62 days on Market

403 Melrose Ave, Toronto, Ontario M5M 1Z6

Detached
3
3
- sqft
$2,199,000
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Detached
3
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$9,444/mo

Tax Amount (2024)$8,648/yr

Days On Market62 days


Description

Discover an Incredible Opportunity to Own This Charming Detached Bungalow located in highly sought after Avenue & Lawrence Area. Nestled on an Expansive 35 x 150 ft Lot with Double Driveway and Garage, This Home Boasts 3 Generous Bedrooms, Hardwood Floors, Large Picture Windows That Let In Lots of Natural Light, Eat in Kitchen, Wonderful Open Concept Living & Dining Room and A Fantastic Entertainment Area. Primary Bedroom with Hardwood Floors, 2 pc Ensuite, and Double closet. Lower Level Walks Out To to South Facing Private Tranquil Garden. Recreation room with Walk Out to Yard, Gas Fireplace and Tile Floors. Renovated Eat in Kitchen with Stainless Steel Appliances, Dining Area Could Be Converted to a Guest Suite, Laundry Room with Full Size Washer & Dryer, Side Entrance and Front Entrance to this Special Home. So Many Opportunities and Options. Perfect for Senior & Caregiver. Opportunity to Build Your Dream Home in A Prestigious Neighbourhood. Or Up Size from your Semi or Detached Home. Walking Distance to Avenue Rd Fine Dining, Shops and TTC. Mins From 401, Don Valley Golf Course & Private Clubs. The Property is Located Near Fantastic Public & Private Schools.


Property Details

StyleBungalow
View-
Age of property-
SqFt-
Lot Size5,250 SqFt(150 x 35)
Parking Spaces4
MLS ®NumberC9505532
Community NameLedbury Park
Data SourceTRREB
Listing byMCCANN REALTY GROUP LTD.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Fin W/O

Main Floor

Living

3.80 x 5.00

Hardwood Floor / Picture Window

Dining

3.80 x 3.95

Hardwood Floor / Window

Kitchen

2.73 x 3.12

Laminate / Window

Breakfast

2.73 x 3.15

Laminate / Picture Window


Features

Lot size: 5,250 SqFt

Parking

Garage spaces 2

Garage type Built-In

Other parking spaces 2

Total parking spaces 4


Property listed by MCCANN REALTY GROUP LTD., Brokerage

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Market Data - Ledbury Park

Strong Buyer's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

49 days

Compared to

2023

41 days

2022

19 days

2021

14 days

New Listings

Past 30 days

20 listings

Compared to

2023

19 listings

2022

7 listings

2021

7 listings

Units sold

Past 30 days

1 unit

Compared to

2023

4 units

2022

4 units

2021

4 units

Median Sold Price

Past 30 days

$2,080,000

Compared to

2023

$2,340,000

2022

$3,132,500

2021

$3,387,500


Population and Demographics

Overview

Total population 15543
Average household income $271,582

Age (%)

0 to 19
27%
50 to 64
21%
35 to 49
20%
65 and plus
18%
20 to 34
15%

Household composition (%)

Single family
68%
Single person
29%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
78%
Tagalog (Pilipino, Filipino)
6%
Others
3%
Mandarin
2%
Spanish
2%
Iranian Persian
1%
Russian
1%
Yue (Cantonese)
1%
Italian
1%

House tenancy (%)

Owners
66%
Renters
34%

Schools and amenities

Estimated Budget