50 Park Lane Circ
Bridle Path-Sunnybrook-York Mills, North York, M3C 2N2
FOR SALE
$16,800,000
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8 + 1
BEDROOMS16
BATHROOMS2 + 1
KITCHENS17 + 6
ROOMSC9305820
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Property Description
Sprawling Ravine Estate Within Toronto's Iconic Bridle Path Neighborhood On A Quiet Stretch Of Park Lane Circle. This Extraordinary Property Offers Unparalleled Tranquility And A Landscaped Oasis With Mature Trees Enveloping The Serene Backyard. Build New Up To 44,000 Sq Ft Or Enjoy This Thoughtfully Multi-Generational Designed Home With 16,000 Sq Ft Of Living Area. The Main House, Designed In Part By Renowned Architect Mariyama Teshima, Features Soaring Three-Storey Floor-To-Ceiling Windows Offering Panoramic Ravine Views, Hand-Cut Heated Marble Flooring, And A Grand Circular Staircase. Multiple Walkouts Perfect For Entertaining. The Estate Offers 8+1 Bedrooms, 16 Washrooms, An elevator, Dumbwaiter, And Multiple Fireplaces. Complete With A Pool, An Outdoor Washroom And Two Change Rooms. Enjoy Expansive Rear Yard Seating And Lookout Points To Soak Up The Ravine And Private Views. Conveniently Located, Just A Short Walk From Famed Edward Gardens, Sunnybrook Park, The Granite Club, Canada's Acclaimed Private Schools, Trendy Shops, And Eateries.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-21 | 2024-09-06 | 16 | $16,800,000 | - | Terminated |
| 2024-06-03 | 2024-08-21 | 79 | $17,800,000 | - | Terminated |
Extras
Pool Equip. Intercom. B/I Spkrs. Security Sys+Cams, 2 Sub Zero fridges, a cooktop, double sink, and KitchenAid dishwasher, Maytag Dryer and Whirlpool Washer
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
200' x 531'
Acreage
2-4.99
Lot Irregularities
East Depth 438.67
Fronting
West
Taxes
$55,306 (2023)
Basement
Fin W/O
Exterior
Brick, Wood
Heat Type
Forced Air
Heat Source
Oil
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
20
Driveway
Circular
Garage Type
Built-In
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 20.24' x 29.53' | Built-In Speakers, O/Looks Backyard, Fireplace |
| Dining | Main | 14.83' x 26.51' | B/I Shelves, Broadloom, Pot Lights |
| Kitchen | Main | 14.07' x 22.18' | Granite Counter, Eat-In Kitchen, Centre Island |
| Family | Main | 23.82' x 25.92' | Fireplace, Walk-Out, Track Lights |
| Office | Main | 12.99' x 15.91' | B/I Shelves, Large Window, Broadloom |
| Prim Bdrm | Main | 16.01' x 23.16' | His/Hers Closets, O/Looks Pool, 7 Pc Ensuite |
| 2nd Br | Main | 14.01' x 14.07' | Broadloom, 4 Pc Ensuite, Large Window |
| Rec | Lower | 41.50' x 50.43' | Marble Floor, Walk-Out, Floating Stairs |
| Br | Lower | 17.59' x 29.82' | W/O To Yard, 3 Pc Ensuite, Broadloom |
| Kitchen | Lower | 14.07' x 15.58' | Walk-Out, B/I Oven, Elevator |
| Games | Lower | 12.07' x 16.83' | Marble Floor, Built-In Speakers, Track Lights |
| Other | Lower | 12.07' x 14.70' | Sauna, 4 Pc Ensuite, B/I Shelves |
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North York Market Statistics
North York Price Trend
50 Park Lane Circ is a 8-bedroom 16-bathroom home listed for sale at $16,800,000, which is $14,725,000 (709.6%) higher than the average sold price of $2,075,000 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 8 bedroom home in North York declined by $1,454,942 (41.2%) compared to the previous 30 day period (September 21 - October 20) and down $480,000 (18.8%) from the same time one year ago.Inventory Change
There were 8 8-bedroom homes listed in North York over the last 30 days (October 21 - November 19), which is down 20.0% compared with the previous 30 day period (September 21 - October 20) and up 60.0% compared with the same period last year.Sold Price Above/Below Asking ($)
8-bedroom homes in North York typically sold ($125,000) (6.0%) below asking price over the last 30 days (October 21 - November 19), which represents a $111,693 decrease compared to the previous 30 day period (September 21 - October 20) and $157,500 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 8-bedroom homes in North York over the last 30 days (October 21 - November 19) stood at 12.5%, down from 40.0% over the previous 30 days (September 21 - October 20) and down from 40.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 8-bedroom 16-bathroom home in North York stood at 11 days when successfully sold over the last 30 days (October 21 - November 19), compared to 120 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Barry Cohen Homes Inc.
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