Concierge Auctions Set to Sell Extraordinary Bridle Path Estate – April 16th


Luxury residence with stately European influences to be sold in cooperation with Barry Cohen RE/MAX Realtron

Toronto, Canada – March 6, 2015 – An immaculate luxury residence fashioned after the Palace of Versailles, located amongst 2.4 acres within the upscale Bridle Path area of Toronto, Canada, will sell at auction on April 16th through leading NYC-based firm Concierge Auctions. 40 Park Lane Circle, also known as the Bridle Path Estate, contains 27,000 square feet of living space and is ready for finishing touches. The property is currently listed for $13.98 million and will be sold during a live auction in cooperation with Barry Cohen of Barry Cohen RE/MAX Realtron.

“Location, size and architectural integrity – Bridle Path Estate has it all. This is a rare opportunity to own one of most outstanding properties in the greater Toronto area for your own bid price,” Cohen said. “Luxury auctions are making an impact as the best and most effective alternative to the traditional sales process. This has clearly caught on in the states, and now we’re fortunate enough to understand the benefits here in Canada thanks to Concierge Auctions. We expect a wonderful turnout on auction day for what can only be described as a one-of-a-kind home.”

Recently redesigned by famed Architect Jacques Dinel of Dinel Design, with influences by Louis XIV and the Palladian styles of Europe, Bridle Path Estate makes a stunning first impression. Its exterior 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.

Once inside, Bridle Path Estate boasts an impressive eight bedrooms, 14 bathrooms and a grand ballroom. The home is ready for finishing touches. Its master bedroom features double doors flanked by two Ionian columns, a fireplace, elegant plaster ceiling, and French doors to a private balcony, while the master bathroom includes heated onyx floors, roughed in steam showers and a sunken Ultra whirlpool tub with marble surround. The additional bedrooms, lower guest suite, 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.

Additionally there is an 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. Outdoor amenities include an Olympic-size swimming pool and tennis court.

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 its ranking in the top 10 financial centers globally. Toronto’s diversity is echoed throughout its dining, shopping, and entertainment options.

“Our team is skilled at handling luxury real estate of this caliber and price point. Our auction success in this sector unrivaled,” said Laura Brady, president of Concierge Auctions. “Toronto is a strong market, and, ranked by the Census as one of the most affluent neighborhoods in Canada, the Bridle Path community is a crown jewel. We look forward to finding a new owner to make it ‘home’.”

The auction of the Bridle Path Estate, located at 40 Park Lane Circle, will be held live on April 16th. The property will be open 1-4pm daily and by appointment. Brokers are protected and encouraged to participate. See Auction Terms and Conditions for full details. For more information, call (212) 257-5018.

About Concierge Auctions
New York-based Concierge Auctions is the dominant player in the luxury real estate auctions sector, selling high-end properties worldwide through a transparent and market-based bidding process. Since its founding in 2008, Concierge’s business has spanned the globe, including 27 US states and 5 countries, and the firm has produced numerous record-setting sales. Concierge recently received the “Best Overall Marketing” award from Who’s Who in Luxury Real Estate, a global collection of more than 130,000 real estate professionals in more than 60 countries, and was named one of America’s fastest-growing companies by Inc. Magazine.

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