197 The Bridle Path

FOR SALE
$6,780,000
197 The Bridle Path, North York
197 The Bridle Path
197 The Bridle Path
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5
BEDROOMS
9
BATHROOMS
1
KITCHENS
12 + 3
ROOMS
C8478200
MLSID
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Property Description
Exceptional opportunity in the prestigious Bridle Path neighborhood, Toronto's most coveted address. Luxurious five bedroom, 9 washroom home. Steps from Edwards Gardens. Perfectly situated on a premier corner lot. Impressive floor plan with over 5700 sq ft of above ground living space. Completely renovated 2008. Enjoy the tranquil private fully fenced backyard in a retreat like setting complete with in ground pool outdoor shower & plenty of patio space. Oversized double door entrance into a grand foyer with marble floors overlooking a spacious living room with fireplace and adjoining music room, great for entertaining. Formal dining rm, bay windows with views of the pool in the backyard. Gourmet eat-in kitchen with built-in high end appliances. Center island & countertops finished in stone, built-in lighting in the cabinets. The family room has custom built-in cabinetry & a wood burning fireplace. Large main floor bedroom with w/I closet, ensuite bath & two large closets, ideal for inlaws or a nanny. The second floor has four large bedrooms w/ensuite bathrooms & Jacuzzi tubs. The Primary bedroom has a separate seating area. Enjoy the huge loft media room with two walkouts to balconies, this space also has an additional powder rm. The large landing on the second flr has lots of natural light, ideal for an office. Enjoy your morning coffee or tea in the charming sunroom. The home features a three car garage with direct access to the interior. Solid wood interior doors,Built-in pot lights and hardwood throughout the main & second floors. Generous mud rm ideally situated beside the garage with easy access to the kitchen.Finished basement with a separate entrance, spacious rec room with fireplace, sauna, cedar closet & a wet bar with stone counters. Built-in exterior irrigation system. All new landscaping in the backyard was completed last year. A sought after address among multi-million dollar homes, this property is ready for your personal touch and being sold as is.
Property Features
Fenced Yard, Library, Park, Public Transit, Rec Centre, School
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
108' x 128'
Fronting
West
Taxes
$26,351 (2024)
Basement
Finished, Sep Entrance
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
6
Driveway
Circular
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain14.21' x 21.00'Hardwood Floor, Fireplace, Sunken Room
DiningMain12.89' x 15.19'Hardwood Floor, Formal Rm, Bay Window
OtherMain11.81' x 12.99'Hardwood Floor, Window, Raised Rm
FamilyMain15.49' x 19.03'Hardwood Floor, Fireplace
DenMain12.17' x 20.57'Marble Floor, W/O To Patio, Open Concept
KitchenMain12.47' x 19.09'Marble Floor, Centre Island, Open Concept
BrMain12.89' x 23.00'Hardwood Floor, W/I Closet, Ensuite Bath
Prim BdrmUpper17.39' x 24.77'Hardwood Floor, Combined W/Sitting, Ensuite Bath
2nd BrUpper47.24' x 17.39'Hardwood Floor, Ensuite Bath, Hot Tub
3rd BrUpper12.11' x 14.37'Hardwood Floor, W/I Closet, Ensuite Bath
4th BrUpper12.60' x 17.65'Hardwood Floor, W/I Closet, Ensuite Bath
SunroomUpper6.23' x 10.37'Hardwood Floor, Window
North York Market Statistics
North York Price Trend
197 The Bridle Path is a 5-bedroom 9-bathroom home listed for sale at $6,780,000, which is $3,702,820 (120.3%) higher than the average sold price of $3,077,180 in the last 30 days (June 3 - July 2). During the last 30 days the average sold price for a 5 bedroom home in North York increased by $361,439 (13.3%) compared to the previous 30 day period (May 4 - June 2) and up $346,351 (12.7%) from the same time one year ago.
Inventory Change
There were 168 5-bedroom homes listed in North York over the last 30 days (June 3 - July 2), which is down 20.8% compared with the previous 30 day period (May 4 - June 2) and up 29.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in North York typically sold ($66,155) (2.1%) below asking price over the last 30 days (June 3 - July 2), which represents a $93,204 decrease compared to the previous 30 day period (May 4 - June 2) and $10,496 less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in North York over the last 30 days (June 3 - July 2) stood at 35.7%, up from 34.0% over the previous 30 days (May 4 - June 2) and down from 67.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 9-bathroom home in North York stood at 17 days when successfully sold over the last 30 days (June 3 - July 2), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sotheby's International Realty Canada
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