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1 day on Market

148 Balsam Ave, Toronto, Ontario M4E 3C1

Detached
4 + 2
4
~2500-3000 sqft
$4,679,000
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Detached
4 + 2
4
~2500-3000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,715/sqft

Est. Mortgage$20,094/mo

Tax Amount (2024)$15,629/yr

Days On Market1 day


Description

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.


Upcoming Open House

May 7Wed6:00 PM - 8:00 PM

Property Details

Style2-Storey
ViewTrees/Woods
Age of property-
SqFt~2500-3000 SqFt
Lot Size8,917 SqFt(251.47 x 35.46)
Parking Spaces3
MLS ®NumberE12128758
Community NameThe Beaches
Data SourceTRREB
Listing byRE/MAX HALLMARK RICHARDS GROUP REALTY LTD.

Features

Heating: Forced Air
Central Vacuum
Cooling: Central Air
Fireplace
Basement: Fin W/O

2nd Floor

4th Br

3.68 x 3.45

Large Window / Closet

Primary

5.16 x 4.83

4 Pc Ensuite / W/O To Balcony / W/I Closet

2nd Br

4.09 x 3.58

Large Window / Closet

3rd Br

4.33 x 3.44

Large Window / Closet


Features

Lot size: 8,917 SqFt

Parking

Garage spaces 1

Garage type Built-In

Other parking spaces 2

Total parking spaces 3


Property History

May 7, 2025
ListedActive
$4,679,000
1 day on market
history photo preview28
Listing by trreb®
Property listed by RE/MAX HALLMARK RICHARDS GROUP REALTY LTD., Brokerage

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Market Data - The Beaches

Geo Zone Map ThumbnailThe Beaches

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

8 days

Compared to

2024

19 days

2023

14 days

2022

10 days

New Listings

Past 30 days

45 listings

Compared to

2024

25 listings

2023

25 listings

2022

31 listings

Units sold

Past 30 days

16 units

Compared to

2024

14 units

2023

15 units

2022

23 units

Median Sold Price

Past 30 days

$2,164,000

Compared to

2024

$1,670,050

2023

$1,626,500

2022

$2,215,000


Population and Demographics

Overview

Total population 40863
Average household income $210,334

Age (%)

35 to 49
24%
0 to 19
23%
50 to 64
22%
65 and plus
16%
20 to 34
15%

Household composition (%)

Single family
61%
Single person
35%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
88%
Others
5%
French
2%
Yue (Cantonese)
2%
Spanish
1%

House tenancy (%)

Owners
61%
Renters
39%

Schools and amenities

Estimated Budget