$ 1,489,500

247 Melrose Avenue, Toronto

A home with beautiful character, room to grow, and tremendous potential - in a location that is hard to beat. This special home offers the kind of architectural character that is increasingly difficult to find, along with the opportunity to update and make it truly your own. The main floor is filled with beautiful details, including a beamed ceiling in the dining room, elegant beveled-glass doors opening to the living room, and gorgeous newer hardwood floors. The large, bright family room offers plenty of space for family life or entertaining. With its wonderful original details and spacious layout, the home provides an inspiring foundation for a thoughtful renovation. The kitchen, bathroom and mechanical systems are ready for updating, giving the next owner the opportunity to modernize the essentials while preserving the character and charm that make this home distinctive. The basement adds significant flexibility, with abundant storage and a partially finished room formerly used as a sewing workshop - ideal for hobbies, a home office, workshop or additional recreation. An existing additional WC presents an excellent opportunity to be converted into a second full bathroom. And then there is the location: steps from Avenue Road and just minutes from Yonge Street, with an exceptional selection of boutique shops, restaurants, cafés, grocery stores and everyday conveniences all close at hand. Parking is another welcome advantage, with a legally widened driveway accommodating one car, plus the mutual drive providing access to the rear, where a small car can also be parked. A character-filled home with beautiful architectural details, generous living space, abundant storage and exciting potential - all in a truly fabulous, walkable location. (id:1945)
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Property details for 247 Melrose Avenue, Toronto

Type
Residential
Bedrooms
3
Bathrooms
2
Lot Size
25.1 x 110.1 FT
Stories
2
Basement
Partially finished, N/A
Parking
Detached Garage, Garage
Heating
Natural gas
Cooling
Central air conditioning
Exterior
Brick
Ownership
Freehold
Annual Taxes
$7,511

Nearby Listings Stat

Estimated price and comparable properties near 247 Melrose Avenue

Active Listings
35
Min Price
$499,999
Max Price
$1,999,500
Avg Price
$1,008,774
Days on Market
46
days
Sold Listings
23
Min Sold Price
$488,000
Max Sold Price
$1,899,999
Avg Sold Price
$1,026,800
Days until Sold
46
days

Neighbourhood Census Data

Toronto, Ontario

Population
397
Median Age
40.1
Median Income
$78,080
Dwelling Value
$1,252,241

Housing Tenure

Owners 100%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 3
Pop. Density: 5,687.7/km²
Avg Shelter Cost: $2,264/mo
Owners with Mortgage: 56%
Owners Spending 30%+: 16%
Tenants Spending 30%+: 0%
English only: 87.3%
English and French: 13.9%
Median Household Income: $187,392
Median Employment Income: $89,728

Price History

Listed
September 16, 2026
by BOSLEY REAL ESTATE LTD.
Current Price
$1,489,500
Type
Residential
For Sale
247 Melrose Avenue

Contact Agent Get in touch about 247 Melrose Avenue, Toronto

SHAWNA FLETCHER
SHAWNA FLETCHER
BOSLEY REAL ESTATE LTD.