547 Melrose Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Bedford Park-Nortown. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,980,000 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.
- 3 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 40 x 107 ft lot
- Features a separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free, Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 547 Melrose Ave, Spectacular fully renovated inside & out, with pulled permit and passed inspections, in the highly coveted neighborhood of Bedford park- Nortown. Hardwood flooring throughout the house. The open concept dining area flows Seamlessly in to a well equipped kitchen. stunning white designer Kitchen with featuring Built-in Pantry, Gas cooktop, Double door stacked oven, Custom made canopy hood, Island for casual dining with skylight that baths the space in natural light, over looking the lush and private backyard. Finish basement with separate entrance extends your living space with a recreation room ,additional kitchen, a convenient laundry room and 3 piece bathroom. This property includes a single car garage with additional parking space for several more vehicles. Easy access to parks, schools, shops , restaurants, Subway, TTC and 401 highway. Experience an exceptional opportunity to live on a prime stretch of Melrose Ave.
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Property Summary
This detached home located at 547 Melrose Avenue, Toronto is currently for sale and has been available on SousaSells for 14 days. This property is listed at $1,980,000 with an estimated mortgage of $6,591* per month. It has 3 beds, 3 bathrooms, and is 1100-1500 square feet. 547 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 3 bathrooms, this home offers ample space and comfort for growing families in Bedford Park-Nortown, Toronto.
- •3 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
- Water Heater
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 547 Melrose Avenue, Toronto, ON
Q.What is the asking price for 547 Melrose Avenue, Toronto, ON ?
The current listing price for 547 Melrose Avenue, Toronto, ON in Bedford Park-Nortown, Toronto is $1,980,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 3 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 547 Melrose Avenue, Toronto, ON ?
547 Melrose Avenue, Toronto, ON is a Detached (2-Storey) featuring a Separate Entrance basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, Water Heater.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 547 Melrose Avenue, Toronto, ON M5M 2A4
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 $1,980,000 in Toronto, the legal minimum down payment is $396,000 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 $36,075 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $36,075 also applies, bringing the total estimated land transfer taxes to $72,150.
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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.