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.
Comments (17)
that's wonderful news... good time to stock up real estate..as a start, can someone find me a 3 bedroom condo for $200k at the residences of college park? i want something 1500 sq ft
Jack, buy at Murano instead--after it's completed. ROCP looks like crap--very tacky. Should be a nice 25% off sale before January 2010....:)
what an ugly house. it has no soul.
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....
Finally saw the flickr fotos: nice house! Bad setting. This house would be nice in West Vancouver. In the Bridle Path, blah!
ROCP is not crap if you know what to buy...Met is crap, it's just a matter of time when someone is hit by a car when leaving the condo building
Met is much better than ROCP. At least Met has a "proper" streetwall, and isn't disguised under some fake neo-gothic trimmings, cheap balcony doors and an awkard roof "cap."
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?;)
sure, if you like the view of the Barn and Remington's, go for the Met.. If the Met was so great, how come the price per sq ft so much lower than that of CP? Just look at the unit door, not even solid wood in the Met.. look at the baseboards they use at the Met, lol.. btw, if you like ceramic tiles, go with the Met.. I prefer marble, and amazing view.. plus express elevators... not just 3 in the Met...and if you like beggars sitting outside your building entrance, go for the Met... I prefer Mercedes, BMW, and porshe waiting in the drop off area
Murano, lol, not even finished construction yet.. just wait and see what the builder is going to substitute the material with
one more.. if you like to have only one sink in the kitchen and half a dishwasher(yep, half a dishwasher that won't fit your pan or pot), go with the Met
A house without soul?
Beautiful.
(I enjoy new architecture that reflects contemporary attitudes and philosophy. Namely, that there is no such thing as a soul).
In truth, I can't stand 95% of condos in this town: cheap outs either in architecture, interior finishings or construction quality.
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.
who cares about the exterior and interior finishes(can always renovate and put in whatever your like) when you are living close to the penthouse level at CP facing southwest and north with unobstructed view of the lake, cn tower, and queen's park
Since I wasted 60 seconds viewing that which should have been halted in construction just before the second wave excess concrete made it's way to this Bridle path dream, I'll waste another minute expressing the awe, chin dropping, second take eye balling this house deserves as an example of what NOT to build..............ever!.........picture this metal/concrete heap in the raw, cold, bitter days of winter....not exactly a home to warm up in...and to think you can have it for a drop in the bucket, cool $10M..what a deal.
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