$3,498,800 - 11 Vernham Avenue, Bridle Path
Detached for Sale in Bridle Path
160 days on market- MLS Number
- C12536768
- Property Type
- Detached
- Status
- active
- Days on Site
- 160
- Bedrooms
- 6
- Bathrooms
- 7
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Bridle Path / York Mills / Hoggs Hollow
- Lot Size
- 12,355 sqft
- Listing Brokerage
- RE/MAX HALLMARK ARI ZADEGAN GROUP REALTY
Discover an exceptional opportunity at 11 Vernham Avenue, a custom-built estate offering the best value in one of North York's most prestigious neighbourhoods. Priced at $3,498,800, this is the best lot with the best price, making it a rare find that opens the door to countless possibilities for its next owner.Spanning over 5,000 square feet, this luxurious home features six spacious bedrooms (5 + 1) and seven bathrooms, providing ample space for family living. As you enter through the grand foyer, with its soaring cathedral ceilings, you're immediately welcomed into a home that exudes sophistication and elegance.The primary suite is a true retreat, complete with a large study, his and hers closets, a marble ensuite, and a cozy fireplace. The fully finished walk-up basement, with 10-foot ceilings, dual floating staircases, a dry and wet bar, and a dry sauna, offers an expansive space for relaxation and entertainment.Situated on a prime lot measuring approximately 82 x 150 feet, this home features an interlock circular driveway with parking for 10+ cars-an outstanding feature for the area. The property is ideally located in a highly sought-after school district, within walking distance of parks and top-rated amenities, making it perfect for both family living and an upscale lifestyle. At $3,498,800, this is more than just a home-it's an unparalleled opportunity. With its exceptional lot, prime location, and potential for customization, 11 Vernham Avenue offers incredible value and a chance to invest in one of Toronto's most desirable neighbourhoods.Don't miss out on the best-priced luxury estate in the area-seize the opportunity today
Estimate your monthly payments for this property
Estimated Payment
$15,476.37/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Bridle Path / York Mills / Hoggs Hollow
Bridle Path / York Mills / Hoggs Hollow is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Bridle Path / York Mills / Hoggs Hollow
- •Convenient location in Bridle Path / York Mills / Hoggs Hollow
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Bridle Path / York Mills / Hoggs Hollow offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
11 Vernham Avenue, Bridle Path / York Mills / Hoggs Hollow
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $700/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 160 days on site, this property has exceeded the typical selling timeline for Bridle Path. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Bridle Path are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Bridle Path.
Bathroom Count Matters
With 7 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.