38 Balsam Avenue, Toronto E02, ON

$4,395,000
MLS#:E8458962
6 beds
5 baths
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of The Beaches. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $4,395,000 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 5 Bathrooms
  • Premium 37.4 x 118.5 ft lot size
  • Features a ["finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Built-In Oven, Central Vacuum, Floor Drain
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

This home represents ultimate Beach living! Nestled between the beach and Queen St E, just steps from the Boardwalk and surrounded by lush, mature trees. This luxury home has been beautifully renovated in 2015-2016! Walk up to the welcoming front porch to the grand entryway, the main floor flows seamlessly through the spacious principal rooms and beautiful chef's kitchen, amazing original wood burning fireplace from 1905 in the front living room has been perfectly restored and WETT Certified. Walk-out to the back deck and serene, landscaped backyard with shed and 5 person flair hot tub. Primary bedroom has ample storage space with two walk-in closets, 5-piece ensuite, 2 way gas fireplace and balcony. The finished basement welcomes endless possibilities with separate gym area, office, bedroom, dog wash room and rec room. Soaring 10ft ceilings on main and second, rough-in for elevator servicing all three levels and 2 car parking! This home has it all!

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Key Features

Bedrooms
6
Bathrooms
5
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 21, 2024
Sold price information is available to members only
Listed Date6/19/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionOther
Lot Size37.4 × 118.5 Feet
CountyToronto
Annual Tax$18,297.09
Legal DescriptionPT LT 34 PL 1216 EAST TORONTO AS IN CA636444, T/W & S/T CA636444; CITY OF TORONTO

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

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

Features

Property Features

Community Features

Location

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38 Balsam Avenue, Toronto E02, ON
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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 38 Balsam Avenue, Toronto E02, ON M4E 3B4

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.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$3,516,000
Monthly Mortgage$20,429
Property Tax (Est.)$1,525
Utilities & Maint.$350
Total Monthly Cost$22,304

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$1,771,761

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%

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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.