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Toronto mansion just hit the market under power of sale for almost $23M

The Bridle Path never disappoints when it comes to Toronto real-estate drama, and the saga at 45 Park Lane Circ. is the latest episode.After first hitting the market in 2024 for $29.8 million, then dropping to $25 million in 2025, the ultra-modern estate has now re-emerged under power of sale for $22,800,000 — a steep and sudden tumble in one of Canada's most exclusive neighbourhoods.And if the address sounds familiar, it should.The view from the front entrance.Back in 2021, this mansion on the same iconic street as Drake's palace-like compound made headlines when it sold for $13 million.The open-concept living and kitchen area. The new owners spent the next few years transforming it into a California-inspired architectural statement — only for the property to now be taken over by the lender.A sitting room with a fireplace. "Luxury properties can face power of sale (or foreclosure) when their owners, even billionaires, default on loans du...


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