$2.95 million

Yonge-st. Clair

123 Balmoral Ave. (Avenue Road and St. Clair Avenue West)

Asking price: $3.195 million Sold for: $2.95 million Taxes: $11,698 (2019) Bedrooms: 5+1 Bathrooms: 4

Square footage: 2,785 Garage: 0

Parking: 2

Days on the market: 23

Location was what it was all about for the potential buyers drawn to this Balmoral Avenue home at Avenue and St. Clair. Listing agent Susan Froese- Mchardy says it appealed to those who “love the area, or are eager to be in the area. It’s the best location in the city.”

There were many interested parties, however it was not a multiple offer situation. The home was on the market for 23 days and sold for 92 per cent of the asking price.

People who visited the property commented about the potential that the five- bedroom, four- bathroom home offers, as well as the “superior location with parking.”

She says the 25x125- foot property has a deep garden, which buyers found very attractive as well as parking for two cars.

The three-storey 2,785- square- foot detached brick house was built in 1908 and has had some upgrades and renovations over the years, including wiring, plumbing and a nanny’s suite on the 975- square- foot lower level, she says.

The main floor offers a light bright decor, pot lights for a clean contemporary feel and a dramatic staircase leading upstairs and down.

The living room has a fireplace and the kitchen has a breakfast area and a walkout to a raised deck. The mainfloor family room also has a walkout to a deck.

A bonus is outdoor space accessible from the master bedroom/sunroom and another bedroom on the second level.

The third floor offers an additional two bedrooms and a four- piece bathroom. A kitchen/ living room, one bedroom and a three- piece bathroom are on the lower level, which has a side entrance.

The midtown property is within walking distance of Yonge and St. Clair station and Yonge Street shops. It is a quick commute to Yorkville and downtown, she says. Private and public schools are nearby.

Some of the homes on Balmoral and neighbouring streets have undergone renovations, from minor to major, in recent years, Froese-mchardy says.

When the new owners move in, she says they won’t necessarily gut it but “most likely will change it to suit their tastes.”

Listing Broker: Chestnut Park Real Estate Limited (Susan Froese-mchardy and Sheila Gallagher)