Detached House for sale at 515 Melrose Avenue, Toronto, Bedford Park-Nortown, M5M 2A1 - MLS: C12140085

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515 Melrose Avenue

Toronto, Ontario, M5M 2A1

$3,298,000

Neighbourhood

Bedford Park-Nortown
Major Intersection

Avenue Rd/Lawrence

Listed Since: 24 day(s)
Last update: today

Overview

Property Type

Detached, 2-Storey
Bedrooms

4 + 2
Bathrooms

5
Basement

Fin W/O + Sep Entrance
Kitchen

1 + 1
Total Parking

6 (2 Built-In Garage)
Lot Size

107x40 (Feet)
Taxes

$9,463.00 (2024)
Type

Freehold

Property description for 515 Melrose Avenue, Toronto, Bedford Park-Nortown, M5M 2A1

Welcome to this beautifully designed residence in the heart of highly sought-after Bedford Park. Ideally located near Toronto's most prestigious private schools, trendy shops, banks, restaurants, and with easy access to highways and downtown, this home offers the perfect blend of lifestyle and convenience.Featuring a clean, modern aesthetic and a well-planned layout, this home provides around 3,250 sq ft of living space. The second floor offers 4 spacious bedrooms and a Miele equipped laundry room. The main level includes a sleek kitchen with premium Miele and Bosch appliances, ideal for both entertaining and everyday living. Built-in and thoughtfully designed storage is found throughout.The fully finished basement adds flexibility with 2 additional bedrooms, a second kitchen, its own laundry room, and a separate entrance perfect for extended family or guests. A walk-out to the backyard enhances accessibility and ease of use.Extensively updated in 2021, this home delivers a seamless combination of style, practicality, and functionality for modern family living.

Listed by MASTER`S TRUST REALTY INC.

Property details

MLS #

C12140085
Sq. Ft

2500-3000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

n/a
Garage

Built-In, 2 spaces
Total Parking

6
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Shingles
Foundation

Unknown
Elevator

n/a
Water View

n/a
Laundry Level

Upper
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

C12140085
Sq. Ft

2500-3000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

n/a
Garage

Built-In, 2 spaces
Total Parking

6
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Shingles
Foundation

Unknown
Elevator

n/a
Water View

n/a
Laundry Level

Upper
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

5.334 x 3.785 ft Main level

hardwood floor, Pot Lights, Large Window
Dining

3.53 x 4.42 ft Main level

hardwood floor, Pot Lights, Large Window
Kitchen

6.4 x 3.53 ft Main level

B/I Appliances, Breakfast Bar, Centre Island
Breakfast

6.4 x 3.53 ft Main level

Centre Island, Sliding Doors, O/Looks Backyard
Family

4.877 x 3.912 ft Main level

Electric Fireplace, Large Window, B/I Shelves
Primary

3.607 x 5.588 ft 2nd level

5 Pc Ensuite, Large Window, W/I Closet
2nd Br

4.648 x 3.302 ft 2nd level

4 Pc Ensuite, Large Window, Closet Organizers
3rd Br

3.251 x 3.683 ft 2nd level

hardwood floor, Window, 3 Pc Ensuite
4th Br

3.048 x 3.734 ft 2nd level

hardwood floor, Window, 3 Pc Ensuite
Living

4.572 x 4.75 ft Bsmt level

Pot Lights, Combined W/Kitchen, Sliding Doors
Kitchen

4.572 x 4.75 ft Bsmt level

Combined W/Living, Pot Lights, Sliding Doors
Br

2.439 x 3.937 ft Bsmt level

Window
2nd Br

3.658 x 2.667 ft Bsmt level

Window
Laundry

3.81 x 1.803 ft Bsmt level

Contact Manoj Kukreja

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

Property History for 515 Melrose Avenue, Toronto, Bedford Park-Nortown, M5M 2A1

This property has been sold 1 time before.

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Local Real Estate Price Trends

Active listings

Average Selling Price of a Detached

May 2025

$2,963,529

Last 3 Months

$3,086,969

Last 12 Months

$2,990,267

May 2024

$3,033,589

Last 3 Months LY

$2,912,354

Last 12 Months LY

$2,871,649

Change

-6%

Change

-4%

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

Average Selling Price

3 years ago

$2,678,262

Average Selling Price

5 years ago

$2,540,889

Average Selling Price

10 years ago

$1,929,897

Change

-10%

Change

-14%

Change

-35%

Number of Detached Sold

May 2025

Last 3 Months

Last 12 Months

May 2024

Last 3 Months LY

Last 12 Months LY

Change

21%

Change

10%

How many days Detached takes to sell (DOM)

May 2025

Last 3 Months

Last 12 Months

May 2024

Last 3 Months LY

Last 12 Months LY

Change

-22%

Change

-36%

Change

-35%

Average Selling price

Inventory Graph

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First time home buyer

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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.