106 Balsam Ave

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106 Balsam Ave, Scarborough
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3 + 1
BEDROOMS
5
BATHROOMS
1
KITCHENS
8 + 4
ROOMS
E8316292
MLSID
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Property Description
Welcome to your dream home situated on one of the most desirable streets in the Beach, just a half block north of Queen! If you're weary of modern open concept design and yearn for a gracious family home that harkens back to a gentler period, this Edwardian beauty built in 1912 is the one for you! Upon entering, you'll be greeted by spacious and sophisticated principal rooms, easily separated by working pocket doors. The living room is perfect for entertaining or relaxing with an E.M. Forster novel by the fireplace. French doors in the elegant wood-panelled dining room open onto a charming Venetian-style stone terrace, extending the living space outdoors and into the magnificent English garden. The light-filled main floor sunroom features a gorgeous original terrazzo floor and the main floor study will let you work from home in style. The west-facing spacious chef's kitchen is filled with sunlight and views of the garden and treetops of Pine Crescent below. The oversized principal bedroom upstairs offers a cathedral ceiling and sizeable ensuite bath. Two additional spacious bedrooms and a 4 pc bathroom plus a laundry room with walkout to a deck complete the second floor. Radiant heated floors in many rooms provide warmth and comfort year-round.The finished basement is a true gem, consisting of a charming rec room, a fourth bedroom, ample storage space, and an above grade "garden room" that once served as an artist's studio! Step outside from the lower level to enjoy the beautifully landscaped 50' x 100' lot, complete with built-in sprinklers and lush perennial gardens. Don't miss the opportunity to make this stunning property your forever family home!
Extras
Hot water floor heating in a number of rooms including basement "garden room". Irrigation system in front and backyards. Beautifully landscaped!
Nearby Intersections
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
50' x 100'
Fronting
West
Taxes
$13,086 (2023)
Basement
Finished, W/O
Exterior
Stucco/Plaster
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain14.01' x 15.06'Fireplace, Juliette Balcony, French Doors
DenMain9.97' x 12.37'Hardwood Floor, Pocket Doors, California Shutters
DiningMain13.85' x 15.78'French Doors, W/O To Porch, Panelled
SunroomMain8.53' x 10.93'Panelled, O/Looks Garden, Heated Floor
KitchenMain12.20' x 14.47'O/Looks Backyard, Centre Island, Heated Floor
Prim Bdrm2nd17.72' x 22.01'5 Pc Ensuite, W/I Closet, Cathedral Ceiling
2nd Br2nd12.24' x 13.68'Hardwood Floor, Double Closet
3rd Br2nd14.14' x 13.98'Hardwood Floor, Double Closet, Closed Fireplace
DenLower13.91' x 15.45'Pot Lights
BrLower7.74' x 9.74'Above Grade Window
RecLower14.04' x 19.32'W/O To Garden, Bar Sink, Heated Floor
OtherLower9.51' x 11.45'
Scarborough Market Statistics
Scarborough Price Trend
106 Balsam Ave is a 3-bedroom 5-bathroom home listed for sale at $2,499,000, which is $1,075,828 (75.6%) higher than the average sold price of $1,423,172 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $87,800 (6.6%) compared to the previous 30 day period (March 15 - April 13) and down $42,855 (2.9%) from the same time one year ago.
Inventory Change
There were 1,201 3-bedroom homes listed in Scarborough over the last 30 days (April 14 - May 13), which is up 57.8% compared with the previous 30 day period (March 15 - April 13) and up 26.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $75,399 (5.3%) above asking price over the last 30 days (April 14 - May 13), which represents a $7,486 decrease compared to the previous 30 day period (March 15 - April 13) and $110,072 less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Scarborough over the last 30 days (April 14 - May 13) stood at 45.6%, down from 83.8% over the previous 30 days (March 15 - April 13) and down from 69.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 5-bathroom home in Scarborough stood at 13 days when successfully sold over the last 30 days (April 14 - May 13), compared to 32 days before being removed from the market upon being suspended or terminated.
Listing contracted with Real Estate Homeward
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