Influenced by Louis XIV and the Palladian styles of Europe, the Bridle Path Estate, boasting over 27,000 square feet of living area and panoramic views, will be sold at auction in cooperation with Barry Cohen Homes
TORONTO, Oct. 19, 2013 /CNW/ - Concierge Auctions is pleased to announce the November 26th auction of the Bridle Path Estate, a luxury Toronto home featuring eight bedrooms, fourteen bathrooms, a grand ballroom, a theater, indoor and outdoor pools and a tennis court. Designed by architect Jacques Dinel of Dinel Design and situated in the famed Bridle Path area of Toronto, the home is ready for finishing touches. Previously offered for $23 million, the estate will be sold during a live auction in cooperation with Barry Cohen of Barry Cohen Homes.
"This piece of land is one of the best in the city," stated Cohen. "The estate provides breathtaking views of the ravines, and the internal amenities are rare and impressive. The main floor home theater, the grand ballroom, which is one of the largest in Bridle Path, the pool, the tennis court - it's all remarkable."
The exterior of the Bridle Path Estate features custom-designed cartouches, friezes, emblems, two-story fluted pilasters with projecting Corinthian capitals, ornate brackets and laurel leaf corbels. Elaborate rosette coffers adorn the front portico ceiling, and substantial, 30-foot-tall Corinthian columns support the canopy.
The master bedroom is a paradigm of luxurious pampering and comfort, featuring double doors flanked by two Ionian columns, a fireplace, elegant plaster ceiling, and French doors to a private balcony. The master bathroom includes heated onyx floors, roughed in steam showers and a sunken Ultra whirlpool tub with marble surround. The four additional bedrooms, lower guest suite and nanny quarters, and separate above-grade in-laws suite, inclusive of living room, kitchen and provisions for a five-piece bathroom, all boast luxurious amenities including walk-in closets, fireplaces and ornate architectural adornments.
The home also includes an impressive office suite with a two-sided fireplace and separate board room, ideal for business meetings or an in-laws suite, in addition to a billiards room, a theatre and an indoor swimming pool.
"This home is a jewel in the making," stated Dinel. "It has been a rewarding and inspiring experience working on this estate and the finished project will truly be a dream ready to come true for the new owners."
With one of North America's largest recreational waterfronts, Toronto is a stunning urban setting and a playground for all. As the capital of the Province of Ontario, it is a hub of commerce, finance and industry. With one of the most diverse populations in the world — more than 100 languages spoken — the city's multi-cultural labor force drives it's ranking in the top 10 financial centers globally. Toronto's diversity is echoed throughout its dining, shopping, and entertainment options.
"Our team is comprised of experts in luxury real estate. We know high-end properties, and we are skilled at precisely matching them with qualified buyers," stated Laura Brady, President of Concierge Auctions. "We continue to prove our method in the most premier locations throughout the United States, and this year has been particularly exciting, as we are expanding our presence internationally — first with the opening of our London office, then our success with Rai Ki Wai in Fiji, which is currently under contract, and now our expansion into Canada. While we remain very selective about the assignments we accept, we are always on the lookout for the right partnerships with sellers of the most unique luxury properties."
The auction of the Bridle Path Estate, located at 40 Park Lane Circle, Toronto, will be held live on November 26th. A 2.5% commission is offered to the buyer's representing broker. The property will be open 1-4pm daily and by appointment. See Auction Terms and Conditions for full details. For more information, visit BridlePathAuction.com, call 877.812.0402 or join the social discussion at #BridlePathEstate.
About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction firm serving high-net-worth sellers nationwide through an accelerated marketing process that obtains fair market value for unique, high-end properties in a 60-day timeframe. The company has executed auctions in 25 U.S. states from New York to Hawaii, typically valued between $2.5 million and $20 million, and hosts a database that includes more than 100,000 luxury real estate buyers and agents from all U.S. states and 109 countries and territories. The principals of Concierge Auctions have been involved in the transfer of more than $2 billion in luxury properties over the past 10 years. The firm has sold over $400 million in properties since its founding in 2008. For more information, call 888-966-4759 or visit ConciergeAuctions.com.
All illustrations and renderings copyright © 2013 Jacques Dinel. This property is listed for sale by Re/Max Realtron Realty Inc Brokerage (2400122), 183 Willowdale Avenue, Toronto, ON M2N4Y9. Listing agent N. Barry Cohen, Broker (1392932). Concierge Auctions, ULC — 100 King Street West, Ste 5600, Toronto, ON, M5X 1C9, Canada — is the provider of auction marketing services and is a not a licensed brokerage. The services referred to herein are not available to residents of any state where prohibited by applicable state law. Concierge Auctions LLC, its agents and affiliates, broker partners, Auctioneer, and the Sellers do not warrant or guaranty the accuracy or completeness of any information and shall have no liability for errors or omissions or inaccuracies under any circumstances in this or any other property listings or advertising, promotional or publicity statements and materials. This is not meant as a solicitation for listings. Brokers are fully protected and encouraged to participate. See Auction Terms and Conditions for full details.
SOURCE: Concierge Auctions
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