City
Bridle Path Home Drops Its Price by $5 Million
In one of the latest signs that the Toronto real estate market is no longer as frothy as it was earlier in the year, a home at 83 The Bridle Path has dropped its asking price by more than $5 million. Once priced at a lofty $16 million, it can now be had for a mere 10.8.
The home, described by the Toronto Star as one of the most technologically sophisticated residences in Canada sits on two acres, includes more amenities than most modern health clubs, and stunning contemporary design courtesy of TAS DesignBuild.
Check out the photos on Flickr posted by Prestige Living.
The dramatic change in the housing market - finally validated by stats released on Tuesday - means we're now in a much more balanced market than the bidding war driven sellers market of the last few years.
I've personally watched a ton of recent listings in once hot neighbourhoods like Leslieville and Beaconsfield Village just sit on the market and receive no bids; only to be later reduced or sold for less than the asking price - outcomes almost inconceivable six months ago.


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It looks like something that belongs
on a community college campus.
all that light would also annoy me after awhile, particularly when you get the sun streaming in at 6:30 am on a saturday morning when you've been trying to sleep after partying.
blinds are a good thing....
ROCP-0, Met-1.
Met-0, Murano-1
83 the Bridle Path-1, Murano-1
all tied up, with no where to hide (under fake neo-gothic columns on Bay?;)
Murano, lol, not even finished construction yet.. just wait and see what the builder is going to substitute the material with
Beautiful.
(I enjoy new architecture that reflects contemporary attitudes and philosophy. Namely, that there is no such thing as a soul).
Ever seen what $1.4 million gets you these days in upper Forest Hill? Tacky, vulgar cheap stuff.... I can only imagine the horror that is the Met, ROCP etc. (I've been to open houses in both buildings: garbage!)
Re: Met vs ROCP: I was being my typical superficial self: talking about the exterior only!:p
This Bridle Path house is in an entirely different league; sadly, it's still in an ugly part of town....
I already have a gorgeous view--the park across the street.