$4,980,000 - 88 Old Colony Road, Bridle Path
Detached for Sale in Bridle Path
39 days on market- MLS Number
- C13100728
- Property Type
- Detached
- Status
- active
- Days on Site
- 39
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Bridle Path / York Mills / Hoggs Hollow
- Listing Brokerage
- RE/MAX ELITE REAL ESTATE
Rare opportunity to secure a premier footprint within Toronto's most esteemed residential corridor, where the prestige of Bayview and York Mills meets the grandeur of The Bridle Path. This expansive 99-foot wide lot is nestled on a tranquil, tree-lined street, offering an exceptional degree of privacy and a lush backdrop of mature greenery. Currently featuring a substantial 2-storey residence with a finished walk-out basement and a private inground pool, the property serves as a magnificent foundation for those looking to renovate a classic estate or commission a bespoke architectural landmark. Positioned just moments from the exclusive Granite Club and the city's top-tier private and public schools, this address offers a lifestyle defined by both refinement and convenience. Whether you are drawn by its auspicious house number or its unrivaled development potential, this property is a true statement piece for the discerning investor or homeowner looking to build their legacy in a neighborhood synonymous with wealth and distinction.
Estimate your monthly payments for this property
Estimated Payment
$22,028.22/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Bridle Path / York Mills / Hoggs Hollow
Bridle Path / York Mills / Hoggs Hollow is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Bridle Path / York Mills / Hoggs Hollow
- •Convenient location in Bridle Path / York Mills / Hoggs Hollow
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Bridle Path / York Mills / Hoggs Hollow offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
88 Old Colony Road, Bridle Path / York Mills / Hoggs Hollow
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1423/sqft, this property is priced above the Bridle Path average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 39 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Bridle Path are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Bridle Path.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.