48 the bridle Path, Toronto, ON

Bridle Path-Sunnybrook-York Mills, Toronto · MLS® C12864050

$6,500,000
For Sale
Listed 183 days agoNo offer date statedPrice drop likely
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3Bedrooms
2Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

Build to suit! Situated in the heart of Millionaire's Row, 48 the Bridle Path offers a rare 103' x 260' rectangular lot, providing over 26,000 square feet of prime, sun-drenched land. Surrounded by lush greenery and the city's most significant architectural landmarks, this property is the ultimate stage for a custom built sanctuary of glass, stone and unparalleled privacy. Sold "As Is" "Where Is".

Key facts

Property type
Detached, Bungalow
MLS®
C12864050
Bedrooms
3
Bathrooms
2
Size
2000-2500 sq ft
Lot
103.19 × 262.08 ft
Cross streets
Post Rd / Bayview
Parking
2 garage · 6 parking (attached)
Basement
Partial Basement
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Pool
Outdoor
Property tax
$24,470 / 2025
Days on market
183
Listing brokerage
RIGHT AT HOME REALTY
Our TakeTeam Asgarian · Broker
Worth a closer look
$2.79Mest. value

Listed at $6,500,000. My estimate lands at $2.79M, so the ask sits about 133% 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. 183 days on the market against about 35 for homes like it here, and asking 133% 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: $5.54M. That is about 99% 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.

List price
$2.31MBelow recent closings$6.50MAbove recent closings

Total price vs nearby homes. Fair value about $2.79M, median of 7 comparables.

The market behind the math:

14sold nearby · 90 days
$5.40Mmedian sold price
96%of asking, on average
+38%prices vs a year ago
~35 dayshomes like this take to sell
183days on market so far
$6,008/moest. rent · 8 leases
1.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.5 months of inventory: 7 detached homes for sale in the area against 14 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $2,889/sqft against an area asking average of $1,741/sqft. Size and $/sqft both feed the estimate above.

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 $5.54M, higher than the comparables and worth a second look.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
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.

What sellers nearby are askingCurrently listed nearby in Bridle Path-Sunnybrook-York Mills · asking prices
$3.51Mavg asking

Nothing 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 $2.79M, which is where my estimate comes from.

Per square foot, these ask about $1,695/sqft; this home lists at $2,889/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 6 active listings nearby.

See all comparable homes
6.50MThis home3.38M4.89M2.90M3.60M2.77MThis home vs active comparables

Neighbourhood & location

Bridle Path-Sunnybrook-York Mills, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Mount Pleasant East
$2.42M
Leaside
$3.55M
Bedford Park-Nortown
$3.50M
Newtonbrook West
$2.01M
Woodbine-Lumsden
$899K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near St. Andrew's Middle School
81%
St. Andrew's Middle SchoolPublic · Elementary · 1.9 km awayAbove the GTA average · 81% meet the provincial standard
Also nearby: 9 more schools within 2.5 km
Denlow Public School · Public elementary1.1 km · 90% at standard
Rippleton Public School · Public elementary1.1 km · 75% at standard
Park Lane Public School · Public elementary1.3 km
Owen Public School · Public elementary1.8 km · 59% at standard
Windfields Middle School · Public elementary1.9 km · 91% at standard
Norman Ingram Public School · Public elementary2.0 km · 65% at standard
Harrison Public School · Public elementary2.0 km · 82% at standard
Sunny View Junior and Senior Public School · Public elementary2.4 km
Bedford Park Public School · Public elementary2.4 km · 88% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$29,625/mo
$1191KIncome needed
5.5×Price ÷ income
$6,837Weekly cost
$372,950Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

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.

94%mortgage
Mortgage $29,625Property tax $2,039Total carry $31,664

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 8, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$28,034per month

Mortgage amount $5,200,000 · 4.24% over 25 years

$1,300,000Down payment (20.0%)
$5,200,000Loan before insurance
$0CMHC premium
$30,073Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$28,034
Property tax
$2,039
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$30,073

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$148,975
Toronto municipal land transfer tax
$223,975
Estimated closing costs
$372,950

Plus your down payment of $1,300,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$34,015/monthPayment at the qualifying rate

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

$3,210,135Total interest paid
$8,410,135Total of all payments
Principal $5,200,000 Interest $3,210,135
YearPrincipalInterestBalance
1$120,145$216,260$5,079,855
2$125,293$211,112$4,954,562
3$130,662$205,743$4,823,900
4$136,261$200,145$4,687,639
5$142,099$194,306$4,545,540
6$148,188$188,217$4,397,351
7$154,538$181,867$4,242,813
8$161,160$175,245$4,081,653
9$168,066$168,340$3,913,588
10$175,267$161,138$3,738,321
11$182,777$153,628$3,555,543
12$190,609$145,796$3,364,934
13$198,777$137,629$3,166,158
14$207,294$129,111$2,958,864
15$216,176$120,229$2,742,687
16$225,440$110,966$2,517,248
17$235,099$101,306$2,282,148
18$245,173$91,232$2,036,975
19$255,679$80,727$1,781,296
20$266,635$69,771$1,514,661
21$278,060$58,346$1,236,602
22$289,974$46,431$946,627
23$302,400$34,006$644,228
24$315,357$21,048$328,870
25$328,870$7,535$0

At the end of your 5-year term

Total paid over the term
$1,682,027
Principal paid down
$654,460
Interest paid
$1,027,567
Balance remaining
$4,545,540

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.

Let's connect

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

Rental yield
From 8 whole-home leases in Bridle Path-Sunnybrook-York Mills$6,008/mo
$72,096Gross annual rent
0.6%Cap rate after taxes and upkeep
$5,528 to $6,489Typical rent range
~26 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 8 whole-home leases in Bridle Path-Sunnybrook-York Mills signed at a median of $6,300 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,008. 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.

1.1%
Gross yield
− Property tax $24,470− Insurance $1,400− Vacancy & upkeep $7,931Net operating income $38,295

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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