2 Balsam Road, Toronto, ON
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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
Description
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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Auto Garage Door Remote, Bar Fridge, Brick & Beam, Built-In Oven, Central Vacuum, Floor Drain, In-Law Capability, Separate Heating Controls, Separate Hydro Meter, Water Meter
Security Features
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 2 Balsam Road, Toronto E02, ON M4E 1P3
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 $6,295,000 in Toronto, the legal minimum down payment is $1,259,000 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 $143,850 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $143,850 also applies, bringing the total estimated land transfer taxes to $287,700.
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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.
