22 days on Market

478 Melrose Ave, Toronto, Ontario M5M 1Z9

Detached
3 + 1
5
~2000-2500 sqft
$2,349,999
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Detached
3 + 1
5
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,057/sqft

Est. Mortgage$10,092/mo

Tax Amount (2024)$12,453/yr

Days On Market22 days


Description

Welcome to 478 Melrose Avenue, a unique and stunning family home that offers the perfect balance of elegance, comfort, and functionality. Located in one of Torontos most desirable neighborhoods, this property is a rare gem that caters to families, professionals, and investors alike.Step inside and be greeted by expansive living spaces that are perfect for family gatherings and entertaining. The open-concept layout flows seamlessly, creating a welcoming atmosphere enhanced by abundant natural light streaming through large windows and thoughtfully placed skylights. Every room is bright, airy, and designed to maximize comfort and style.The home features five well-appointed bathrooms, ensuring convenience for larger families or guests. Each space has been carefully crafted to provide a sense of luxury while maintaining practicality for day-to-day living.One of the standout features of this property is the versatile basement, which comes with its own separate entrance. This space offers endless possibilities, whether you envision it as a rental apartment, in-law suite, or a private retreat for extended family. The flexibility of this feature makes the home ideal for those seeking additional income potential or multi-generational living.In a city where parking is a premium, this property offers a rare three-car parking solution, ensuring convenience and peace of mind. Whether you have multiple vehicles or frequently host guests, youll never need to worry about finding space.Situated on a quiet, family-friendly street, 478 Melrose Ave provides easy access to top-rated schools, boutique shops, gourmet dining, and green spaces. Public transit and major highways are also nearby, making commuting a breeze while keeping the vibrancy of the city within reach.This home truly has it all: a prime location, stunning natural light, spacious interiors, and endless potential. Don't miss this opportunity to own a property that checks every box!


Property Details

Style2-Storey
View-
Age of property6-15
SqFt~2000-2500 SqFt
Lot Size2,914 SqFt(112.25 x 25.96)
Parking Spaces3
MLS ®NumberC11902462
Community NameLedbury Park
Data SourceTRREB
Listing byREAL ESTATE HOMEWARD

Features

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

Main Floor

Dining

6.35 x 3.56

Hardwood Floor / Open Concept

Kitchen

3.52 x 3.99

Breakfast Area / Hardwood Floor / B/I Appliances

Living

4.64 x 3.94

Hardwood Floor / Recessed Lights / Picture Window

Family

3.64 x 4.04

Hardwood Floor / Gas Fireplace / W/O To Patio


Features

Lot size: 2,914 SqFt

Parking

Garage spaces 2

Garage type Carport

Other parking spaces 1

Total parking spaces 3


Property listed by REAL ESTATE HOMEWARD, Brokerage

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Market Data - Ledbury Park

Geo Zone Map ThumbnailLedbury Park

Buyer's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

52 days

Compared to

2024

49 days

2023

9 days

2022

9 days

New Listings

Past 30 days

16 listings

Compared to

2024

14 listings

2023

10 listings

2022

8 listings

Units sold

Past 30 days

3 units

Compared to

2024

3 units

2023

2 units

2022

2 units

Median Sold Price

Past 30 days

$2,670,000

Compared to

2024

$2,950,000

2023

$3,062,500

2022

$3,249,500


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