A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 414 Melrose St, Toronto Ontario M8Z 1H1
9 days on Market

414 Melrose St, Toronto, Ontario M8Z 1H1

Detached
2 + 2
2
- sqft
$1,188,888
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Detached
2 + 2
2
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$5,106/mo

Tax Amount (2024)$4,363/yr

Days On Market9 days


Description

FANTASTIC LAND VALUE! Built in 1948, this bungalow is in its ORIGINAL condition, presenting a blank canvas for renovation or excellent redevelopment potential on a valuable 40 x 120 ft corner lot. Located in the Heart of South Etobicoke with easy access to QEW, TTC and Mimico GO Station, mere minutes from Sherway Gardens Mall, Lakeshore, Ourland Community Center and local gems like the renowned San Remo Bakery. Walking Distance to Swimming Pools, Skating Rinks, Waterfront Trails, Parks, Schools, Restaurants and Plenty of Cafes.


Property Details

StyleBungalow
View-
Age of property51-99
SqFt-
Lot Size4,800 SqFt(120 x 40)
Parking Spaces2
MLS ®NumberW11891441
Community NameMimico
Data SourceTRREB
Listing byEXP REALTY

Features

Heating: Forced Air
Basement: Part Fin, Sep Entrance

Bsmt Floor

3rd Br

2.12 x 2.76

B/I Closet / Broadloom

Kitchen

5.00 x 2.76

Eat-In Kitchen / Ceramic Floor

Br

3.58 x 2.76

B/I Closet / Broadloom


Features

Lot size: 4,800 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 1

Total parking spaces 2


Property listed by EXP REALTY, Brokerage

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Market Data - Mimico

Balanced Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

22 days

Compared to

2023

16 days

2022

27 days

2021

15 days

New Listings

Past 30 days

34 listings

Compared to

2023

22 listings

2022

25 listings

2021

4 listings

Units sold

Past 30 days

9 units

Compared to

2023

8 units

2022

17 units

2021

13 units

Median Sold Price

Past 30 days

$1,185,000

Compared to

2023

$1,092,500

2022

$965,000

2021

$1,470,590


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