357 Melrose Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Mimico. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,865,000 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 4 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 25 x 125 ft lot
- Features a finished, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, Central Vacuum, Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Experience exceptional custom-built luxury where every detail has been thoughtfully designed & expertly crafted. Featuring premium imported Italian windows, custom Italian cabinetry, Italian quartz surfaces, Italian bathroom vanities & custom Italian interior doors with premium hardware, flush-mount hinges & magnetic latch systems, this home showcases quality at every turn. The stunning open-concept main floor is highlighted by soaring ceilings, contemporary finishes & an impressive chef-inspired kitchen complete with a Bertazzoni gas range & premium Miele appliances.Offering 5 spacious bedrooms & 4 beautifully appointed bathrooms, the home blends elegance with everyday functionality. Enjoy integrated speakers & a smart security system, upper-level laundry & a luxurious primary retreat featuring a spa-inspired 5-piece ensuite with a steam shower & soaker tub.The fully finished lower level offers 13-ft ceilings in the bedroom, 11-ft ceilings in the main living area, in-floor heating throughout, a wet bar & a floor-to-ceiling walkout to the south-facing backyard. Designed to maximize natural light & openness, this bright, spacious & versatile space is ideal for an in-law or nanny suite.Outdoor living is equally impressive with a fully fenced backyard, oversized patio & upper-level deck, creating the perfect setting for entertaining family & friends. The property also offers parking for 4 vehicles.Situated in 1 of the area's most desirable lakeside communities, this exceptional residence offers the perfect balance of luxury & convenience, just minutes from downtown & the airport. Enjoy walking access to local favourites, village amenities, transit & waterfront attractions. This is a rare opportunity to own a truly remarkable home in a sought-after family-friendly neighbourhood.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Public Transit, Place Of Worship, Park, School, Lake/Pond
Interior Features
Auto Garage Door Remote, Central Vacuum, Water Heater
Security Features
Community Features
Location
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 357 Melrose Street B, Toronto W06, ON M8Z 1G9
Based on 0 recent similar sales in the pocket.
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 $1,865,000 in Toronto, the legal minimum down payment is $373,000 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 $33,775 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $33,775 also applies, bringing the total estimated land transfer taxes to $67,550.
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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.