NO CONDO FEES | RARE 4-BEDROOM LAYOUT | NUMEROUS UPDATES | FULLY FENCED YARD. Welcome to 125 Balsam Bay, a beautifully maintained and extensively updated home in the heart of Timberlea, ideally situated close to schools, shopping, parks, and everyday amenities. Offering a rare four-bedroom floor plan with no condo fees, this property combines spacious living with exceptional value. Step inside to discover a bright, open-concept main living area enhanced by soaring vaulted ceilings and durable laminate flooring throughout. The well-appointed kitchen features timeless white cabinetry, stainless steel appliances, a functional island with breakfast seating, and additional pantry storage, making it both stylish and practical. The inviting living room is centered around a cozy gas fireplace, creating the perfect place to relax or entertain. Privately positioned on one end of the home, the spacious primary retreat offers a walk-in closet and a full ensuite complete with a large soaker tub. The remaining three bedrooms are thoughtfully located on the opposite side of the home, providing excellent separation for family or guests. One of these oversized rooms offers outstanding flexibility and could easily serve as a family room, media room, home office, playroom, or additional living space. A convenient mudroom with laundry leads directly to the backyard. Outside, you'll enjoy a fully fenced yard designed for both relaxation and entertaining, featuring an impressive 11' x 20' deck, two storage sheds—including one with attic storage—and additional space behind the home that is ideal for a dog run or extra storage. The front driveway offers plenty of parking for multiple vehicles. This home has seen numerous important updates, including a new dishwasher (2017), stove and microwave (2018), flooring (2019), updated trim (2021), furnace chimney (2021), central air conditioning (2021), refrigerator (2025), hot water tank (2025), and furnace (December 2025), providing peace of mind for years to come. Move-in ready and loaded with value, this exceptional property is ready for its next owners. Schedule your private showing today!
Data was last updated July 18, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
107
Avg list price:
$379,900
Min list price:
$39,900
Max list price:
$920,000
Avg days on market:
45
Min days on market:
1
Max days on market:
207
Avg price per sq.ft.:
$287.44
These statistics are generated based on the current listing's property type
and located in
Timberlea. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.