$5,699,000 - 176 Balmoral Avenue, Yorkville
Detached for Sale in Yorkville
159 days on marketNeighbourhood: Casa Loma
- MLS Number
- C12700608
- Property Type
- Detached
- Status
- active
- Days on Site
- 159
- Bedrooms
- 5
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Lot Size
- 6,792 sqft
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
Remarkable value in South Hill. A rare offering of architectural brilliance and historic significance, this storybook red-brick estate was originally built in 1908 and is attributed as the early residence of Lawren Harris, celebrated founder of Canada's famed Group of Seven. Painstakingly rebuilt w/a full-scale reconstruction and rear addition in 2018, followed by an elevated design renovation in 2020 by Sherwood Homes and Connie Braemer Design, this property masterfully blends heritage charm w/modern luxury. Behind its romantic facade lies a sophisticated contemporary interior, curated with exceptional attention to detail. The dramatic foyer showcases a Nero Marquina and Oriental White marble checkered floor beneath a mirrored bronze ceiling, with Macassar ebony archways and custom aged-metal French doors. The living room offers a bespoke black metal fireplace with Nero Assoluto stone and custom window seating, while the jewel-like powder room is wrapped in Phillip Jeffries cork wallpaper. The chefs kitchen by Cando Woodworking features rift-cut ebony-stained oak cabinetry w/brass detailing, a custom metal hood, Belvedere quartzite counters, 10 foot sliding glass doors that connect seamlessly to the outdoors. Ebony-stained mahogany millwork and a sleek black metal mantel enrich the adjoining family room. The primary suite is a private retreat w/custom Sapele mahogany furnishings, a Noir St. Laurent marble fireplace, and a boutique-style walk-in closet. The ensuite is clad in Noir St. Laurent marble with a dramatic backlit feature wall, custom vanity, and integrated sinks. Outdoors, a spectacular acrylic and stainless-steel pool by Elite Pools anchors the private garden oasis, complemented by extensive cedar decking, multiple terraces, and retractable awnings. A heated driveway with custom pavers and illuminated walkway complete this world-class residence. This is more than a home, it is a South Hill landmark, where history, design, and luxury converge.
Estimate your monthly payments for this property
Estimated Payment
$25,208.60/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 Casa Loma
Casa Loma 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 Casa Loma
- •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
Casa Loma 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.
176 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 30+ years of GTA real estate experience
Premium Pricing
At $1628/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.
Negotiation Opportunity
At 159 days on site, this property has exceeded the typical selling timeline for Yorkville. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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 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 6 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.