$21,888,000 - 38 Park Lane Circle, Bridle Path
Multi-Family for Sale in Bridle Path
160 days on market- MLS Number
- C12725852
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 160
- Bedrooms
- 13
- Bathrooms
- 10
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Bridle Path / York Mills / Hoggs Hollow
- Listing Brokerage
- RE/MAX MILLENNIUM REAL ESTATE
Restored And Renovated Custom Estate , Premium Corner Lot At The Desired Prestigious Bridle Path. Rare Offered 2.42 AcresPalatial Grounds Surrounded By Unobstructed Ravine View. Huge Open S/W Tableland, Spectacular Priv. Gdn Oasis. TimelessFinishes And The Utmost In Craftsmanship. Cathedral Marble Foyer, Magnificent Open Concept Principal Rooms Offer RelaxedLiving And Entertaining. Private Separate Master Suite With Sitting Area, Dressing Room, Separate Wing Connected To IndoorPool With Soaring Natural Wood Pavillion W/ Spa, Kitchenette, Sauna, Separated 2 Bedroom Coach House Attached, GrandCircular Driveway, Close To Top Ranked Schools. Be Part Of Toronto's Most Coveted Cachet Alongside Fellow Superstars AndCorporate Luminaries. **EXTRAS** Please See Reno Details In Feature Sheet.
Estimate your monthly payments for this property
Estimated Payment
$96,818.01/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.
38 Park Lane Circle, Bridle Path / York Mills / Hoggs Hollow
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Rental income estimator & ROI calculator
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
Premium Pricing
At $4378/sqft, this property is priced above the Bridle Path average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
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.
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 13 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 10 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.
Investment Perspective
Looking at this as an investment: Bridle Path properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $91,200 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.