Bridle Path Real Estate
The Bridle Path is an very upscale residential neighbourhood that is characterized by large multi-million dollar mansions on 2 or more acres of land. Often referred to as Millionaires Row, Bridle Path House for sale are often opulent and extremely private. Many of the homes have large, gated entries reminiscent of European Castles. These private enclaves are often host to some of the most talked about parties and events in the city.
For example, the entertainer Drake recently purchased two lots, tore down the homes and is still building his private residence – that can be seen from the street – for now. The area is also home to the notorious Conrad Black and others – including one of the Real Housewives of Toronto – one of the Bridle Paths newest residents – with her large family.
Bridle Path Real Estate is considered the most expensive in Toronto. The neighbourhood of bridle path homes for sale is generally bordered by the Bridle Path on the north, Sunnybrook Health Science Centre on the South, Bayview on the west and Wilket Creek on the east. With few through streets in the area, privacy and luxury abound.
Average household incomes in the area approach or exceeds 1 million per year (depending on whom you ask) and bridle path house for sale prices can’t be touched under 2 million. Several properties have exceeded the 35 million dollar list price and others under construction (like Drake’s) could far outreach that price tag.
Bridle Path Homes for sale only contains singe family dwellings, according to building codes with lot sizes not smaller then 2 acres. This thereby controls the population, privacy and values. These continue to this day and the Bridle Path is home to many of the cities elite and well to do.