$2,399,000 - 7 Balcarra Avenue, Scarborough
Detached for Sale in Scarborough
- MLS Number
- E13148220
- Property Type
- Detached
- Status
- active
- Days on Site
- 22
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Scarborough Town Centre
- Listing Brokerage
- UNION REALTY BROKERAGE INC.
A rare ravine sanctuary designed by celebrated Toronto architect Lorne Rose, this custom modern residence seamlessly blends California-style architecture with the inviting serenity of Scandinavian design. Set on an impressive 90' x 200' ravine lot along a rarely travelled Bluffs street, this expansive five plus one bedroom home offers a lifestyle defined by peaceful luxury and connection to nature. From the circular driveway, the home unfolds through sun-drenched, open-concept living spaces framed by filtered natural light and panoramic treetop views. Multiple walkout decks overlook the gardens and ravine beyond, creating the perfect setting for morning coffee, sunset entertaining, and quiet moments surrounded by nature, where deer can often be seen wandering through the ravine landscape.Thoughtfully designed with exceptional attention to detail, the home features a striking custom front door, floating staircase with glass railings, solid wood interior doors, and a beautifully appointed chef's kitchen with premium Bosch appliances. A spacious, well-lit walkout basement with a private lower-level suite adds flexibility for guests or extended family. Surrounded by mature trees, nearby parks, and walking trails, the neighbourhood is known for its large lots, leafy streets, and quiet community feel. Located just minutes from the water, Bluffer's Park, and GO Transit for an easy commute to Union Station, this is a home where architecture, nature, and lifestyle exist in perfect harmony.
Estimate your monthly payments for this property
Estimated Payment
$10,611.59/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 Scarborough Town Centre
Scarborough Town Centre 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 Scarborough Town Centre
- •Convenient location in Scarborough Town Centre
- •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
Scarborough Town Centre 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.
7 Balcarra Avenue, Scarborough Town Centre
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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 30+ years of GTA real estate experience
Competitive Pricing
At $685/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 22 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Scarborough 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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 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 Scarborough.
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.