148 Balsam Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of The Beaches. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $3,995,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 6 Bedrooms and 4 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 35.46 x 251.47 ft lot
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Auto Garage Door Remote, Built-In Oven, Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Tucked away on one of the Beach's most coveted streets, 148 Balsam Ave offers a rare blend of timeless craftsmanship, modern comfort, and ravine-side serenity. This 4+2 bedroom, 4-bathroom custom-built home stretches across a 251-foot deep lot backing onto Glen Stewart Ravine a true cottage-in-the-city experience. Thoughtfully designed with indoor-outdoor living in mind, expansive East/South/West-facing windows bathe the home in natural light and frame stunning woodland views. The functional kitchen layout flows seamlessly to a private deck and landscaped backyard oasis perfect for everything from casual family dinners to elegant entertaining. The walk-out lower-level features heated floors, a versatile recreation area, and effortless access to the backyard. Upstairs, hardwood floors and skylights create warmth and airiness, while the primary suite offers a peaceful retreat. Updates include a new furnace (2020), A/C (2021), on-demand hot water (2021), and bathroom upgrades, ensuring comfort and peace of mind. With a private drive, garage, and parking for three, convenience comes standard. Across from the highly rated Balmy Beach Community School and steps to Queen St., the Boardwalk, and the lake life here feels like a permanent vacation.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Fenced Yard, Park, Ravine, Public Transit, School
Interior Features
Auto Garage Door Remote, Built-In Oven, Carpet Free, Central Vacuum, Countertop Range, Floor Drain, On Demand Water Heater, Upgraded Insulation
Security Features
Alarm System, Smoke Detector, Carbon Monoxide Detectors
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 148 Balsam Avenue, Toronto E02, ON M4E 3C1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $3,995,000 in Toronto, the legal minimum down payment is $799,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $86,350 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $86,350 also applies, bringing the total estimated land transfer taxes to $172,700.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
