2 days on Market

478 Melrose Ave, Toronto, Ontario M5M 1Z9

$2,349,999
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Detached
3 + 1
5
~2500-3000 sqft

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Highlights

Estimated Value$2,974,000*

Price/Sqft$861/sqft

Est. Mortgage$10,092/mth

Tax Amount (2024)$12,453/yr

Days On Market2 days

*Last updated on: 24/10/16

Description

Welcome to 478 Melrose Ave, a truly remarkable home in one of Torontos most desirable neighborhoods. This 3+1 bedroom, 5-bathroom residence combines luxury and modern design, offering an exceptional living experience for families and discerning buyers alike. Step inside to find spacious, light-filled interiors, highlighted by elegant finishes and thoughtful details.The open-concept main floor features a chefs kitchen with top-of-the-line stainless steel appliances, including a professional wall oven, a convection microwave, built-in refrigerator, and high-efficiency dishwasher. Custom cabinetry and a large central island make this space ideal for entertaining and everyday use. The living and dining areas flow seamlessly, creating a perfect environment for gatherings with a gas fireplace, while large windows and skylights fill the home with natural light.Upstairs, the three well-appointed bedrooms offer plenty of space and privacy. The primary suite is a luxurious retreat, featuring a walk-in closet and a spa-like ensuite bathroom with double vanities and a glass-enclosed shower. Each additional bedroom is generously sized, perfect for children or guests.A standout feature of this property is the beautifully designed in-law suite in the fully finished basement. With a separate entrance, its own kitchenette, and a full bathroom, this space is ideal for extended family, guests, or even as a rental opportunity. The flexibility of this suite makes it a valuable addition, offering potential income or extra space for larger families.Outside, the property boasts three convenient parking spacesa rare find in the city. The exterior is just as inviting, with a beautifully landscaped yard and a cozy outdoor area, perfect for summer barbecues or relaxing evenings.This home also includes top-end washer and dryer units, adding to its modern amenities.


Property Details

Style2-Storey
View-
Age of property6-15
SqFt~2500-3000 SqFt
Lot Size2,914 SqFt(112.25 x 25.96)
Parking Spaces3
MLS ®NumberC9397212
Community NameLedbury Park
Data SourceTRREB

Features

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

Main Floor

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

Dining

6.35 x 3.56

Hardwood Floor / Open Concept

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 History

Now
ListedFor Salefor$2,349,999Active
2 days on market
Listing by trreb®
history photo preview38
Oct 15, 2024
ListedFor Salefor$2,349,999Terminated
Stayed 19 days on market
Listing by trreb®
history photo preview39
Jun 5, 2023
ListedFor Salefor$2,088,000Sold for$•••,•••
Stayed 6 days on market
Listing by trreb®
history photo preview39
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Property listed by REAL ESTATE HOMEWARD, Brokerage

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Comparable Sales

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477 Douglas Ave, Toronto
••••••••• sq ft
Listed by HARVEY KALLES REAL ESTATE LTD.
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Sold for $•••,•••
126 Homewood Ave, Toronto
••••••••• sq ft
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Sold for $•••,•••
45 Wedgewood Dr, Toronto
••••••••• sq ft
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Market DataFor the past 30 days in Ledbury Park

Median Selling Price

$2,600,000

107.17% more than GTA:

$1,255,000

Median Bidding

Underbidding - Trending to buyer market

-$149,000

GTA median: -$26,000

Median Number of Sales

12 sales

2873 sales less than GTA:

2885 sales

Median Number of Days on Market

45 days

28 days more than GTA:

17 days

Want more insights?Visit the Market Pulse


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