$3,600,000 - 131 Balmoral Avenue, Yorkville
Detached for Sale in Yorkville
New — Listed yesterday- MLS Number
- C12891542
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Lot Size
- 3,165 sqft
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
This architecturally designed 4+1 bedroom, 5-bathroom masterpiece sits in the heart of Yonge/St. Clair, offering a rare blend of modern sophistication and warm family comfort in one of Toronto's most coveted neighborhoods. Renovated entirely to the studs, the home showcases thoughtful design and exceptional finishes at every turn. The elegant main floor features a sleek contemporary kitchen that flows into a bright family room, where floor-to-ceiling views overlook a beautifully landscaped backyard complete with low-maintenance turf - an ideal backdrop for seamless indoor-outdoor entertaining. The second level is highlighted by a stunning primary suite, serving as a true urban sanctuary with its spa-inspired steam shower and an impressive, curved walk-around custom closet and dressing area. Versatility continues on the lower level, which boasts a separate entrance and a convenient kitchenette, making it the perfect layout for a nanny or guest suite. Outside, the lushly landscaped rear gardens offer multiple seating areas for relaxation, while the front provides a rare and highly coveted parking pad that comfortably accommodates up to four vehicles. Perfectly positioned within the prestigious Brown Public School district, 131 Balmoral offers the ultimate balance of neighborhood charm and city convenience. Residents are just steps away from serene local parks, convenient transit, boutique shopping, and some of the finest dining destinations the city has to offer.
Estimate your monthly payments for this property
Estimated Payment
$15,924.01/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Annex / Yorkville / Summerhill
Annex / Yorkville / Summerhill is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Annex / Yorkville / Summerhill
- •Convenient location in Annex / Yorkville / Summerhill
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Annex / Yorkville / Summerhill offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
131 Balmoral Avenue, Annex / Yorkville / Summerhill
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 25+ years of GTA real estate experience
Premium Pricing
At $1440/sqft, this property is priced above the Yorkville average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Just Listed - Act Strategically
This property hit the market within the last week. In Yorkville's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Yorkville are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Yorkville.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Yorkville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $15,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.