If you’ve ever wondered what it costs to buy a “location, location, location” house in Toronto, 15 Artinger Crt. is the perfect example of the malarkey of this city’s real estate market.
This three-bedroom bungalow, tucked on a quiet North York cul-de-sac, is asking $3,600,000.
The existing home is described as a “mint-condition” 1960s bungalow. And by mint condition, the realtor meant it still sports the original wallpaper and wood panelling.
The foyer.
Typically, that price would be laughable for a home of this size — but when your backyard view looks straight across at the Bridle Path, Toronto’s most prestigious neighbourhood, apparently that’s worth a pretty penny.
The basement recreation room with a wet bar.
And while the home is in excellent condition for its age, a dated bungalow for $3.6 million might prove to be a tough sell in this sluggish market.
The kitchen.
Notably, the house has been on and off the market since 2023, with its asking price having been dropped twice from the original $4.5 million.
The family room.
But no, no, the owners are offering a sweetened deal for just $3.6 million.
A bedroom.
The listing states that 15 Artinger Crt. comes with a fully approved set of permits and architectural plans for a jaw-dropping 8,400 square foot modern mansion.
A home office.
The property itself is a rare pie-shaped ravine lot spanning 14,003 square feet, widening to 142 feet at the back, complete with a full ground-floor walkout.
A room in the basement with built-in bookshelves.
According to the listing, buyers get approved building, TRCA, HVAC, and demolition permits, along with plans for a multi-level home featuring nine- and ten-foot ceilings, a two-storey family room, a state-of-the-art kitchen with terrace walkout, and even a Federal elevator that’s already been ordered (deposit paid, naturally).
The primary bedroom in the bungalow.
The proposed second level includes a “luxurious” primary suite with balcony, dual walk-in closets with skylights, a five-piece ensuite, three additional bedrooms with ensuites, a library, and a laundry room.
The dining room.
The lower level? Multiple walkouts to the ravine, a recreation room with bar and media area, a playroom, a large office with separate entrance, an exercise room with sauna and spa, a fifth bedroom with ensuite, plus powder, utility, and cold rooms.
A bathroom.
Basically, a McMansion dream…just a few million dollars and a handful of years of construction away.
A built-in Murphy bed.
And it’s worth noting construction isn’t getting any cheaper. With tariffs on imported materials and skyrocketing labour costs, any savings on permits and architectural drawings will quickly be eaten up.
A retro bathroom in the basement.
All that said, the existing bungalow is livable, if you’re into groovy 1960s vibes and waiting until the tariff war is over.
A bedroom.
But even with permits, plans, and an enviable lot, the asking price is still eyebrow-raising.
The primary bedroom ensuite.
The average Toronto home in this area sells for just over $2 million — and those don’t come with bulldozers, contractors, or a year’s worth of headaches waiting to happen.
The backyard.
In short, it wouldn’t be shocking if 15 Artinger Crt. is forced to drop its price again or sell for way under asking.
