360 MELROSE STREET, Toronto (Mimico)

$1,899,000

For sale: Detached

Detached at 360 MELROSE STREET, Toronto (Mimico)
Property type
Detached
Bedrooms / bathrooms
4 bedrooms, 2 bathrooms
Living area
2,000 sqft
MLS®
MLS® W13549180
Neighbourhood
Mimico

Rare Permit-Issued Two-Home Development Opportunity - 360 Melrose A & B. Listing Price Is For The Full Two-Lot Package; Seller May Also Consider Selling Each Lot Individually. Attention Builders, Investors, And End Users. Severance Approved For Two 25 Ft X 125 Ft Lots With City-Assigned Addresses 360 Melrose A And 360 Melrose B. Building Permits Issued For Two Architecturally Distinct Modern/Contemporary Detached Homes Designed By The Renowned Contempo Studios. Each Home Has Its Own Unique Layout, Character, And Street Presence, Offering Over 2,100 Sq. Ft. Above Grade And Over 2,950 Sq. Ft. Including Basement. All Architectural Drawings, Working Drawings, And Construction Drawings Have Been Completed And Paid For. Permission To Remove Trees Has Been Granted. Buyer Can Start Construction Right Away With The Major Planning, Design, Severance, Tree, And Permit Work Already Completed. Existing Detached 4-Bedroom Bungalow With Basement Offers Flexibility To Build A Shovel-Ready Project Now Or Hold And Build Later. Ideal For Builders, Investors, Or End Users Looking To Build Two Custom Homes, Build One And Sell One, Create Side-By-Side Family Residences, Purchase One Lot Individually, Or Hire The Seller To Build. Located On A Quiet Interior Street In A Convenient Etobicoke Pocket, Minutes To Mimico, The Queensway, Sherway Gardens, Major Highways, Parks, Schools, Transit, And Everyday Amenities. Seller Is An HCRA/Tarion Licensed Builder And Can Build For The Purchaser.

Sold data

Detached homes in Toronto (Mimico) — recent sold market

Detached homes in Toronto (Mimico) took a median of 19 days to sell over the last 90 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 39, across 1,852 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 39 days.

The median sale price was $1,199,000.

Homes sold for about 3.1% below asking on average, so there was room to negotiate.

About 24% of sales closed above the list price.

Around 13% of sellers reduced their price before finding a buyer.

Median days to sell
19
Median sale price
$1,199,000
Sale-to-list ratio
96.9%
Sold above asking
24%

Based on 1,852 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 360 MELROSE STREET