Open: Sat, 2PM to 4PM
Home with brick exterior material, street for 498 Melrose Ave, Toronto Ontario M5M 2A2
2 days on Market

498 Melrose Ave, Toronto, Ontario M5M 2A2

Detached
4
4
~2000-2500 sqft
$2,399,000
Get pre-qualifiedPowered by nesto
Detached
4
4
~2000-2500 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$1,079/sqft

Monthly cost

Open Calculator

Description

Welcome to 498 Melrose Avenue, a beautifully newer built (2017) home offering the perfect blend of comfort, style, and functionality in a sought-after family neighbourhood. Thoughtfully designed, this inviting residence features bright, spacious principal rooms ideal for both everyday living and entertaining. A welcoming entry leads to a sun-filled living and dining area, perfect for gathering with family and friends. The modern kitchen features ample cabinetry, top-of-the-line stainless steel appliances, quartz countertops, marble floors, and a functional layout seamlessly connected to the main living spaces, creating a natural hub for daily life. Hardwood floors and large windows throughout fill the home with natural light, enhancing its warm and inviting atmosphere. Step outside to enjoy a private backyard, perfect for summer entertaining, gardening, or relaxing outdoors. The upper level offers four well-proportioned bedrooms, including a spacious primary retreat providing a peaceful space to unwind. Additional bedrooms offer flexibility for growing families, guests, or home office needs. The finished lower level, complete with a 3-piece bath, expands the living space and is ideal for a recreation room, media area, gym, or playroom. Conveniently located close to parks, schools, shopping, transit, and everyday amenities, this move-in-ready home offers exceptional comfort and convenience in a welcoming community - an excellent opportunity for families seeking a fantastic place to call home.


Upcoming Open Houses

Feb 21Sat2:00 PM - 4:00 PM
Feb 22Sun2:00 PM - 4:00 PM

Property Details

Style2-Storey
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size3,217 SqFt(107.14 x 30.03)
Parking Spaces3
MLS ®NumberC12792886
Community NameLedbury Park
Data SourceTRREB
Listing byREMAX YOUR COMMUNITY REALTY

Features

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

Main Floor

Living

4.38 x 4.1

Combined W/Dining / hardwood floor / Pot Lights

Dining

5.2 x 4.26

Combined W/Living / hardwood floor

Kitchen

5.59 x 2.53

Marble Floor / Quartz Counter / Stainless Steel Appl

Breakfast

4.54 x 3.54

W/O To Deck


Features

Lot size: 3,217 SqFt

Parking

Garage spaces 1

Garage type Built-In

Other parking spaces 2

Total parking spaces 3


Property History

Feb 17, 2026
ListedActive
$2,399,000
2 days on market
history photo preview50
Listing by trreb®
Property listed by REMAX YOUR COMMUNITY REALTY, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Ledbury Park

Geo Zone Map ThumbnailLedbury Park

Strong Buyer'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

33 days

Compared to

2025

29 days

2024

45 days

2023

8 days

New Listings

Past 30 days

12 listings

Compared to

2025

21 listings

2024

15 listings

2023

14 listings

Units sold

Past 30 days

2 units

Compared to

2025

5 units

2024

3 units

2023

4 units

Median Sold Price

Past 30 days

$2,337,509

Compared to

2025

$3,213,840

2024

$2,950,000

2023

$3,037,500


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