2 Balsam Road, Toronto E02, ON

$6,295,000
MLS#:E9351500
5 beds
4 baths
8.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2 1/2 Storey"] detached located in the coveted neighborhood of The Beaches. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $6,295,000 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.

  • 5 Bedrooms and 4 Bathrooms
  • Premium 59 x 240 ft lot size
  • Features a ["finished", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Bar Fridge, Brick & Beam
  • equipped with ["central air"] central cooling and highly efficient water heating via gas

Welcome to the most spectacular home in the Beach!! One-of-a-kind sanctuary on just under 1 acre, backing onto Glen Stewart ravine! This Tudor-style residence with its cobblestone driveway and stunning 20x40 inground pool, is truly like a cottage in the city on a quiet cul-de-sac on one of the Beach's most coveted streets! Over 5300 sf of elegant living space including classic floor-to-ceiling paneling in the principal rooms, French doors to main floor family room with wood-burning fireplace, and a sunroom with panoramic nature views. Several walk-outs to private patios, decks, and direct access to the pool area, perfect for lounging and entertaining. 4+1 bedrooms, including a primary bedroom with 4-piece ensuite, and a versatile 3rd-floor loft. Finished basement with an extra bedroom, rec room with a gas fireplace, gym/den, and two walk-outs. Private stone stairs lead down to the ravine and a large lawn with a fire pit surrounded by perennial gardens. Stone pathways through nature reveal hidden sitting areas, offering a truly magical retreat. Watch for a variety of wildlife and revel in your own urban sanctuary!

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 27, 2024
Sold price information is available to members only
Listed Date9/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Stone
Lot Size59 × 240 Feet
CountyToronto
Annual Tax$24,498.65
Legal DescriptionPT LT 8 PL 418E TORONTO AS IN CA187930; LT 9 PL 418E TORONTO; CITY OF TORONTO

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeWater
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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2 Balsam Road, Toronto E02, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for the Beaches, Toronto E02.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$1,532,660

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

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
Norway
Public390 Kingston Road, East York, Toronto, Ontario, M4L 1T9
7.6
St Denis
Public67 Balsam Avenue, Toronto, Ontario, M4E 3B8
7.7
Kimberley
Public50 Swanwick Avenue, Toronto, Ontario, M4E 2Z5
6.4

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
Monarch Park
Public1 Hanson Street, East York, Toronto, Ontario, M4J 1G6
8.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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 2 Balsam Road, Toronto E02, ON M4E 1P3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$5,036,000
Monthly Mortgage$29,261
Property Tax (Est.)$2,042
Utilities & Maint.$350
Total Monthly Cost$31,653

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.

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.