403 Melrose Ave

FOR SALE
$2,199,000
403 Melrose Ave, North York
403 Melrose Ave
403 Melrose Ave
403 Melrose Ave
403 Melrose Ave
403 Melrose Ave
403 Melrose Ave
403 Melrose Ave
403 Melrose Ave
403 Melrose Ave
403 Melrose Ave
403 Melrose Ave
403 Melrose Ave
403 Melrose Ave
403 Melrose Ave
403 Melrose Ave
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403 Melrose Ave
403 Melrose Ave
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403 Melrose Ave
403 Melrose Ave
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403 Melrose Ave
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3
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
7 + 4
ROOMS
C9505532
MLSID
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Property Description
Discover an Incredible Opportunity to Own This Charming Detached Bungalow located in highly sought after Avenue & Lawrence Area. Nestled on an Expansive 35 x 150 ft Lot with Double Driveway and Garage, This Home Boasts 3 Generous Bedrooms, Hardwood Floors, Large Picture Windows That Let In Lots of Natural Light, Eat in Kitchen, Wonderful Open Concept Living & Dining Room and A Fantastic Entertainment Area. Primary Bedroom with Hardwood Floors, 2 pc Ensuite, and Double closet. Lower Level Walks Out To to South Facing Private Tranquil Garden. Recreation room with Walk Out to Yard, Gas Fireplace and Tile Floors. Renovated Eat in Kitchen with Stainless Steel Appliances, Dining Area Could Be Converted to a Guest Suite, Laundry Room with Full Size Washer & Dryer, Side Entrance and Front Entrance to this Special Home. So Many Opportunities and Options. Perfect for Senior & Caregiver. Opportunity to Build Your Dream Home in A Prestigious Neighbourhood. Or Up Size from your Semi or Detached Home. Walking Distance to Avenue Rd Fine Dining, Shops and TTC. Mins From 401, Don Valley Golf Course & Private Clubs. The Property is Located Near Fantastic Public & Private Schools.
Nearby Intersections
Property Features
Library, Park, Place Of Worship, Public Transit, School
Property Details
Property Type
Detached, Bungalow
Lot Size
35' x 150'
Fronting
South
Taxes
$8,648 (2024)
Basement
Fin W/O
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain16.40' x 12.47'Hardwood Floor, Picture Window
DiningMain12.96' x 12.47'Hardwood Floor, Window
KitchenMain10.24' x 8.96'Laminate, Window
BreakfastMain10.33' x 8.96'Laminate, Picture Window
Prim BdrmMain14.50' x 12.50'Hardwood Floor, Window, Closet
2nd BrMain10.93' x 12.83'Hardwood Floor, Window, Closet
3rd BrMain12.60' x 9.06'Hardwood Floor, Window, Closet
DiningLower10.24' x 12.43'Tile Floor, Window
KitchenLower12.73' x 12.53'Tile Floor, Window, Centre Island
RecLower13.39' x 25.16'Tile Floor, Window, Gas Fireplace
LaundryLower8.20' x 15.52'Tile Floor, Window, Laundry Sink
North York Market Statistics
North York Price Trend
403 Melrose Ave is a 3-bedroom 3-bathroom home listed for sale at $2,199,000, which is $865,254 (64.9%) higher than the average sold price of $1,333,746 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in North York declined by $4,461 (0.3%) compared to the previous 30 day period (September 21 - October 20) and up $49,509 (3.9%) from the same time one year ago.
Inventory Change
There were 888 3-bedroom homes listed in North York over the last 30 days (October 21 - November 19), which is down 13.8% compared with the previous 30 day period (September 21 - October 20) and up 17.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in North York typically sold ($5,371) (0.4%) below asking price over the last 30 days (October 21 - November 19), which represents a $14,114 decrease compared to the previous 30 day period (September 21 - October 20) and $172 less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in North York over the last 30 days (October 21 - November 19) stood at 69.0%, up from 54.8% over the previous 30 days (September 21 - October 20) and up from 52.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in North York stood at 20 days when successfully sold over the last 30 days (October 21 - November 19), compared to 48 days before being removed from the market upon being suspended or terminated.
Listing contracted with Mccann Realty Group Ltd.
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