Detached House for sale at 498 Melrose Avenue, Toronto, Ontario, M5M 2A2 - Bedford Park-Nortown - MLS: C12792886

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498 Melrose Avenue

Toronto, Ontario, M5M 2A2 - Bedford Park-Nortown

$2,399,000

Virtual Tour

Neighbourhood

Bedford Park-Nortown
Major Intersection

Melrose / Ledbury

Listed Since: 1 day(s)
Last update: today

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Overview

Property Type

Detached, 2-Storey
Bedrooms

4
Bathrooms

4
Basement

Finished
Kitchen

1
Total Parking

3 (1 Built-In Garage)
Lot Size

30.03x107.14 (Feet)
Taxes

$12,080.47 (2025)
Type

Freehold

Property Description

Property description for 498 Melrose Avenue, Toronto

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.

Listed by REMAX YOUR COMMUNITY REALTY

Property details

MLS #

C12792886
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Private
Garage

Built-In, 1 spaces
Total Parking

3
Family Room

N
Den

N
Exterior

Brick
Fireplace

N
Roof

Shingles
Foundation

Unknown
Elevator

N
Water View

n/a
Laundry Level

Lower
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

Y

MLS #

C12792886
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Private
Garage

Built-In, 1 spaces
Total Parking

3
Family Room

N
Den

N
Exterior

Brick
Fireplace

N
Roof

Shingles
Foundation

Unknown
Elevator

N
Water View

n/a
Laundry Level

Lower
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

Y

Living

4.38 x 4.1 ft Main level

Combined W/Dining, hardwood floor, Pot Lights
Dining

5.2 x 4.26 ft Main level

Combined W/Living, hardwood floor
Kitchen

5.59 x 2.53 ft Main level

Marble Floor, Quartz Counter, Stainless Steel Appl
Breakfast

4.54 x 3.54 ft Main level

W/O To Deck
Primary

4.5 x 3.2 ft 2nd level

4 Pc Ensuite, W/I Closet, hardwood floor
2nd Br

4.06 x 2.93 ft 2nd level

hardwood floor, Closet, Ceiling Fan
3rd Br

4.44 x 2.93 ft 2nd level

hardwood floor, Closet, Ceiling Fan
4th Br

3.4 x 3.04 ft 2nd level

hardwood floor, Closet
Rec

19.3 x 19.11 ft Lower level

3 Pc Bath, hardwood floor, Pot Lights

Contact Manoj Kukreja

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

Open house for 498 Melrose Avenue, Toronto

Property History

Property history for 498 Melrose Avenue, Toronto

This property has been sold 1 time before. Create your free account to explore sold prices, detailed property history, and more insider data.

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

Active listings

Average Selling Price of a Detached

January 2026

$2,337,509

Last 3 Months

$2,655,728

Last 12 Months

$2,797,441

January 2025

$2,805,549

Last 3 Months LY

$2,725,450

Last 12 Months LY

$2,958,563

Change

-17%

Change

-3%

Change

-5%

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

Average Selling Price

3 years ago

$2,582,321

Average Selling Price

5 years ago

$2,855,430

Average Selling Price

10 years ago

$1,778,071

Change

-9%

Change

-18%

Change

31%

Number of Detached Sold

January 2026

Last 3 Months

Last 12 Months

January 2025

Last 3 Months LY

Last 12 Months LY

Change

-71%

Change

-29%

Change

-9%

Average Selling price

Inventory Graph

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Closing Cost Calculator

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Closing Cost Total for this property

Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

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.