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One Balmoral Condos

Sold Out Nov 2024

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One Balmoral Condos is a new condominium development by Diamante Development Corporation that is now complete located at 1 Balmoral Avenue, Toronto in the Summerhill neighbourhood with a 95/100 walk score and a 89/100 transit score. One Balmoral Condos is designed by Rafael & Bigauskas Architects. Development is scheduled to be completed in 1998. The project is 9 storeys tall (26.00m, 85.3ft) and has a total of 133 suites ranging from 550 sq.ft to 3,390 sq.ft. One Balmoral Condos is the #253 tallest condominium in Toronto and the #7 tallest condominium in Summerhill.

Neighbourhoods

Summerhill
40 Total Projects
Neighbourhood in Toronto

Sales Status

View on Map
Actively Selling
3
Actively Selling
Launching Soon
1
Launching Soon
Registration Phase
15
Registration Phase
Sold Out
1
Sold Out
Resale
20
Resale

About Summerhill

Discover Summerhill, Toronto: A Prestigious and Walkable Neighbourhood

Summerhill, located in Toronto, is a highly desirable neighborhood known for its historic charm, lush green spaces, and vibrant community. This area, situated along the Yonge Street corridor, offers a perfect blend of urban convenience and residential tranquility. Here’s an in-depth look at what makes Summerhill a standout neighborhood.

Why People Love Summerhill

Summerhill is celebrated for its unique combination of historical significance, upscale amenities, and excellent walkability. Key highlights include:

  • Historic Charm: The neighborhood features a mix of Victorian and Edwardian homes built between 1880 and 1915. These homes, with their distinctive architectural styles and brick exteriors, add to the area’s charm and historical ambiance  .
  • Scenic Green Spaces: Summerhill is home to several parks and green spaces, such as the Rosehill Reservoir Park and David A. Balfour Park. These parks offer walking trails, playgrounds, and stunning natural scenery, making them perfect for outdoor activities  .
  • Vibrant Community Events: The neighborhood is known for its community events and vibrant cultural scene. The annual Cavalcade of Lights, featuring a 50-foot blue Christmas tree, is a highlight for residents and visitors alike .
  • Local Amenities
  • Summerhill provides a wealth of amenities that enhance the quality of life for its residents:
  • Shopping and Dining: The area boasts a variety of boutique shops, gourmet markets, and fine dining restaurants. Popular spots include the Summerhill Market for gourmet groceries and the renowned Sorrel Restaurant for French-Mediterranean cuisine  .
  • Education: Summerhill offers access to several top-rated public and private schools, including Cottingham Junior Public School, The York School, and The Linden School. The emphasis on education makes it an attractive location for families  .
  • Fitness and Recreation: Residents have access to various fitness centers, sports clubs, and outdoor recreational facilities. The Summerhill Fitness Centre and the Cottingham Tennis Club are popular choices for maintaining an active lifestyle

Real Estate in Summerhill

The real estate market in Summerhill is characterized by its mix of historic homes and modern condominiums:

  • Average Home Prices: The average home price in Summerhill is approximately $2.5 million, reflecting its status as one of Toronto’s more affluent neighborhoods. This is significantly higher than the Toronto average of around $1.2 million
  • Notable Pre-Construction Condominium Buildings: Summerhill has several notable pre-construction condo developments, such as The Davies, which offer luxury living with modern amenities like concierge services, fitness centers, and rooftop terraces
  • Market Trends: The Summerhill real estate market remains strong, driven by its historic charm, high-quality amenities, and strong community spirit. Properties in this area are in high demand, often resulting in competitive market conditions

Economic Profile

  • Average Income: The median household income in Summerhill is significantly higher than the city of Toronto’s average. With an average individual income of approximately $200,000, the residents of Summerhill enjoy a high standard of living

Key Takeaways

  • Historic and Scenic Charm: Summerhill’s beautiful Victorian and Edwardian homes, lush parks, and vibrant cultural scene make it a picturesque and attractive place to live.
  • Vibrant Community: With numerous cultural events, excellent dining, and shopping options, Summerhill offers a lively and welcoming community atmosphere.
  • Desirable Real Estate: The neighborhood’s real estate market is strong, with high property values and consistent demand, making it a prime location for both homeowners and investors.

Summerhill stands out as one of Toronto’s most prestigious neighborhoods, offering a unique blend of historical charm, cultural vibrancy, and modern amenities. Whether you’re looking for a family-friendly environment, a vibrant community, or a luxurious place to call home, Summerhill has it all.

Development team

  • Developer
  • Architect

Key Information

Location
Completion
1998
Sales Status
Resale
Development Status
Complete
Building Type
Condo
Price Range
-
Suite Sizes
Avg. Price (/ft)
-
Parking Price
-
Locker Price
-
Mt. Fees (/ft)
-
  • Gym / Exercise Room
  • Public Transit
  • Guest Suites
  • Security Guard
  • Pets Allowed
  • Party Room
  • Meeting / Function Room
  • Enter Phone System
  • Concierge
  • Visitor Parking
  • Parking Garage

Additional Information

Walk Score
95 / 100
Transit Score
89 / 100
Interior Designer
-
Sales & Marketing Company
-
Count
9 Floors
133 Suites
Height (M)
26.00 m
Height (Ft)
85.3 ft
Data last updated: September 15th, 2024

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Launch Price/ft
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Current Price/ft
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Key Information

Location
Completion
1998
Sales Status
Resale
Development Status
Complete
Building Type
Condo
Price Range
-
Suite Sizes
Avg. Price (/ft)
-
Parking Price
-
Locker Price
-
Mt. Fees (/ft)
-
  • Gym / Exercise Room
  • Public Transit
  • Guest Suites
  • Security Guard
  • Pets Allowed
  • Party Room
  • Meeting / Function Room
  • Enter Phone System
  • Concierge
  • Visitor Parking
  • Parking Garage

Additional Information

Walk Score
95 / 100
Transit Score
89 / 100
Interior Designer
-
Sales & Marketing Company
-
Count
9 Floors
133 Suites
Height (M)
26.00 m
Height (Ft)
85.3 ft
Data last updated: September 15th, 2024