$4,988,000 - 48 Silvergrove Road, Bridle Path
Detached for Sale in Bridle Path
134 days on market- MLS Number
- C12803436
- Property Type
- Detached
- Status
- active
- Days on Site
- 134
- Bedrooms
- 12
- Bathrooms
- 6
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Bridle Path / York Mills / Hoggs Hollow
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
MAGNIFICANT LARGE LOT in highly sought after prestigious neighbourhood. Almost HALF-ACRE lot (125' x 184') of 23,000 sq ft in Bayview St. Andrew-Windfields quiet, luxury area of North York, offering lots of future expansion and possible severance opportunities. HOUSE SURROUNDED BY RAVINES ON 3 SIDES - offering you a countryside-like retreat in the middle of the city. A unique blend of modern architecture, impressive curb appeal, total privacy with lush green natural surroundings, nestled in pristine parklike setting with cherry blossom and mature trees bordering the back of house, side and front of house with no neigbours. CUSTOM BUILT 8-inch concrete house with 7077 sq ft of living space. The home boasts a striking contemporary design with clean lines and large windows, maximizing natural light and picturesque views. 8 additional walkouts to side patios, balcony, rooftop patios wrapping around the house offering 360 degree tranquil view. A generously sized yard provides ample space for outdoor activities and relaxation. Ready to live in and is perfect for growing/expanding multi-generational or large family with private apartments for in-laws, or/and adult offsprings who value privacy yet can easily gather with families. Rare find feature: 6+6 Bedrooms & 6 bathrooms offers flexible options, 3 Separate Self-Contained Units (Easy conversion back To Single Family Home By Removing just 1 non-structural wall), Each unit has it Own Entrance & Walkouts To Balcony/Yard/Ravine offering privacy indoor and outdoor relaxation. SMART BUYERS would appreciate the great upside opportunity with endless possibilities for FUTURE HOUSE EXPANSION leveraging strong foundation and /or SEVERANCE possibility into minimum 2 lots /houses, making this property a great investment now to maximize future returns and is ideal not only for a expanding/growing multi-generation family, but also for investor, who intends to move in/rent first and to develop later, tons of potentials waiting for you!
Estimate your monthly payments for this property
Estimated Payment
$22,063.61/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.
48 Silvergrove Road, 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
Fair Market Value
At $998/sqft, this property is priced in line with current Bridle Path market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 134 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 12 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 6 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.