240 Balmoral Ave

Casa Loma, Toronto, M4V 1J9
FOR SALE
$4,495,000
240 Balmoral Ave, Toronto
240 Balmoral Ave
240 Balmoral Ave
240 Balmoral Ave
240 Balmoral Ave
240 Balmoral Ave
240 Balmoral Ave
240 Balmoral Ave
240 Balmoral Ave
240 Balmoral Ave
240 Balmoral Ave
240 Balmoral Ave
240 Balmoral Ave
240 Balmoral Ave
240 Balmoral Ave
240 Balmoral Ave
240 Balmoral Ave
240 Balmoral Ave
240 Balmoral Ave
240 Balmoral Ave
240 Balmoral Ave
240 Balmoral Ave
240 Balmoral Ave
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6
BEDROOMS
4
BATHROOMS
1
KITCHENS
13
ROOMS
C11999665
MLSID
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Property Description
An incredible opportunity in South Hill! Large tranquil corner property at Warren Road and Balmoral Avenue. 150-foot frontage on Balmoral and 66-foot frontage on Warren. The property has been legally severed into two registered lots, 30 x 150 FT (31 Warren Road) and 36 x 150 FT (240 Balmoral Ave.). So many options. Renovate the existing grand old 3-storey home; or build one new house; or build 2 new homes! Existing home has two large private backyards. Being sold as one property. Seller will assist in the process to revert to a single lot, if desired. Highly desirable neighbourhood close to shops, parks and top-rated schools. No warranties or representations made by Seller pertaining to the property. Buyer to do their own due diligence regarding the property and the opportunities available to them. Interior Photos provided by seller (2023)
Nearby Intersections
Property Details
Community
Property Type
Detached, 3-Storey
Lot Size
66' x 150'
Lot Irregularities
As per survey
Fronting
North
Taxes
$21,401 (2025)
Basement
Full
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain17.26' x 31.00'Hardwood Floor, W/O To Deck
DiningMain12.99' x 14.01'Hardwood Floor, W/O To Deck
KitchenMain10.66' x 16.34'
LibraryMain16.99' x 20.01'Hardwood Floor
Prim Bdrm2nd16.99' x 16.99'Broadloom, 3 Pc Ensuite
Family2nd17.16' x 23.43'Hardwood Floor
2nd Br2nd12.99' x 16.34'Hardwood Floor, B/I Closet
3rd Br2nd11.32' x 14.99'Hardwood Floor, Closet
Laundry2nd7.35' x 14.50'B/I Shelves
4th Br3rd11.25' x 12.40'Broadloom, Closet
5th Br3rd104.99' x 13.09'Broadloom
Br3rd10.50' x 11.15'
Toronto Market Statistics
Toronto Price Trend
240 Balmoral Ave is a 6-bedroom 4-bathroom home listed for sale at $4,495,000, which is $2,845,628 (172.5%) higher than the average sold price of $1,649,372 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 6 bedroom home in Toronto declined by $630,628 (27.7%) compared to the previous 30 day period (December 22 - January 20) and down $683,628 (29.3%) from the same time one year ago.
Inventory Change
There were 24 6-bedroom homes listed in Toronto over the last 30 days (January 21 - February 19), which is up 41.2% compared with the previous 30 day period (December 22 - January 20) and up 14.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
6-bedroom homes in Toronto typically sold ($138,427) (8.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $81,573 increase compared to the previous 30 day period (December 22 - January 20) and ($82,500) 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 6-bedroom homes in Toronto over the last 30 days (January 21 - February 19) stood at 20.8%, up from 5.9% over the previous 30 days (December 22 - January 20) and down from 28.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 4-bathroom home in Toronto stood at 73 days when successfully sold over the last 30 days (January 21 - February 19), compared to 94 days before being removed from the market upon being suspended or terminated.
Listing contracted with Forest Hill Real Estate Inc.
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