138 Balsam Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of The Beaches. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $4,999,999 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 5 Bathrooms
- Generous living space spanning 3500-5000 sqft on a premium 55.25 x 140.5 ft lot
- Features a full, finished 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: Carpet Free, Water Heater Owned, Water Purifier
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Grounded In Earthy Brick & Framed By Bold Black Windows, The Exterior Of This Coveted Balsam Avenue Residence Radiates Warmth, While Expansive Walls Of Glass Invite The Tree Canopy Indoors. This Bespoke Home Balances Clean Lines, Easy Flow & Quiet Luxury All Embraced By Mature Trees In The Heart Of The Balmy Beach School District. Inside, A Seamless Open-Concept Main Floor Begins With An Expansive Entry That Flows Effortlessly Into An Entertainers' Haven, While Thoughtful Design Ensures Family Function Abounds With Space For Kids, Comfort & Connection At Every Angle. Floor-To-Ceiling Windows Bathe The Interior In Natural Light, While The Custom Leitch Kitchen, Designed For Holiday-Scale Hosting, Anchors The Home As A True Gathering Place. Step Out To A Heated Granite Porch, Then Into The Private, Oversized Backyard Framed By Towering Trees & Cedar Fencing. Imagine Pickleball, A Pool, Cabana Or Hockey Rink, Putting Green, Or Just Sunset Dining Under The Open Sky. The Possibilities With This Unprecedented Beach Lot Are Endless. Spanning 4,000 Sq Ft Above Grade Plus 1,600 Sq Ft On The Lower Level, This Home Offers 4+1 Generous Bedrooms, 5 Spa-Like Bathrooms, 3 Fireplaces & 4 Levels Of Living. Elevated Details Include Built-In Scavolini Closets, A Heated Driveway & Garage, A Full Irrigation System & Seasonal Views Of Both The City Skyline & Lake Ontario. All This, Just A Short Stroll To Queen Street & The Boardwalk, Kingston Road Village, The YMCA, Shops, Restos & Only 25 Minutes To Downtown. Designed By Acclaimed Toronto Architect Tom Spragge, This Is More Than A Home, It's A Lifestyle Defined By The Outdoors, The Water, Low Maintenance, Premium Finishes & Timeless Design.
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Key Features
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Parking & Garage
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Interior Features
Carpet Free, Water Heater Owned, Water Purifier
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 138 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 $4,999,999 in Toronto, the legal minimum down payment is $1,000,000 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 $111,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $111,475 also applies, bringing the total estimated land transfer taxes to $222,950.
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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.
