440 Melrose Ave
Bedford Park-Nortown, North York, M5M 1Z9
FOR SALE
$2,200,000
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4 + 1
BEDROOMS3
BATHROOMS1
KITCHENS8 + 2
ROOMSC9300856
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Property Description
Experience an exceptional opportunity to live on a prime stretch of Melrose Ave in the sought-after Avenue/Lawrence area. Located in the prestigious Bedford Park community, this property is surrounded by custom-built, multi-million dollar homes, offering the ideal setting to construct your dream home or renovate to your personal style. Just a short walk from the fashionable Avenue Road shops and restaurants, and within easy reach of Ledbury Park Public School, with several esteemed private schools nearby, the location is unparalleled. The main floor welcomes you with a charming foyer featuring a decorative door and double closets, leading to a spacious living room with a cozy gas fireplace and gleaming hardwood floors. The open-concept dining area flows seamlessly into a well-equipped kitchen, complete with granite countertops, custom cabinetry, and a granite breakfast bar. A bright, all-season sunroom with large windows provides a peaceful retreat overlooking the backyard. Upstairs, four generously sized bedrooms with plush carpeting offer comfort and tranquility, complemented by a main bathroom with a tub/shower combo. The basement extends your living space with a light-filled recreation room, an additional bedroom, a convenient laundry room, and a full bathroom with a freestanding shower. Situated on an expansive lot, this property includes a double car garage and additional parking for several more vehicles. Combining elegance with convenience, this home provides the perfect foundation to create your forever home.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-12 | 2024-09-05 | 55 | $2,200,000 | - | Terminated |
Nearby Intersections
Avenue & Lawrence (141)
Bathurst & Lawrence (133)
Property Features
Level, Park, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
33' x 150'
Fronting
North
Taxes
$9,077 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
9
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.32' x 20.18' | |
| Dining | Main | 12.04' x 8.33' | |
| Kitchen | Main | 17.85' x 11.06' | |
| Sunroom | Main | 19.32' x 11.02' | |
| Prim Bdrm | 2nd | 9.58' x 15.98' | |
| 2nd Br | 2nd | 8.86' x 12.53' | |
| 3rd Br | 2nd | 8.79' x 11.52' | |
| 4th Br | 2nd | 9.58' x 11.48' | |
| Rec | Bsmt | 17.26' x 18.14' | |
| Br | Bsmt | 13.52' x 10.01' | |
| Laundry | Bsmt | 4.10' x 8.27' |
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North York Market Statistics
North York Price Trend
440 Melrose Ave is a 4-bedroom 3-bathroom home listed for sale at $2,200,000, which is $279,957 (14.6%) higher than the average sold price of $1,920,043 in the last 30 days (August 18 - September 16). During the last 30 days the average sold price for a 4 bedroom home in North York declined by $19,354 (1.0%) compared to the previous 30 day period (July 19 - August 17) and up $33,865 (1.8%) from the same time one year ago.Inventory Change
There were 572 4-bedroom homes listed in North York over the last 30 days (August 18 - September 16), which is up 55.4% compared with the previous 30 day period (July 19 - August 17) and up 11.9% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in North York typically sold ($35,485) (1.8%) below asking price over the last 30 days (August 18 - September 16), which represents a $13,295 increase compared to the previous 30 day period (July 19 - August 17) and ($5,141) 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 4-bedroom homes in North York over the last 30 days (August 18 - September 16) stood at 32.0%, down from 56.2% over the previous 30 days (July 19 - August 17) and down from 36.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in North York stood at 28 days when successfully sold over the last 30 days (August 18 - September 16), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Berkshire Hathaway Homeservices West Realty
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