49 Melgund Road, Toronto C02, ON

$2,079,000
MLS#:C8474398
5 beds
3 baths
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["3-Storey"] detached located in the coveted neighborhood of Casa Loma. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $2,079,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 3 Bathrooms
  • Premium 24.5 x 80 ft lot size
  • Features a ["partially finished", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Countertop Range
  • equipped with ["wall unit(s)"] central cooling and highly efficient water heating via gas

This prized and historic south facing home is located steps from enchanting Casa Loma. Encircled by parkland and walkable ravines, this community is truly one of a kind! The first glimpse, with its covered front porch, Tudor peaks, dormers, and show-stopping front and back perennial gardens, will enchant you. Step inside to an expansive foyer adorned with stained glass, classic period details, ten-inch oak baseboards, inlaid floors, beamed ceilings, and a restored antique fireplace. The main floor offers an open yet defined flow, perfect for large gatherings and dinner parties. The open kitchen, with its island for mingling, ensures you're always part of the action. The cozy family room with its fireplace is perfect for relaxation. The primary bedroom on the second floor, with an adjoining sitting room, provides a welcoming retreat. Alternatively, if desired, the primary bedroom can also be situated on the third floor which is illuminated by six skylights and features cathedral rafter ceilings. Or this versatile space is ideal for teenagers, guests, a home office, gym, or media room. The private backyard oasis is perfect for hosting large gatherings surrounded by lush greenery. The neighborhood's charm includes the newly restored Wychwood Library, highly rated Hillcrest PS, and a community center. Its steps to the subway, Wychwood Barns, Saturday Farmers Market, trendy shops and delicacies on St. Clair and Forest Hill Village, Loblaws, Wells Hill Park, Sir Winston Churchill Park, Bishop Strachan, and Upper Canada College two of the most prestigious private schools in the country.

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 15, 2024
Sold price information is available to members only
Listed Date6/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Stone
Lot Size24.5 × 80 Feet
CountyToronto
Annual Tax$6,490
Legal DescriptionPT LT 15-16 PL D1325 TORONTO AS IN CT782022 T/W AND S/T CT782022; CITY OF TORONTO

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeWater
Cooling["Wall Unit(s)"]

Features

Property Features

Fenced Yard, Public Transit, Park

Community Features

Location

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49 Melgund Road, Toronto C02, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Casa Loma, Toronto C02.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$2,268,882

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Holy Rosary
Public354 St. Clair Avenue West, Toronto, Ontario, M5P 2Y1
8.6
Hillcrest
Public44 Hilton Avenue, Toronto, Ontario, M5R 3E6
7.8
Cottingham
PublicCottingham Street, Toronto, Ontario, M4V 1E3
10.0
Huron Street
Public541 Huron Street, Toronto, Ontario, M5R 2R6
5.8
Forest Hill
PublicToronto, Ontario, M5P 2W8
8.3

Secondary Schools

Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 49 Melgund Road, Toronto C02, ON M5R 2A1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$1,663,200
Monthly Mortgage$9,664
Property Tax (Est.)$541
Utilities & Maint.$350
Total Monthly Cost$10,555

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto C02.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.