New Build Within Toronto's Iconic Bridle Path Neighborhood On A Quiet Stretch Of Park Lane Circle. This Extraordinary Property Offers Unparalleled Tranquility And A Landscaped Oasis With Mature Trees Enveloping The Serene Backyard. Build New Up To 44,000 Sq Ft Or Enjoy This Thoughtfully Multi-Generational Designed Home With 16,000 Sq Ft Of Living Area. The Main House, Designed In Part By Renowned Architect Mariyama Teshima, Features Soaring Three-Storey Floor-To-Ceiling Windows Offering Panoramic Ravine Views, Hand-Cut Heated Marble Flooring, And A Grand Circular Staircase. Multiple Walkouts Perfect For Entertaining. The Estate Offers 8+1 Bedrooms, 16 Washrooms, An elevator, Dumbwaiter, And Multiple Fireplaces. Complete With A Pool, An Outdoor Washroom And Two Change Rooms. Enjoy Expansive Rear Yard Seating And Lookout Points To Soak Up The Ravine And Private Views. Conveniently Located, Just A Short Walk From Famed Edward Gardens, Sunnybrook Park, The Granite Club, Canada's Acclaimed Private Schools, Trendy Shops, And Eateries. (id:66096)

Property Details

MLS®: C13765942
Property Type: Single Family
Bedrooms: 9
Beds (above / below): 8 above · 1 below
Bathrooms: 17
Half Baths: 6
Parking: 28
Lot Size: 200 × 531 ft (2.43 acres)
Frontage: 200 ft
Storeys: 2
Basement: Finished, Walk out, N/A
Heating: Forced air, Oil
Cooling: Central air conditioning, Air exchanger
Garage: Garage
Fireplace: Yes
Pool: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 9 x 6.17 meters
Dining room: 8.08 x 4.52 meters
Kitchen: 6.76 x 4.29 meters
Family room: 7.9 x 7.26 meters
Office: 4.85 x 3.96 meters
Primary Bedroom: 7.06 x 4.88 meters
Bedroom 2: 4.29 x 4.27 meters

Lower level

Games room: 5.13 x 3.68 meters
Other: 4.48 x 3.68 meters
Recreational, Games room: 15.37 x 12.65 meters

Features

Appliances: All, Washer, Refrigerator, Central Vacuum, Whirlpool, Intercom, Dishwasher, Range, Dryer, Cooktop, Oven - Built-In, Garage door opener remote(s)
Flooring: Marble, Carpeted
Foundation: Block, Poured Concrete
Exterior: Wood, Brick
Lot Features: Wooded area, Ravine, Backs on greenbelt, Flat site, Conservation/green belt, Wheelchair access, Sump Pump, Sauna

Services

Water: Municipal water
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

57d

Toronto (Bridle Path-Sunnybrook-York Mills) listings, avg age

76d

List price

$14.99M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 9-bed single family in Toronto (Bridle Path-Sunnybrook-York Mills) has been listed for 57 days, which is 19 days fresher than the city average of 76. Act while there is still low competition.

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Listed by RE/MAX REALTRON BARRY COHEN HOMES INC. · BARRY COHEN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3C)

This home lists at $14,995,000, about 201.3× the local median household income of $74,500.

Carrying it typically needs a household income of about $2,929,048 (20% down, 25-yr amortization, stress-tested) — roughly 3832% above the area median.

Median household income: $74,500
Population: 39,616
Median age: 40.4
Owner / renter: 45% / 55%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M3C)

$14,995,000

For sale

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Full Cost Breakdown

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Down Payment20% · $2,999,000

Min 20%50%

Mortgage payment$63,950/mo

Property tax (est.)$4,609/mo

Total monthly$68,559

Cash Needed to Close

Down payment (20%)$2,999,000

Land transfer tax$722,700

Est. closing costs$47,485

Total cash needed$3,769,185

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