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Real Estate News

Sale of the Week: The $4.1 million Bridle Path home that proves some neighbourhoods are still buyers’ markets

By Sarah Niedoba
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The house that sold at 2 Wyegate Court
Listed At
$4,580,000
Sold For
$4,100,000

Address: 2 Wyegate Court
Neighbourhood: The Bridle Path Agent: Wilson Cho, HomeArt Realty Services Inc., Brokerage Previously sold for: $1,657,000, in 1991

The property

A stately tudor with a marble kitchen, Austrian crystal chandeliers and a mere nine bathrooms and ten parking spaces.

And the kitchen isn’t the only thing here that’s clad in marble. Here’s the foyer:

Sale of the Week: The $4.1 million Bridle Path home that proves some neighbourhoods are still buyers' markets

The living room has fancy crown moulding:

Sale of the Week: The $4.1 million Bridle Path home that proves some neighbourhoods are still buyers' markets

Here’s the dining room:

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Sale of the Week: The $4.1 million Bridle Path home that proves some neighbourhoods are still buyers' markets

No Bridle Path mansion would complete without a wood-panelled library:

Sale of the Week: The $4.1 million Bridle Path home that proves some neighbourhoods are still buyers' markets

The family room:

Sale of the Week: The $4.1 million Bridle Path home that proves some neighbourhoods are still buyers' markets

There are five bedrooms on the second floor of the house, all accessible through this skylit landing:

Sale of the Week: The $4.1 million Bridle Path home that proves some neighbourhoods are still buyers' markets

All the bedrooms have en suite bathrooms.

Sale of the Week: The $4.1 million Bridle Path home that proves some neighbourhoods are still buyers' markets

The owners apparently didn’t want to stage all five bedrooms, so use your imagination here:

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Sale of the Week: The $4.1 million Bridle Path home that proves some neighbourhoods are still buyers' markets

And here:

Sale of the Week: The $4.1 million Bridle Path home that proves some neighbourhoods are still buyers' markets

And here:

Sale of the Week: The $4.1 million Bridle Path home that proves some neighbourhoods are still buyers' markets

The master bedroom has a small reading nook:

Sale of the Week: The $4.1 million Bridle Path home that proves some neighbourhoods are still buyers' markets

And a massive sitting area:

Sale of the Week: The $4.1 million Bridle Path home that proves some neighbourhoods are still buyers' markets

Yup, that’s an impressive master ensuite:

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Sale of the Week: The $4.1 million Bridle Path home that proves some neighbourhoods are still buyers' markets

The lower level is finished:

Sale of the Week: The $4.1 million Bridle Path home that proves some neighbourhoods are still buyers' markets

The basement dance studio is probably destined to be converted into a wine cellar:

Sale of the Week: The $4.1 million Bridle Path home that proves some neighbourhoods are still buyers' markets

There’s a sauna down here as well:

Sale of the Week: The $4.1 million Bridle Path home that proves some neighbourhoods are still buyers' markets

It’s a big house:

Sale of the Week: The $4.1 million Bridle Path home that proves some neighbourhoods are still buyers' markets
The history

The sellers bought the property brand new in 1991. After living in the home for over 20 years, they decided to downsize and bought a condo downtown. Before putting the house on the market, they overhauled the bathrooms and the kitchen:

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Sale of the Week: The $4.1 million Bridle Path home that proves some neighbourhoods are still buyers' markets
Sale of the Week: The $4.1 million Bridle Path home that proves some neighbourhoods are still buyers' markets
The fate

The buyers are a family who work in the area. They were looking for a larger home and a shorter commute.

The sale

The agent had a hard time getting offers near the asking price—a situation he says is common in the Bridle Path area, where high list prices scare off all but the wealthiest buyers. The property did manage to attract three offers, though. The sellers went with the highest, at $480,000 under asking.

By the numbers:

• $4,100,000 • $24,530.32 in property taxes (2015) • 105.83 by 137-foot lot • 17 days on the market • 10 parking spaces • 9 bathrooms • 5 + 2 bedrooms

The Hunt

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