360B MELROSE STREET, Toronto (Mimico)

$998,000

For sale: Vacant Land

Vacant Land at 360B MELROSE STREET, Toronto (Mimico)
Property type
Vacant Land
MLS®
MLS® W13549242
Neighbourhood
Mimico

Rare Permit-Issued Individual Building Lot Opportunity - 360 Melrose lot B. Listing Price Is For One Proposed 25 Ft X 125 Ft Lot Only; Full Two-Lot Package Also Available. Attention Builders, Investors, And End Users. Severance Approved With City-Assigned Address And Building Permit Issued For An Architecturally Distinct Modern/Contemporary Detached Home Designed By The Renowned Contempo Studios, 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 Currently On Site, Offering Flexibility To Build A Shovel-Ready Project Now Or Hold And Build Later. Ideal For A Builder, Investor, Or End User Looking To Build A Custom Home 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

Homes in Toronto (Mimico) — recent sold market

Homes in Toronto (Mimico) took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 46, across 5,983 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 47 days.

The median sale price was $799,900.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 20% of sales closed above the list price.

Around 16% of sellers reduced their price before finding a buyer.

Median days to sell
24
Median sale price
$799,900
Sale-to-list ratio
97.0%
Sold above asking
20%

Based on 5,983 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 360B MELROSE STREET