116A MELROSE STREET, Toronto (Mimico)

$999,116

For sale: Semi-Detached/Link

Semi-Detached/Link at 116A MELROSE STREET, Toronto (Mimico)
Property type
Semi-Detached
Bedrooms / bathrooms
3 bedrooms, 2 bathrooms
Living area
2,000 sqft
MLS®
MLS® W14109152
Neighbourhood
Mimico

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!

Sold data

Semi-Detached/Link homes in Toronto (Mimico) — recent sold market

Semi-Detached/Link homes in Toronto (Mimico) took a median of 13 days to sell over the last 90 days, with the quickest quarter selling within 7 days and the slowest quarter taking more than 27, across 606 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 21 days.

The median sale price was $999,900.

Homes sold for about 1.2% below asking on average, so there was room to negotiate.

About 40% of sales closed above the list price.

Around 11% of sellers reduced their price before finding a buyer.

Median days to sell
13
Median sale price
$999,900
Sale-to-list ratio
98.8%
Sold above asking
40%

Based on 606 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Mimico)

Toronto (Mimico) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Mimico)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 116A MELROSE STREET