387 Melrose Avenue, Toronto C04, ON

$1,750,000
MLS#:C9373516
2 beds
2 baths
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Bedford Park-Nortown. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,750,000 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.

  • 2 Bedrooms and 2 Bathrooms
  • Premium 30.04 x 150.29 ft lot size
  • Features a ["partially finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Other
  • equipped with ["none"] central cooling and highly efficient radiant heating via other

Your dream home journey starts here! Discover endless possibilities with this hidden gem on MelroseAve! Perfectly positioned near vibrant Avenue Road. This expansive 30x150 lot offers the idealfoundation for your dream home. Imagine designing a custom residence tailored to your tastes, withample space for lush gardens, a pool, or even an outdoor entertainment area. The existing bungalowawaits your visionary touch, ready to be transformed or reimagined entirely. Seize this rareopportunity to create a spectacular living space in a coveted neighborhood. Live now, Build later. New Roof-2022, Upgraded Plumbing Sewer System- 2021 Appliances-2022, Back Flat Valve- 2019 And Updated Boiler 2023.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 18, 2024
Sold price information is available to members only
Listed Date9/30/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size30.04 × 150.29 Feet
CountyToronto
Annual Tax$7,167.19
Legal DescriptionPT LT 107 PL 1706 TWP OF YORK AS IN TB974548 CITY

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeDetached

Heating & Cooling

Heat SourceOther
Heat TypeRadiant
Cooling["None"]

Features

Property Features

Fenced Yard, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School

Community Features

Location

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387 Melrose Avenue, Toronto C04, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Bedford Park Nortown, Toronto C04.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$850,000

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

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Secondary Schools

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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 387 Melrose Avenue, Toronto C04, ON M5M 1Z6

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$1,400,000
Monthly Mortgage$8,135
Property Tax (Est.)$597
Utilities & Maint.$350
Total Monthly Cost$9,082

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 C04.

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.