Sale of $13.8-million home caps blockbuster spring

June 19, 2009

Just sold: an 18,000-square-foot Bridle Path mansion listed at $13.8-million.

The gated home at 32 High Point Road features six bedrooms, 12 bathrooms and five-car garage. Its interior boasts vaulted ceilings, mahogany and cherry woods, limestone and marble floors, and 14-inch plaster mouldings. It sits on two beautifully manicured acres and includes a wine cellar, servants’ quarters and an elevator…

Elli Davis, Royal LePage’s top agent in Toronto, said some buyers who may have wanted to purchase high-end homes have been waiting until they felt the time was right.

"Many people put their plans on hold," said Ms. Davis, who has sold at least six $1-million-plus homes in the past three months. She said buyers who were "waiting for the bottom to hit" believe now is the time to act.

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