2 Bridle Heath Gate, Toronto, ON
Bridle Path-Sunnybrook-York Mills, Toronto · MLS® C12339314
About this home
In short
- The Palisades of Bridle Path.
- A rarely offered 2-acre parcel of land nestled among some of the country's most iconic estates.
The Palisades of Bridle Path. Nestled in the heart of North York, The Bridle Path is synonymous with elegance, exclusivity, and ultra-luxury living. Known for its sprawling estates, gated mansions, and lush, tree-lined streets, this iconic neighborhood is home to business moguls, celebrities, and global elites. Boasting some of the most architecturally significant properties in the country, The Bridle Path offers unmatched privacy, world-class amenities, and proximity to prestigious schools, the Granite Club, and the Toronto French School. A rarely offered 2-acre parcel of land nestled among some of the country's most iconic estates.This expansive, ultra-private property presents a blank canvas for a world-class residence, surrounded by mature trees, estate homes, and the unmistakable prestige of Canadas most exclusive neighborhood. Whether you're envisioning a grand architectural masterpiece or a timeless legacy estate, this rare land offering is a chance to create something truly remarkable. The Bridle Path represents the pinnacle of luxury real estate in Canada. A world of magnificence awaits
Key facts
- Property type
- Detached, Bungalow
- MLS®
- C12339314
- Bedrooms
- 4
- Bathrooms
- 4
- Size
- 3000-3500 sq ft
- Lot
- 191 × 348 ft
- Cross streets
- Post Rd & Bayview
- Parking
- 2 garage · 12 parking (attached)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Other
- Foundation
- Unknown
- Roof
- Unknown
- Sewer
- Sewer
- Property tax
- $40,683 / 2025
- Days on market
- 392
- Listing brokerage
- HAMMOND INTERNATIONAL PROPERTIES LIMITED
Listed at $16,800,000. My estimate lands at $3.53M, so the ask sits about 375% above what comparable sales suggest. A gap that wide can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look at what justifies it before you offer. Treat the figure as a starting point: tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
A price cut is the likelier next move. 392 days on the market against about 35 for homes like it here, and asking 375% above where comparable closings put it. That is leverage for a buyer: offer with it in mind rather than waiting for the cut, since a reduction brings new eyes with it.
Second read, from the city assessment: $9.21M. That is about 161% above the comparable-sales figure. When my two methods disagree this much, the answer usually sits between them and something about this home is not in the comparables (the lot, the condition, a rebuild). I would want to see it before leaning on either number.
Total price vs nearby homes. Fair value about $3.53M, median of 7 comparables.
The market behind the math:
About 1.9 months of inventory: 9 detached homes for sale in the area against 14 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
How this estimate is builtthe short version
I take the 7 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $9.21M, higher than the comparables and worth a second look.
Schools & getting aroundcatchment and transit
On schools, this address is zoned for York Mills Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Bridle Path-Sunnybrook-York Mills, so I widened the search to the surrounding area.
Based on 7 comparable homes that sold in Bridle Path-Sunnybrook-York Mills over the past two years, from 107 closings there.
For sale
For sale
For sale
For sale
For sale
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For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $3.53M, which is where my estimate comes from.
Per square foot, these ask about $1,751/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Bridle Path-Sunnybrook-York Mills, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Also nearby: 10 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 8, 2026); conventional rates run a little higher.
Mortgage amount $13,440,000 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $72,457
- Property tax
- $3,390
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $75,847
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $406,475
- Toronto municipal land transfer tax
- $858,475
- Estimated closing costs
- $1,264,950
Plus your down payment of $3,360,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $4,347,393
- Principal paid down
- $1,691,528
- Interest paid
- $2,655,865
- Balance remaining
- $11,748,472
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 11 whole-home leases in Bridle Path-Sunnybrook-York Mills signed at a median of $7,615 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,656. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HAMMOND INTERNATIONAL PROPERTIES LIMITED. MLS®/PropTx.