148 Balsam Avenue, Toronto E02, ON

$3,995,000
MLS#:E12177007
6 beds
4 baths
2500-3000 sqft
3.0 parking
Residential Freehold
Loading property media...

Description

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

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.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Key Features

Bedrooms
6
Bathrooms
4
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 2, 2025
Sold price information is available to members only
Listed Date5/27/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionStone, Stucco (Plaster)
Lot Size35.46 × 251.47 Feet
CountyToronto
Annual Tax$15,629.06
Legal DescriptionPT LT 30 PL 451 PT 2 PL 66R-19839; CITY OF TORONTO

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Beach, Fenced Yard, Park, Ravine, Public Transit, School

Community Features

Location

Initializing map...
148 Balsam Avenue, Toronto E02, ON
Loading local market trends...

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

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...
Financial Audit

Estimated Costs

Loan Amount$3,196,000
Monthly Mortgage$18,570
Property Tax (Est.)$1,302
Utilities & Maint.$350
Total Monthly Cost$20,222

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto E02.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for the Beaches, Toronto E02.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,772,356

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Williamson Road
Public24 Williamson Road, Toronto, Ontario, M4E 1K5
7.9
Kew Beach
Public101 Kippendavie Avenue, Toronto, Ontario, M4L 3R3
8.2
St Denis
Public67 Balsam Avenue, Toronto, Ontario, M4E 3B8
7.7
Norway
Public390 Kingston Road, East York, Toronto, Ontario, M4L 1T9
7.6
Balmy Beach
PublicScarborough, Toronto, Ontario
9.2

Secondary Schools

Notre Dame
Public12 Malvern Avenue, Toronto, Ontario, M4E 3E1
7.7
Malvern
Public55 Malvern Avenue, Toronto, Ontario, M4E 3E4
9.1
Neil McNeil
Public127 Victoria Park Avenue, Scarborough, Toronto, Ontario, M4E 3S2
7.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.