How Much Is Drake's House In Toronto

how much is drake

Introduction

Toronto, affectionately known as "The 6ix" thanks in part to its most famous resident, Grammy-winning artist Drake, is a city of the stunning skyline, diverse culture, and luxurious real estate. This article will overview one of Toronto's most opulent residences, Drake's multi-million-dollar mansion, often referred to as 'The Embassy’.

Exploring the Luxury Property Market in Toronto

Before diving into the specifics of Drake's dwelling, it's essential to understand the context of Toronto's high-end real estate market. Blessed with a thriving economy and a stable political environment, Toronto magnetizes wealthy local and international investors. The market caters to a wide range of affluent tastes, with luxurious condos in glittering high-rises to sprawling mansions in upscale neighborhoods like Bridle Path, where Drake's house is located.

Drake's Mansion: A Brief Overview

Drake's luxurious mansion, dubbed 'The Embassy', is a 50,000 square-foot estate in the upscale Bridle Path neighborhood. It features amenities unheard of in most homes, precisely designed to match Drake's taste and lifestyle. Esteemed designer Ferris Rafauli, known for his ultra-luxury designs, planned and constructed this masterpiece.

Architectural and Interior Highlights

The lavish home draws on neoclassical architecture, with limestone exterior, a grand entrance, and a unique roofline. Inside, it boasts high-ceilinged rooms, plush furnishings, and opulent materials like marble and exotic woods. It also houses a custom 3,200 square-foot master bedroom, two saunas, a massage room, and a ten-car garage illustrating Drake's penchant for luxury vehicles.

An Entertainment Paradise

True to his love for music and entertainment, Drake's mansion features a NBA-regulation-sized basketball court with a 21-square-foot pyramidal skylight. Other amenities include a recording studio, movie theatre, and an indoor swimming pool surrounded by black granite. There is also an outdoor pool with a large projection screen, making it an ideal spot for Drake's summer pool parties.

The Cost of Drake’s Toronto Mansion

The exact cost of the mansion is undisclosed, but estimation is possible using public real estate data and reported construction costs. The two-acre Bridle Path lot was bought by Drake in 2016 for an estimated CAD$6.7 million. Rafauli's high-end construction and design, plus the extensive customization to fit Drake's lifestyle, are likely to have inflated the actual costs exponentially. Given the calibre of the home and its location in one of Canada's most costly neighborhoods, Drake's mansion cost can reasonably be assumed to be upward of CAD$100 million.

Conclusion

More than just a testament to Drake’s success, the mansion is a symbol of Toronto’s booming luxury real estate market. It's also a marvel of architectural and interior design, exemplifying the level of detail and opulence that can be achieved. Despite its immense cost, for Drake, the mansion's real value lies in it being his ultimate 'creative haven'.