11 days on Market

516 Melrose Ave, Toronto, Ontario M5M 2A2

Detached
4
4
~2000-2500 sqft
$2,700,000
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Detached
4
4
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,215/sqft

Est. Mortgage$11,595/mo

Tax Amount (2025)$12,148/yr

Days On Market11 days


Description

Welcome to Bedford Park Where Luxury Meets Lifestyle! Nestled in one of the most sought-after neighbourhoods, this exquisite home is ideally located between Ledbury & Falkirk, offering the perfect blend of tranquility & convenience. Just a short stroll from Avenue Road's vibrant shops & restaurants, Ledbury Park(outdoor pool & skating rink), top-rated schools, public transit, & Hwy 401. The location doesn't get better than this! Backyard Oasis - Step into your own private retreat! Enjoy sun-soaked summer days in the serene backyard featuring a sparkling inground pool w/hot tub. Entertain effortlessly with multiple seating areas, an awning/sunshade, & gas fireplace for cozy evenings under the stars. Elegant Interior- The main floor is filled with natural light, soaring ceilings, & hardwood floors throughout. Thoughtful touches included in this digital house include four zone Sonos speakers system with central amp letting you stream music anywhere in the home, pot lights, a welcoming living & dining area, a cozy family room with fireplace & walkout to the deck. The chefs kitchen is a true centerpiece with a large island perfect for entertaining. A stylish 2-pc powder room adds convenience on the main level. Second Floor - Skylights flood the space with sunlight. The primary suite is a luxurious retreat featuring walk-in closet with custom organizers, gas fireplace, & spa-inspired ensuite complete with separate steam shower & double-sink. Three additional bedrooms each offer built-in closet organizers & large sun-filled windows .Versatile Lower Level - The finished lower level includes a spacious rec room with gas fireplace, wall-to-wall built-in storage, beverage fridge, & laundry area. Direct walkout to the pool. Modern Comforts - Double-car garage with EV Tesla charger, Direct home access from garage, Generac generator for uninterrupted power. Don't miss the opportunity to own this exceptional home in one of Toronto's most desirable family-friendly communities.


Property Details

Style2-Storey
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size3,210 SqFt(107 x 30)
Parking Spaces4
MLS ®NumberC12202852
Community NameLedbury Park
Data SourceTRREB
Listing byREDFIN

Features

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

Main Floor

Living

4.39 x 4.09

hardwood floor / Window / Combined W/Dining

Dining

4.09 x 3.48

hardwood floor / Window / Combined W/Living

Kitchen

4.17 x 3.37

Centre Island / Granite Counter / Stainless Steel Appl

Family

4.65 x 3.3

hardwood floor / Gas Fireplace / O/Looks Backyard


Features

Lot size: 3,210 SqFt
Pool: Inground

Parking

Garage spaces 2

Garage type Built-In

Other parking spaces 2

Total parking spaces 4


Property History

Jun 6, 2025
ListedActive
$2,700,000
11 days on market
history photo preview43
Listing by trreb®
Property listed by REDFIN, Brokerage

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Market Data - Ledbury Park

Geo Zone Map ThumbnailLedbury Park

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

55 days

Compared to

2024

29 days

2023

7 days

2022

9 days

New Listings

Past 30 days

28 listings

Compared to

2024

27 listings

2023

31 listings

2022

37 listings

Units sold

Past 30 days

7 units

Compared to

2024

9 units

2023

15 units

2022

18 units

Median Sold Price

Past 30 days

$2,888,000

Compared to

2024

$2,840,018

2023

$3,175,000

2022

$2,626,009


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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget