Detached House for sale at 262 Melrose Street, Toronto, Ontario, M8Z 1G6 - Mimico - MLS: W13670212

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262 Melrose Street

Toronto, Ontario, M8Z 1G6 - Mimico

$819,000

Virtual Tour

Neighbourhood

Mimico
Major Intersection

Royal York & The Queensway

Listed Since: 5 day(s)
Last update: 4 day(s) ago

Virtual Tour

Overview

Property Type

Detached, 1 1/2 Storey
Bedrooms

2
Bathrooms

1
Basement

Unfinished
Kitchen

1
Total Parking

2
Lot Size

25x125 (Feet)
Taxes

$3,867.25 (2026)
Type

Freehold

Property Description

Property description for 262 Melrose Street, Toronto

Attention builders, investors, renovators, and first-time buyers. Welcome to this charming two-bedroom home in the heart of sought-after Mimico, in South Etobicoke. Set on a generous deep lot, this well-maintained property offered as is, presents fantastic potential to renovate or expand. Inside, enjoy a sun-filled main level, new flooring throughout, fresh paint, and a separate side entrance with excellent potential for future rental income or an in-law suite. Step outside to a spacious backyard, perfect for entertaining, gardening, or future expansion. Ideally located just minutes from the lake, waterfront trails, Mimico GO Station, Highway 427, the QEW, excellent schools, cafés, restaurants, shops, The Queensway, and Sherway Gardens. A rare opportunity to secure a prime piece of real estate with exceptional lifestyle and long-term value.

Listed by RE/MAX PROFESSIONALS INC.

Property details

MLS #

W13670212
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

n/a
Garage

None
Total Parking

2
Family Room

N
Den

N
Exterior

Alum Siding
Fireplace

N
Roof

Asphalt Shingle
Foundation

Brick
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

N

MLS #

W13670212
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

n/a
Garage

None
Total Parking

2
Family Room

N
Den

N
Exterior

Alum Siding
Fireplace

N
Roof

Asphalt Shingle
Foundation

Brick
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

N

Foyer

2.16 x 1.4 ft Main level
Kitchen

2.84 x 2.77 ft Main level
Dining

3.61 x 2.87 ft Main level
Living

4.29 x 3.45 ft Main level
Mudroom

2.46 x 2.36 ft Main level
Primary

3.43 x 3.12 ft 2nd level
2nd Br

3.12 x 2.74 ft 2nd level
Utility

7.14 x 5.74 ft Lower level
Other

2.77 x 1.55 ft Lower level

Contact Manoj Kukreja

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

Local Real Estate Price Trends for Detached in Mimico

Active listings

Average Selling Price of a Detached

July 2026

$1,377,250

Last 3 Months

$1,292,135

Last 12 Months

$1,148,394

July 2025

$1,275,625

Last 3 Months LY

$1,235,064

Last 12 Months LY

$1,397,299

Change

-18%

Historical Average Selling Price of a Detached in Mimico

Average Selling Price

3 years ago

$1,406,349

Average Selling Price

5 years ago

$1,273,960

Average Selling Price

10 years ago

$635,750

Change

-2%

Change

117%

Average Selling price

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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.