48 Old Yonge Street, Toronto, ON
Bridle Path-Sunnybrook-York Mills, Toronto · MLS® C13528366
About this home
In short
- Architecturally significant estate in prestigious Hogg's Hollow, set on an extraordinary ravine lot with breathtaking views.
- Fully renovated and exceptionally private, this luxury residence offers abundant natural light, 4+1 oversized bedrooms, hardwood floors throughout, and a thoughtfully...
- An adjoining balcony provides a dedicated BBQ and seating area overlooking spectacular panoramic ravine views.
- The luxurious primary suite boasts heated floors throughout, a lavish 5-piece ensuite, expansive his-and-her walk-in closets, and a retractable ceiling-mounted...
- Outside, a heated concrete pool, separate water feature, mature trees and beautifully landscaped grounds with automated irrigation create a private resort-like setting.
Architecturally significant estate in prestigious Hogg's Hollow, set on an extraordinary ravine lot with breathtaking views. Fully renovated and exceptionally private, this luxury residence offers abundant natural light, 4+1 oversized bedrooms, hardwood floors throughout, and a thoughtfully designed layout with multiple formal and informal living spaces for both family living and entertaining. The gourmet kitchen features updated appliances and opens to the spacious family room with a gas fireplace, built-in speakers, and motorized curtains. An adjoining balcony provides a dedicated BBQ and seating area overlooking spectacular panoramic ravine views. The luxurious primary suite boasts heated floors throughout, a lavish 5-piece ensuite, expansive his-and-her walk-in closets, and a retractable ceiling-mounted television. A private staircase leads to an upper-level retreat with skylights and stunning ravine views, ideal as a lounge or office. The walk-out lower level is designed for recreation and entertaining, featuring a fully equipped gym, professionally designed home theatre, private guest suite, and a 2,000-bottle wine cellar. Integrated smart home technology allows remote control of lighting, heating, cooling, in-floor heating, and built-in audio systems while a comprehensive security system includes outdoor cameras, video doorbells, motion detectors, and window sensors. Outside, a heated concrete pool, separate water feature, mature trees and beautifully landscaped grounds with automated irrigation create a private resort-like setting. A circular stone driveway, rare two-car garage and roof de-icing system further enhance the property. Ideally located minutes from York Mills Subway Station, Highway 401, Toronto's top private schools, shopping, dining and amenities.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13528366
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 6 (2 half)
- Size
- 5,000 sq ft
- Lot
- 189.7 × 104.99 ft
- Cross streets
- Yonge/York Mills
- Parking
- 2 garage · 12 parking (built-in)
- Driveway
- Circular Drive
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Unknown
- Roof
- Unknown
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $26,069 / 2025
- Days on market
- 64
- Listing brokerage
- RE/MAX REALTRON BARRY COHEN HOMES INC.
Rooms
4 pc ensuite · fireplace · walk-in closet(s)
b/i appliances · pantry · hardwood floor
vaulted ceiling(s) · broadloom · skylight
irregular room · walk-in closet(s) · broadloom
separate shower · mirrored walls · pot lights
separate room · bay window · b/i shelves
fireplace · w/o to deck · b/i bookcase
broadloom · b/i closet
sunken room · w/o to patio · picture window
6 pc ensuite · his and hers closets · fireplace
fireplace · w/o to patio · b/i bookcase
Listed at $5,980,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $6.01M, typically $5.20M to $6.49M. Comparable closings on their own put this home around $6.07M, which agrees with the ask, so this is a firm read.
Second read, from the city assessment: $4.87M. That is about 20% below 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 $6.01M, median of 49 comparables.
The market behind the math:
About 4.1 months of inventory: 19 detached homes for sale in the area against 14 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,196/sqft against an area asking average of $1,657/sqft. Size and $/sqft both feed the estimate above.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. In Bridle Path-Sunnybrook-York Mills basements rarely rent out (2 of 81 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
- Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
How this estimate is builtthe short version
I take the 49 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 $4.87M, a bit lower.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Heated floors: comfort and a premium-finish signal. Lifestyle
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Schools & getting aroundcatchment and transit
Its public catchment (York Mills Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Based on 49 comparable homes that sold in Bridle Path-Sunnybrook-York Mills over the past two years, from 107 closings there.
For sale
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For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $1,461/sqft; this home lists at $1,196/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: 12 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 $4,784,000 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $25,791
- Property tax
- $2,172
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $27,963
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $135,975
- Toronto municipal land transfer tax
- $195,375
- Estimated closing costs
- $331,350
Plus your down payment of $1,196,000. 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
- $1,547,465
- Principal paid down
- $602,103
- Interest paid
- $945,361
- Balance remaining
- $4,181,897
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
About the suite: in Bridle Path-Sunnybrook-York Mills basements rarely rent out (2 of 81 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
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 28 whole-home leases in Bridle Path-Sunnybrook-York Mills signed at a median of $10,364 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $11,334. 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 RE/MAX REALTRON BARRY COHEN HOMES INC.. MLS®/PropTx.