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

Misha Gajewski

created: Dec. 3, 2025, 5 a.m. | updated: Dec. 4, 2025, 4:56 a.m.

The Bridle Path never disappoints when it comes to Toronto real-estate drama, and the saga at 45 Park Lane Circ. Back in 2021, this mansion on the same iconic street as Drake's palace-like compound made headlines when it sold for $13 million. "Luxury properties can face power of sale (or foreclosure) when their owners, even billionaires, default on loans due to massive debt, failed businesses, or sudden market crashes," realtor Jane Zhang told blogTO. With its Hollywood-modern redesign, sprawling acreage, and a backstory full of financial turbulence, 45 Park Lane Circ. might be the most dramatic real-estate plot twist the neighbourhood has seen in a long time.

5 days, 7 hours ago: blogTO