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New2 days ago

1 Balmy Avenue

The Beaches, Toronto

$1,950,000

Detached|3-Storey
4 | 3 | 1
About this home

Welcome to 1 Balmy Avenue, a beautifully renovated detached home tucked away on one of The Beaches' most quiet streets. Set on a short cul-de-sac just off Silver Birch, this is a rare opportunity to enjoy the best of Beach living, with the boardwalk and Balmy Beach Club just a four-minute walk away, Queen Street and the 501 nearby, and Kew Gardens an easy stroll along the waterfront. Thoughtfully renovated from top to bottom, the home combines classic Beach character with the comfort and functionality of a modern family home. The lower level has been underpinned to create full-height ceilings, extending the living space well beyond the main floors. The open and inviting main level features hardwood floors, custom built-ins, an electric fireplace and integrated Sonos sound. At the heart of the home is a beautifully appointed kitchen with quartz countertops, Sub-Zero refrigerator, Wolf cooktop and convection microwave, Miele dishwasher and built-in Miele coffee maker. From the kitchen, walk out to a private south-facing deck and hot tub-an exceptional outdoor retreat for relaxing and entertaining. The second floor offers three bedrooms, including a generous front bedroom with its own balcony. The entire third floor is dedicated to the primary suite, featuring custom closets, and a spacious five-piece ensuite beneath a skylight so you can lie cozy in the tub during a storm; a peaceful private retreat filled with natural light. Downstairs, the finished lower level offers a large recreation room, three-piece bathroom and dedicated storage, creating a comfortable extension of the home for movie nights, play space, guests or everyday family living. With four bedrooms, three bathrooms, front-pad parking, central air, central vacuum and a 23 x 70 ft lot, 1 Balmy Avenue offers something increasingly difficult to find in The Beaches: a detached, move-in-ready family home just steps from the lake, excellent schools and everything that makes this neighbourhood so special.

Extras

No extras listed.

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Open houses

  • Sat, Sep 26

    1:00 PM – 4:00 PM

  • Sun, Sep 27

    1:00 PM – 4:00 PM

Or pick a time that works for you.

Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
Style3-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$8,996
Lot Size23 ft x 70 ft
mls© NumberE13809004
Listed ByFOREST HILL REAL ESTATE INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$9,981
Property tax
$750
Heat allowance
$150
Housing costs
$10,881 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $390,000
25-yr amortization

Income needed

$335,000

gross annual household income

Payment at 4%
$8,206 / mo
Cash down
$390,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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