Reel thumbnail
12 days on Market

404 Melrose St, Toronto, Ontario M8Z 1H1

Detached
4 + 2
5
~2500-3000 sqft
$2,498,800
Get pre-qualifiedPowered by Neo Mortgage
Buy with Wahi to get
Up to
$24,988Cashback
Detached
4 + 2
5
~2500-3000 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$916/sqft

Est. Mortgage$10,731/mo

Tax Amount (2024)$4,571/yr

Days On Market12 days


Description

Welcome to 404 Melrose, an exceptional custom-built residence offering modern luxury and thoughtful design in the heart of Mimico. Built with meticulous attention to detail, features a striking modern exterior with a combination of brick, stone, and Aluminium Composite Material. The home is designed with energy efficiency and comfort in mind, including spray insulation and high-performance double-glazed windows. An entertainer's haven with indoor and outdoor speakers, and a modern kitchen with modern appliances.Inside, the home boasts an open-concept floor plan with soaring ceilings and elegant finishes throughout. The modern kitchen is crafted with modern appliances, custom millwork, waterfall countertops, and a spacious island, ideal for entertaining. The foyer features a large feature wall, multi-point door for additional security and lots of natural light. The dining room features include a coffered ceiling with cove lighting, modern archway lighting and speakers. Wide engineered hardwood flooring throughout, and luxurious tiles make every room feel like a high-end hotel. The master ensuite is a spa-like oasis, featuring a smart toilet, heated floors, soaker tub, and sleek gold Riobel fixtures. Additional highlights include a gas fireplace on the main floor, and built-in millwork in closets and key living spaces. The garage contains an EV charger rough-in ready for your vehicle. The finished legal basement suite includes two bedrooms, one washroom, kitchen with quartz countertops and ample living space. Thoughtfully designed for both comfort and function, this home is perfect for those seeking high-end living in an established Toronto neighborhood.


Upcoming Open House

Mar 16Sun2:00 PM - 4:00 PM

Property Details

Style2-Storey
View-
Age of propertyNew
SqFt~2500-3000 SqFt
Lot Size5,000 SqFt(125 x 40)
Parking Spaces2
MLS ®NumberW12003483
Community NameMimico
Data SourceTRREB
Listing byRE/MAX REAL ESTATE CENTRE INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Sep Entrance, Apartment

2nd Floor

Primary

5.35 x 4.89

hardwood floor / W/I Closet / 5 Pc Ensuite

3rd Br

3.99 x 3.92

hardwood floor / Semi Ensuite / Large Window

2nd Br

3.99 x 3.25

hardwood floor / Semi Ensuite / Closet

4th Br

4.2 x 3.57

hardwood floor / 4 Pc Ensuite / Large Window


Features

Lot size: 5,000 SqFt

Parking

Garage spaces 1

Garage type Built-In

Other parking spaces 1

Total parking spaces 2


Property History

Mar 4, 2025
ListedActive
$2,498,800
12 days on market
history photo preview40
Listing by trreb®
Property listed by RE/MAX REAL ESTATE CENTRE INC., Brokerage

Get up to 1% cashback when you buy your dream home with Wahi Cashback

Cashback Banner Image

A new way to buy a home that puts cash back in your pocket.

  • Our in-house Realtors do more deals and bring that negotiating power into your corner
  • We leverage technology to get you more insights, move faster and simplify the process
  • Our digital business model means we pass the savings onto you, with up to 1% cashback on the purchase of your home

Market Data - Mimico

Geo Zone Map ThumbnailMimico

Balanced Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

35 days

Compared to

2024

22 days

2023

38 days

2022

10 days

New Listings

Past 30 days

37 listings

Compared to

2024

20 listings

2023

22 listings

2022

10 listings

Units sold

Past 30 days

11 units

Compared to

2024

13 units

2023

17 units

2022

18 units

Median Sold Price

Past 30 days

$1,527,500

Compared to

2024

$1,130,000

2023

$1,160,000

2022

$1,517,500


Population and Demographics

Overview

Total population 25277
Average household income $124,271

Age (%)

35 to 49
23%
20 to 34
23%
50 to 64
20%
0 to 19
18%
65 and plus
16%

Household composition (%)

Single family
51%
Single person
41%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
71%
Polish
5%
Spanish
4%
Tibetan
3%
Tagalog (Pilipino, Filipino)
3%
Others
2%
Portuguese
2%
Russian
2%
Ukrainian
2%
French
1%

House tenancy (%)

Renters
58%
Owners
42%

Schools and amenities

Estimated Budget