492 Melrose Avenue, Toronto, ON
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Property Highlights
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 $2,349,000 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.
- 4 Bedrooms and 4 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 30 x 107 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Built-In Oven, Central Vacuum, Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Beautiful family home in one of the most sought after streets in the highly coveted Ledbury Park neighbourhood. Enjoy this spacious and immaculate home flowing with Hardwood flooring throughout main level, and large principle living and dining rooms with picture windows and California shutters. Entertain from the spacious eat-in kitchen open to the warm family room with wood-burning fireplace and oversized deck. Second Floor Features Large Primary With Walk-In Closet And Recently Renovated Ensuite, W/ 2 Additional Sizable Bedrooms, Plus Converted 4th Bedroom Into Oversized 2nd Level Laundry room. Lower Level Has Spacious Rec Room With High Ceilings, large Washroom, With Access To 2 Car Below Grade Garage. Just steps to the best restaurants and shops, with distinguished schools and multiple parks, this loving and well-cared for home is ideal for any family and should not be missed.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Library, Park, Place Of Worship, Public Transit, School
Interior Features
Built-In Oven, Central Vacuum, Sump Pump, Water Heater
Security Features
Alarm System, Security System, Smoke Detector
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 492 Melrose Avenue, Toronto C04, ON M2M 2A2
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 $2,349,000 in Toronto, the legal minimum down payment is $469,800 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 $45,200 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $45,200 also applies, bringing the total estimated land transfer taxes to $90,400.
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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.
