106 Balsam Ave

The Beaches, Toronto

106 Balsam Ave, The Beaches, Toronto

$2,599,000


Bedrooms: 3

Bathrooms: 5


About this Detached

in The Beaches, Toronto

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 elegant 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 the Glen Manor ravine. 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!
Hot water floor heating in a number of rooms including basement "garden room". Irrigation system in front and backyards. Beautifully landscaped!

Listed by REAL ESTATE HOMEWARD.


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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