494 Melrose Avenue, Toronto, ON

$2,649,000
MLS#:C8429068
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4 Bedrooms
4 baths
4.0 parking
Residential Freehold
Sold property - 4 Bed, 4 Bath Home at 494 Melrose Avenue Toronto ON listed at $2,649,000 (MLS# C8429068) - Main View
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This property was sold on June 14, 2024. Listing is for reference only.
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GTA Transit & Commute from this Address

Realistic rush-hour travel times from 494 Melrose Avenue

GO Train to Union Station

TTC Subway & GO Transit network: 10–25 min to Financial Core

Highway Access

Gardiner, DVP & 401: 5–12 min drive

Airport & Regional Link

Billy Bishop (YTZ): 10–15 min | Pearson (YYZ): 25 min

Added:Jun 11, 2024(887 days ago)
Updated:Jun 14, 2024(884 days ago)
Last Checked:19 minutes ago

Property Highlights

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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Bedford Park-Nortown. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,649,000 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
  • Premium 30 x 107 ft lot size
  • 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: Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

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Fabulous and meticulously maintained 4 bedroom sun-filled family home with finished basement and located in sought after Avenue Road / Lawrence neighbourhood. Bright and spacious main floor with open concept breakfast & family room with gas fireplace and built-in's. Generous sized living/dining rooms perfect for entertaining. Stunning private lush backyard oasis with large deck and flagstone patio. Close to all amenities including shopping, restaurants, schools, parks, TTC and minutes to 401.

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Property Summary

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This detached home located at 494 Melrose Avenue, Toronto is currently for sale and has been available for 887 days. This property is listed at $2,649,000 with an estimated mortgage of $8,818* per month. It has 4 beds, 4 bathrooms, and is unknown square feet. 494 Melrose Avenue, Toronto is in the Bedford Park-Nortown neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 4 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Bedford Park-Nortown, Toronto.

Highly Recommended for Families
What We Love About This Home
  • •4 spacious bedroom layout offering versatile living space
  • •4 well-appointed bathrooms
  • •Desirable Detached architecture in Bedford Park-Nortown, Toronto
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Bedford Park-Nortown, Toronto.

Target Buyer Match

Key Features

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Bedrooms
4 Bedrooms
Bathrooms
4
Kitchens
1
Property Type
Residential Freehold

Additional Details

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StatusSold
Sold DateJune 14, 2024
Sold price information is available to members only
AddedJun 11, 2024 (887 days ago)
UpdatedJun 14, 2024 (884 days ago)
Last Checked19 minutes ago
Transaction TypeFor Sale

Property Details

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Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStone, Stucco (Plaster)
BasementFinished
Lot Size30 Ă— 107 Feet
CountyToronto
Annual Tax$9,967.46
Rental ItemsHot Water Tank, Alarm Monitoring.
Legal DescriptionPlan 23370 Pt Lt 124 North York as in TB982732

Parking & Garage

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Parking Total4.0
Parking Space2
Garage TypeBuilt-In

Heating & Cooling

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Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

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Property Features

None listed

Interior Features

  • Central Vacuum

Security Features

None listed

Community Features

None listed

Property History

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No historical data available for this property.

This could be the first listing for this address.

Toronto Homeowner & Seller AdvisoryVerified Sold Comp

What is your house worth in Toronto?

This property at 494 Melrose Avenue, Toronto, ON has closed. If you own a home on this street or nearby in Toronto, recent market trends and verified sold prices directly determine your home equity.

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Frequently Asked Questions about 494 Melrose Avenue, Toronto, ON

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Q.What is the asking price for 494 Melrose Avenue, Toronto, ON ?

The current listing price for 494 Melrose Avenue, Toronto, ON in Bedford Park-Nortown, Toronto is $2,649,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 4 bedrooms and 4 bathrooms.

Q.What property type and architectural style is 494 Melrose Avenue, Toronto, ON ?

494 Melrose Avenue, Toronto, ON is a Detached (2-Storey) featuring a Finished basement.

Q.What interior features are included in this home?

Interior highlights include: Central Vacuum.

Q.Is parking available at this property?

Yes, this property offers parking space for 4.0 vehicles (Built-In).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Location

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494 Melrose Avenue, Toronto, ON
Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Bedford Park-Nortown, Toronto

SAFETY RATING8.4 / 10
Low Incident Area
Total Annual Incidents363 incidents / yr
Average Per Month30.3 incidents / mo
Population Benchmark25,205 residents
Personal Safety
Moderate

75 assaults (298.1/100k)

Property Security
Elevated

99 B&E (393.4/100k)

Auto Theft Risk
Elevated

104 thefts (413.3/100k)

1-Year Trend
â–Ľ 27.7%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

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.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTA Police Network

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.

Pricing & Value Insights

Data-driven valuation for 494 Melrose Avenue, Toronto C04, ON M5M 2A2

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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.

Market Trend
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Bedford Park-Nortown, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Bedford Park-Nortown, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$2,804,767

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%

Best Schools in Bedford Park-Nortown, Toronto

Elementary Schools

John Wanless
PublicBrookdale Avenue, Toronto, Ontario, M5M 1P6
8.7
Bedford Park
PublicToronto, Ontario, M5M 1P6
9.3
Blessed Sacrament
Public24 Bedford Park Avenue, Toronto, Ontario, M5M 1H9
8.1
Northmount
PublicNorthmount Avenue, Toronto, Ontario, M3H 1M1
10.0
John Ross Robertson
Public130 Glengrove Avenue West, Toronto, Ontario, M4R 1P2
8.5

Secondary Schools

Lawrence Park
Public125 Chatsworth Drive, Toronto, Ontario, M4R 1S1
9.1
Loretto Abbey
Public101 Mason Boulevard, Toronto, Ontario, M5M 3E2
7.6
John Polanyi
Public640 Lawrence Avenue West, Toronto, Ontario, M6A 1B1
4.4
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4

Bedford Park-Nortown, Toronto Demographic Home information

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.

Recently Sold
$2,649,000

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