In the late 90s, two pieces of land were combined to make a lot of 156,700 square feet for a French-style Chateau home in Toronto’s Bridle Path. Originally it sold for its lot value of $3.75 million. Today, 45 Bayview Ridge is listed for $24.5 million.
In the late 90s, two pieces of land were combined to make a grand lot of 156,700 square feet for a prestigious French-style Chateau home in Toronto’s Bridle Path. Originally sold for its lot value of $3.75 million.Adam Brind, one of the realtors for this estate, says the 3.12-acre land size is the primary contributor to this home’s property value.
There is more than 15,000-square-feet of living space with six bedrooms, and another two bedrooms in the finished basement apartment. There are 10 bathrooms, 10 parking spaces, a grand dining room and seven fireplaces. Who would buy this place? Sussman says the average buyer for a property as grand as this includes CEOs of multibillion dollar companies as well as celebrities, like athletes or entertainers.
“We’re really seeing a dramatic increase in the ultra luxury market in Toronto... from both domestic buyers and foreign buyers.” he said. “With money in their pocket that want to live in a truly spectacular home.”
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