41 days on Market

492 Melrose Ave, Toronto, Ontario M2M 2A2

Detached
4
4
~2000-2500 sqft
$2,488,000
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Detached
4
4
~2000-2500 sqft

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Highlights

Property Estimate

Days on market41 days

Estimated valueNot available

Price/Sqft$1,120/sqft

Monthly cost

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CMA Subject Property

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+3

Properties sold*

$3.8M

Median sold price*

*Based on last 30 days

Description

Beautiful family home in one of the most sought after streets in the highly coveted Ledbury Park neighbourhood. Enjoy this spacious and immaculate home flowing with Hardwood flooring throughout main level, and large principle living and dining rooms with picture windows and California shutters. Entertain from the spacious eat-in kitchen open to the warm family room with wood-burning fireplace and oversized deck. Second Floor Features Large Primary With Walk-In Closet And Recently Renovated Ensuite, W/ 2 Additional Sizable Bedrooms, Plus Converted 4th Bedroom Into Oversized 2nd Level Laundry room. Lower Level Has Spacious Rec Room With High Ceilings, large Washroom, With Access To 2 Car Below Grade Garage. Just steps to the best restaurants and shops, with distinguished schools and multiple parks, this loving and well-cared for home is ideal for any family and should not be missed.


Property Details

Style2-Storey
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size3,210 SqFt(107 x 30)
Parking Spaces4
MLS ®NumberC12244474
Community NameLedbury Park
Data SourceTRREB
Listing byFOREST HILL REAL ESTATE INC.

Features

Heating: Forced Air
Central Vacuum
Cooling: Central Air
Fireplace
Basement: Finished

Lower Floor

Laundry

3.33 x 1.71

Laundry Sink / B/I Shelves / Above Grade Window

Rec

5.89 x 9.76

Pot Lights / Broadloom / Above Grade Window


Features

Lot size: 3,210 SqFt

Parking

Garage spaces 2

Garage type Built-In

Other parking spaces 2

Total parking spaces 4


Property History

Jun 25, 2025
ListedActive
$2,488,000
41 days on market
history photo preview34
Listing by trreb®

Market Data - Ledbury Park

Geo Zone Map ThumbnailLedbury Park

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

24 days

Compared to

2024

32 days

2023

11 days

2022

19 days

New Listings

Past 30 days

21 listings

Compared to

2024

13 listings

2023

15 listings

2022

19 listings

Units sold

Past 30 days

12 units

Compared to

2024

3 units

2023

9 units

2022

1 unit

Median Sold Price

Past 30 days

$2,894,444

Compared to

2024

$3,800,000

2023

$2,851,000

2022

$4,050,000


Population and Demographics

Overview

Total population 15543
Average household income $271,582

Age (%)

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

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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget