21 Melgund Road, Toronto, ON

$3,700
MLS#:C13072548
3 beds
2 baths
700-1100 sqft
1.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Casa Loma. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $3,700 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.

  • 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 18.5 x 100 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor
  • Efficient water heating via gas

Description

Rare, sprawling 1,844 sq ft 3 Bedroom, 2 Bath, 2 kitchen suite over two fully finished floors facing beautiful Wells Hill Park. Large windows, light filled, fully renovated, gleaming hardwood floors, 2 gas fireplaces, pot lights, crown mouldings, large modern eat-in kitchen with centre island & breakfast bar and walk-out to patio. Lower level 2nd kitchen is perfect for movie nights in the large & cozy media/family room w/2nd gas fireplace. Private Main+Lower Level 2-storey residence located steps to gorgeous Nordheimer Ravine, Wychwood Barns Park & the St. Clair Streetcar.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
Listed Date4/30/2026
Transaction TypeFor Lease

Property Details

Property Sub-TypeDuplex
Architectural Style2-Storey
ConstructionBrick
BasementFinished, Full
Lot Size18.5 × 100 Feet
CountyToronto

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeWater
CoolingNone

Features

Property Features

Greenbelt/Conservation, Park, Ravine, Public Transit, School

Interior Features

Primary Bedroom - Main Floor

Security Features

Community Features

Location

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21 Melgund Road, Toronto, ON
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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 21 Melgund Road Main + Lower, Toronto C02, ON M5R 1Z9

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$185 (5.0%)
* Minimum Canadian down payment required for this price is $185.
Amortization Period25 Years
Estimated Monthly Payment$21Based on a loan of $3,515 over 25 years.
Purchase Price$3,700
Loan Amount$3,515
Provincial Land Transfer Tax:$19
Toronto Municipal Land Transfer Tax:$19
Total Estimated Closing Taxes:$37

About Purchasing a Home in Toronto, ON

For a property listed at $3,700 in Toronto, the legal minimum down payment is $185 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 $19 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $19 also applies, bringing the total estimated land transfer taxes to $37.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Casa Loma, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$2,787,592

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

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-Occupied48%
Rented52%

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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.