60 Balsam Ave

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60 Balsam Ave, Scarborough
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5 + 2
BEDROOMS
6
BATHROOMS
1
KITCHENS
10 + 3
ROOMS
E4255248
MLSID
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Property Description
Exceptional Custom Build On A Large Lot W/Hi-End Finishes, Soaring Ceilings, Main Flr Den & Family Rm, Multiple Fireplaces, Poplar Trim, Solid Drs, Custom Wainscoting, Stunning Kitchen Island O/L Family Room, Herringbone Backsplash, Elegant Natural Stone/Porcelain Throughout, Coffered & Cathedral Ceilings, Oversized Master W/Walkout Deck, Fully Finished Lower Level W/Solid Oak Wine Cellar, Equipped W/Control 4 Smart Home System. Prime Beach! Not To Be Missed!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-09-29 2020-10-10 11 $3,995,000 $3,770,000 Sold
2020-07-29 2020-08-19 21 $3,995,000 - Terminated
2019-07-26 2019-08-11 16 $9,500 - Terminated
2019-03-18 2019-05-17 60 $4,278,000 - Terminated
2019-06-07 2019-08-04 58 $3,995,000 - Terminated
2019-06-21 2019-07-26 35 $14,900 - Terminated
2018-09-26 2019-01-15 111 $14,900 - Terminated
Extras
Thermador: Fridge, Wall Oven, Dishwasher, Microwave, Wine Fridge, Irrigation System, Six Burner Gas Cook Top, Lg Washer, Lg Dryer, Wine Cellar, In-Floor Heating Capability, Multiple Fireplaces, Crown Mouldings, Custom Wainscoting.
Property Features
Beach, Grnbelt/Conserv, Lake/Pond, Library, Park, Public Transit
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
45' x 118'
Lot Irregularities
As Per Plan Of Survey
Fronting
West
Taxes
$9,260 (2018)
Basement
Finished, Sep Entrance
Exterior
Other, Stone
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain14.50' x 15.22'Gas Fireplace, Hardwood Floor, Large Window
DiningMain14.50' x 15.94'Wall Sconce Lighting, Hardwood Floor, Window
KitchenMain14.90' x 23.46'Custom Backsplash, Stone Counter, B/I Appliances
DenMain12.73' x 14.34'B/I Shelves, Hardwood Floor, Large Window
FamilyMain18.90' x 20.93'B/I Shelves, Hardwood Floor, W/O To Deck
Master2nd20.44' x 21.19'W/I Closet, Electric Fireplace, 5 Pc Ensuite
2nd Br2nd13.58' x 14.67'W/I Closet, Pot Lights, 4 Pc Ensuite
3rd Br2nd13.68' x 14.67'W/I Closet, Pot Lights, 3 Pc Ensuite
4th Br2nd14.17' x 14.67'W/I Closet, Pot Lights, 4 Pc Ensuite
5th Br2nd12.24' x 14.47'W/I Closet, Pot Lights, Window
ExerciseBsmt13.29' x 14.96'Window, Pot Lights, Finished
RecBsmt19.82' x 34.48'Pot Lights, Double Doors, Walk-Up
Scarborough Market Statistics
Scarborough Price Trend
60 Balsam Ave is a 5-bedroom 6-bathroom home listed for sale at $4,298,000, which is $1,695,305 (65.1%) higher than the average sold price of $2,602,695 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 5 bedroom home in Scarborough increased by $198,095 (8.2%) compared to the previous 30 day period (February 26 - March 26) and down $282,952 (9.8%) from the same time one year ago.
Inventory Change
There were 133 5-bedroom homes listed in Scarborough over the last 30 days (March 27 - April 25), which is up 14.7% compared with the previous 30 day period (February 26 - March 26) and up 22.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Scarborough typically sold ($58,646) (2.3%) below asking price over the last 30 days (March 27 - April 25), which represents a $39,039 decrease compared to the previous 30 day period (February 26 - March 26) and ($18,196) 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 5-bedroom homes in Scarborough over the last 30 days (March 27 - April 25) stood at 45.1%, down from 51.7% over the previous 30 days (February 26 - March 26) and down from 59.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 6-bathroom home in Scarborough stood at 15 days when successfully sold over the last 30 days (March 27 - April 25), compared to 63 days before being removed from the market upon being suspended or terminated.
Listing contracted with Union Realty Brokerage Inc., Brokerage
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