116a Melrose Street, Toronto
Welcome to 116A Melrose St in the heart of highly desirable Mimico! A wonderful canvas awaiting your personal style! This home offers a solid layout and great bones, ready for you to bring your own design ideas, updates, and custom finishes. Featuring 3+1 bedrooms, 3 bathrooms, and a partly finished basement with walk out, this property is packed with potential. The main levels offer 3 bedrooms and generous storage space throughout. The lower level features direct walk out access, along with a 4th bedroom and a full bathroom, ideal for a guest space, home office, or potential secondary suite. Unbeatable location on a quiet street just minutes from the Mimico GO Station, Lake Ontario waterfront trails, top rated schools, and quick highway access to Downtown Toronto. Property requires some updates and is priced accordingly. An extraordinary chance for renovators, investors, or end-users to build massive equity in South Etobicoke! (id:1945)
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Property details for 116a Melrose Street, Toronto
- Type
- Residential
- Bedrooms
- 3
- Bathrooms
- 2
- Lot Size
- 25 x 33 FT
- Stories
- 2
- Basement
- Partially finished, N/A
- Parking
- Garage
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Exterior
- Brick
- Ownership
- Freehold
- Annual Taxes
- $4,467
Nearby Listings Stat
Estimated price and comparable properties near 116a Melrose Street
Active Listings
49
Min Price
$529,000
Max Price
$1,725,000
Avg Price
$889,304
Days on Market
47
days
Sold Listings
28
Min Sold Price
$529,000
Max Sold Price
$1,690,000
Avg Sold Price
$993,489
Days until Sold
51
days
Neighbourhood Census Data
Toronto, Ontario
Population
391
Median Age
41.8
Median Income
$31,936
Dwelling Value
$601,390
Housing Tenure
Owners 55%
Renters 41%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.3
Pop. Density: 4,499.4/km²
Avg Shelter Cost: $1,654/mo
Owners with Mortgage: 52.9%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 41.7%
English only: 92.3%
English and French: 5.1%
Neither: 1.3%
Median Household Income: $66,176
Median Employment Income: $38,656
Price History
Listed
October 22, 2026
by ROYAL LEPAGE SIGNATURE REALTY
Current Price
$999,116
Type
Residential
For Sale