247 Melrose Avenue
Toronto C04, ON
- 3 bed
- 2 bath
- approx. 1100-1500 sqft
- Detached
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.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $7,511
- Listed
- September 16, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Block
- Interior
- Carpet Free, Floor Drain
- Lot Size
- 25.1 x 110.1 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 0
- Total Parking
- 2
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Lawrence and Avenue
- Parcel Number
- 103490287
- Possession
- Flexible
- Occupancy
- Partial
Included
- Inclusions
- 2 Fridges, 2 Stoves, Washer and Dryer, GB&E, Boiler, CAC
- Rental Items
- HWT $21/MONTH
Schools
Elementary
- John Wanless Junior Public School0.3 km
Public · Toronto DSB · 600 students
Grade 3 reading: 93% met the provincial standard · Grade 6 math: 79% met the provincial standard
- Bannockburn Public School0.7 km
Public · Toronto DSB · 55 students
- Blessed Sacrament Catholic School1 km
Catholic · Toronto CDSB · 410 students
Grade 3 reading: 85% met the provincial standard · Grade 6 math: 67% met the provincial standard
Secondary
- Lawrence Park Collegiate Institute1 km
Public · Toronto DSB · 1255 students
Grade 10 literacy: 96% met the provincial standard
- Loretto Abbey Catholic Secondary School1.2 km
Catholic · Toronto CDSB · 685 students
Grade 10 literacy: 89% met the provincial standard
- John Polanyi Collegiate Institute2.4 km
Public · Toronto DSB · 500 students
Grade 10 literacy: 72% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area M5M
- Population
- 25,495
- Private dwellings
- 9,726
- Median age
- 43.2
- Average household size
- 2.8
- Median household income
- $164,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Toronto C04 · last 12 months
- Median sold price
- $1,920,000
- Homes sold
- 691
- Median days on market
- 16
- Sale-to-list price
- 97.2%
Based on 691 recorded sales of residential freehold properties in Toronto C04 over the last 12 months.
Rooms
4-piece on Second, 1-piece on Basement
Second
- Bedroom 28'4" x 10'7"
- Bedroom 39'9" x 10'7"
- Primary Bedroom15'5" x 10'2"
Ground
- Dining Room11' x 12'9"
- Family Room14'1" x 11'9"
- Kitchen8' x 12'1"
- Living Room11'3" x 14'10"
Basement
- Workshop18'3" x 14'6"
Listed by
BOSLEY REAL ESTATE LTD.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$297,900
Estimated Monthly Payment
$7,317
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $7,317/mo (20% down, 5.5%)
Taxes: $626/mo · Insurance: $372/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?