
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Bedford Park-Nortown. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,489,500 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.
A home with beautiful character, room to grow, and tremendous potential - in a location that is hard to beat. This special home offers the kind of architectural character that is increasingly difficult to find, along with the opportunity to update and make it truly your own. The main floor is filled with beautiful details, including a beamed ceiling in the dining room, elegant beveled-glass doors opening to the living room, and gorgeous newer hardwood floors. The large, bright family room offers plenty of space for family life or entertaining. With its wonderful original details and spacious layout, the home provides an inspiring foundation for a thoughtful renovation. The kitchen, bathroom and mechanical systems are ready for updating, giving the next owner the opportunity to modernize the essentials while preserving the character and charm that make this home distinctive. The basement adds significant flexibility, with abundant storage and a partially finished room formerly used as a sewing workshop - ideal for hobbies, a home office, workshop or additional recreation. An existing additional WC presents an excellent opportunity to be converted into a second full bathroom. And then there is the location: steps from Avenue Road and just minutes from Yonge Street, with an exceptional selection of boutique shops, restaurants, cafés, grocery stores and everyday conveniences all close at hand. Parking is another welcome advantage, with a legally widened driveway accommodating one car, plus the mutual drive providing access to the rear, where a small car can also be parked. A character-filled home with beautiful architectural details, generous living space, abundant storage and exciting potential - all in a truly fabulous, walkable location.
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This detached home located at 247 Melrose Avenue, Toronto is currently for sale and has been available on SousaSells for 0 days. This property is listed at $1,489,500 with an estimated mortgage of $4,958* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 247 Melrose Avenue, Toronto is in the Bedford Park-Nortown neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Bedford Park-Nortown, Toronto.
Families, couples, or downsizers looking for a well-proportioned home in Toronto.
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No historical data available for this property.
This could be the first listing for this address.
If you are looking for a house in Toronto or researching Toronto real estate for sale, this 3-bedroom detached at 247 Melrose Avenue, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
Browse all verified Toronto real estate listings, compare active Toronto houses for sale, and view brand new MLS® inventory before it hits the open market.
Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Toronto realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Estimated mortgage: $4,958*/month*. Estimated Ontario Land Transfer Tax: $52,530. First-time Toronto home buyers may qualify for up to $8,475 in rebates.
The current listing price for 247 Melrose Avenue, Toronto, ON in Bedford Park-Nortown, Toronto is $1,489,500.
This property features 3 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
247 Melrose Avenue, Toronto, ON is a Detached (2-Storey) featuring a Partially Finished basement.
Interior highlights include: Carpet Free, Floor Drain.
Yes, this property offers parking space for 2.0 vehicles (Detached).
Heating is provided via Gas and cooling via Central Air.
Bedford Park-Nortown, Toronto
75 assaults (298.1/100k)
99 B&E (393.4/100k)
104 thefts (413.3/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Data-driven valuation for 247 Melrose Avenue, Toronto, ON M5M 1Z2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,489,500 in Toronto, the legal minimum down payment is $297,900 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 $26,265 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,265 also applies, bringing the total estimated land transfer taxes to $52,530.
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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.
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