173 Melrose Street, Toronto, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Mimico. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $3,450 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
- Generous living space spanning 700-1100 sqft on a premium 40 x 125.5 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Beautifully Renovated Bungalow In A Prime, Family-Friendly Location! Extensively Renovated Approx. One Year Ago *Situated in a prime location, this home features 3-car parking, a spacious backyard with newer sheds, and a walk-out deck perfect for entertaining or relaxing. *Step inside to discover newer engineered hardwood flooring on the main level and vinyl flooring in the bright basement. *The entire home has been freshly painted, and includes newer washrooms, pot lights, newer windows, and an updated driveway. *The modern kitchen boasts stainless steel appliances, granite countertops, and ample cabinet space. *Newer Dishwasher and Washer. *The look-out basement features large windows, offering plenty of natural light and a spacious feel. *Located in a family-friendly neighbourhood with easy access to QEW, Gardiner, and Hwy 427, this home is just a short walk to the GO Train, as well as shops and restaurants on Royal York. *Don't miss this great opportunity to live in the city while enjoying the charm and comfort of a fully upgraded home.
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Property Summary
This detached home located at 173 Melrose Street, Toronto is currently for sale and has been available on SousaSells for 0 days. This property is listed at $3,450 with an estimated mortgage of $11* per month. It has 2 beds, 2 bathrooms, and is 700-1100 square feet. 173 Melrose Street, Toronto is in the Mimico neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Mimico, Toronto.
- •2 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •700-1100 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 173 Melrose Street, Toronto, ON
Q.What is the asking price for 173 Melrose Street, Toronto, ON ?
The current listing price for 173 Melrose Street, Toronto, ON in Mimico, Toronto is $3,450.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 2 bathrooms across approximately 700-1100 sqft.
Q.What property type and architectural style is 173 Melrose Street, Toronto, ON ?
173 Melrose Street, Toronto, ON is a Detached (Bungalow) featuring a Finished basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 3.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 173 Melrose Street, Toronto, ON M8Y 1B6
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $3,450 in Toronto, the legal minimum down payment is $173 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $17 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $17 also applies, bringing the total estimated land transfer taxes to $35.
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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.