Detached House for sale at 401 Melrose Avenue, Toronto, Ontario, M5M 1Z6 - Bedford Park-Nortown - MLS: C12833376

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401 Melrose Avenue

Toronto, Ontario, M5M 1Z6 - Bedford Park-Nortown

$1,890,000

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Neighbourhood

Bedford Park-Nortown
Major Intersection

Avenue & Lawrence

Listed Since: 2 day(s)
Last update: 1 day(s) ago

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Overview

Property Type

Detached, Bungalow-Raised
Bedrooms

3 + 1
Bathrooms

3
Basement

Fin W/O + Sep Entrance
Kitchen

1 + 1
Total Parking

6 (2 Built-In Garage)
Lot Size

35.41x150.32 (Feet)
Taxes

$9,026.42 (2025)
Type

Freehold

Property Description

Property description for 401 Melrose Avenue, Toronto

Surrounded by beautiful custom homes, this well-maintained 3 bedroom raised bungalow presents a rare opportunity to secure space, setting, and future architectural potential in established Bedford Park. Located in the highly coveted neighbourhood of Avenue Road & Lawrence, this property sits on a premium 35 x 150 ft south-facing deep lot, offering exceptional lifestyle, flexibility, and future vision in one of Toronto's most sought-after family-friendly communities. Set along tree-lined streets in a walkable neighbourhood close to top-ranked public and private schools, this is a location that continues to define & retain value. The main level features approximately 1,515 sq ft with three generous sized bedrooms, hardwood flooring, bright open living and dining areas, and two bathrooms including a convenient 2-piece ensuite. Large picture windows fill the home with natural light, creating a warm and inviting space ideal for everyday living and entertaining. A rare built-in double car garage with ample driveway parking for 6 cars add ultra convenience & storage. The finished walk-out basement with separate entrance offers outstanding versatility, complete with an eat-in kitchen, 3 piece washroom, recreation space & fireplace with potential for multi-generational living, caregivers, or in-law suite. Endless possibilities**Move in and enjoy as-is, renovate, or explore the property's expansion and modernization potential. The rare 35 ft frontage and substantial depth provide an ideal foundation for a custom architectural transformation or second-storey addition. **A conceptual front façade rendering photo included for illustration purposes only, showcasing how the existing footprint could be elevated into a modern two-storey design (subject to approvals)**. Unparalled location, steps to Avenue Road's renowned restaurants, shops, top schools, transit, minutes to Hwy 401, Don Valley Golf Course, and premier private clubs. Survey Available!

Listed by REMAX YOUR COMMUNITY REALTY

Property details

MLS #

C12833376
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Pvt Double
Garage

Built-In, 2 spaces
Total Parking

6
Family Room

N
Den

N
Exterior

Brick
Fireplace

Y
Roof

Asphalt Shingle, Shingles
Foundation

Unknown
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

Y

MLS #

C12833376
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Pvt Double
Garage

Built-In, 2 spaces
Total Parking

6
Family Room

N
Den

N
Exterior

Brick
Fireplace

Y
Roof

Asphalt Shingle, Shingles
Foundation

Unknown
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

Y

Living

5.03 x 3.8 ft Main level

hardwood floor, Picture Window, O/Looks Dining
Dining

3.92 x 3.8 ft Main level

hardwood floor, Window, O/Looks Living
Kitchen

3.1 x 2.7 ft Main level

Double Sink, Backsplash, Window
Breakfast

3.15 x 2.7 ft Main level

Ceramic Floor, Window
Primary

4.25 x 3.81 ft Main level

hardwood floor, 2 Pc Bath, Double Closet
2nd Br

3.9 x 3.3 ft Main level

hardwood floor, Window, Closet
3rd Br

3.8 x 2.7 ft Main level

hardwood floor, Window, Closet
Kitchen

3.98 x 3.75 ft Bsmt level

Ceramic Floor, Eat-In Kitchen, Double Sink
Dining

3.7 x 3.5 ft Bsmt level

Window
Rec

7.6 x 4.0 ft Bsmt level

W/O To Garden, Fireplace
Utility

3.97 x 3.9 ft Bsmt level

Ceramic Floor, Laundry Sink, Window
Cold/Cant

2.66 x 2.02 ft Bsmt level

Ceramic Floor

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Local Real Estate Price Trends for Detached in Bedford Park-Nortown

Active listings

Average Selling Price of a Detached

February 2026

$2,919,091

Last 3 Months

$2,739,467

Last 12 Months

$2,824,565

February 2025

$2,593,600

Last 3 Months LY

$2,787,316

Last 12 Months LY

$2,946,613

Change

13%

Change

-2%

Change

-4%

Historical Average Selling Price of a Detached in Bedford Park-Nortown

Average Selling Price

3 years ago

$2,743,016

Average Selling Price

5 years ago

$2,612,014

Average Selling Price

10 years ago

$2,193,172

Change

12%

Change

33%

Average Selling price

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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