Sold for:Sold Jul 2, 2025
$3,995,000

148 Balsam Avenue

Toronto (The Beaches), ON M4E 3C1

Detached House SoldNot available

This home has sold. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for 148 Balsam Avenue, Toronto, The Beaches

2025-05-27
2025-07-02
Sold
Price
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MLS#
e12177007
2025-05-06
2025-05-27
Terminated
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 148 Balsam Avenue, Toronto, The Beaches

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$15,629
Land Transfer Tax Fee
$182,650

Basement Type
Finished with Walk-Out

Interior Features

Interior Extras
Auto Garage Door Remote, Built-In Oven, Carpet Free, Central Vacuum, Countertop Range, Floor Drain, On Demand Water Heater, Upgraded Insulation
View
Trees/Woods
Security Features
Alarm System, Smoke Detector, Carbon Monoxide Detectors
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Exterior Extras
Lawn Sprinkler System, Deck, Landscaped, Privacy
Pool
None
Property Features
Beach, Fenced Yard, Park, Ravine, Public Transit, School
Other Structures
Garden Shed

Building

Building Type
Detached
Building Style
2-Storey

Construction

Exterior Finish
Stone, Stucco (Plaster)
Roof
Asphalt Shingle
Foundation Details
Other
Special Designation
Unknown

Lot

Lot Front
35.46 ft
Lot Depth
251.47 ft
Lot Size
8917.12

Inclusions

Inclusions
Fridge, stove, microwave, dishwasher, washer, dryer, fixed lighting and drapery hardware

Exclusions

Exclusions
Media systems & speakers, mirrors, bookshelves, TV's, fridge in garage and drapery

Parking & Garages

Garage Type
Built-In
Garage Spaces
1
Parking Spaces
2
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
4 + 2
Washrooms
4
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Family Room—
    Main level, Large Window, Fireplace, B/I Bookcase
  • Dining Room—
    Main level, Walk-Out, Pot Lights
  • Kitchen—
    Main level, Stainless Steel Appl, Eat-in Kitchen, Pot Lights
  • Breakfast—
    Main level, Large Window, Open Concept, Pot Lights
  • Living Room—
    Main level, W/O To Deck, Open Concept, Pot Lights
  • Primary Bedroom—
    Second level, 4 Pc Ensuite, W/O To Balcony, Walk-In Closet(s)
  • Bedroom 2—
    Second level, Large Window, Closet
  • Bedroom 3—
    Second level, Large Window, Closet
  • Bedroom 4—
    Second level, Large Window, Closet
  • Recreation—
    Basement level, Walk-Out, 3 Pc Bath, Pot Lights
  • Den—
    Basement level, Walk-Out, Pot Lights
  • Office—
    Basement level, Closet

Washrooms

  • 2-piece, Main
  • 4-piece, Second
  • 3-piece, Basement

Municipality
Toronto
Neighbourhood
The Beaches
Main cross streets
Pine Ave & Balsam Ave
Directions
N of Queen St E, West side of Balsam Ave

MLS® number
E12177007
Data source
Toronto Regional Real Estate Board
Status change
2025-07-02
Listed on
2025-05-27
Days on market
36 days
Possession type
Flexible
Co-op commission
2.5% + HST
Seller
Listed by
RE/MAX HALLMARK RICHARDS GROUP REALTY LTD.

Home Market Value

Current home valuation for 148 Balsam Avenue, Toronto, The Beaches, Toronto, ON. Listed for $3,995,000

HOMEH Estimate

?

$3,194,403

Estimated Sales Range

?

$2,236,082 - $4,152,724

HOMEH Estimate for 148 Balsam Avenue, Toronto, The Beaches

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$3,194,403Low confidence
Based on 5 comparable properties
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Minimum down payment

$799,000

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=Total mortgage
$3,196,000$2,996,250$2,796,500$2,596,750
Amortization
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=Mortgage payment
$15,604monthly$14,629monthly$13,654monthly$12,679monthly
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Land Transfer Tax

Provincial

$86,350

Municipal (Toronto)

$96,300

Total Land Transfer Tax

$182,650

Around this home

10/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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