478 Melrose Ave
Bedford Park-Nortown, North York, M5M 1Z9
FOR SALE
$1,999,000

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Property Description
Step into a world of unparalleled elegance and function with this extraordinary home, where every detail tells a story of innovation and award-winning design by world-renowned Atelier RZLBD. Located in the highly sought-after Bedford Park, this exceptional home offers modern living at its finest, with a striking south-west exposure that bathes the home in natural light throughout the day. Over 3,300 square feet of living space. The main floor features an open-concept design, highlighted by hardwood floors and potlights throughout. The living and dining areas flow effortlessly into the chef-inspired kitchen, equipped with premium appliances, custom cabinetry, and a large central island perfect for entertaining. Expansive windows showcase the beautiful views, enhancing the natural light that defines this home. Upstairs, the three generously sized bedrooms provide a serene retreat, with the primary suite offering a private oasis complete with a luxurious 5Pc ensuite bath. Each of the five bathrooms throughout the home is meticulously designed with modern fixtures and high-end finishes. The finished basement is a standout feature, offering a spacious layout with a walkout. This level is ideal for a home theater, gym, or a nanny suite. A fourth bedroom and bath add versatility for family and guests. The home also boasts an abundance of storage solutions, ensuring every need is met, while the double-car carport provides easy and secure parking. Just steps from top-rated schools, TTC access, shops, and restaurants, this home offers the perfect combination of modern design, practical living, and an unbeatable location.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-12-30 | 2025-01-29 | 30 | $2,349,999 | - | Terminated |
2024-10-15 | 2024-12-24 | 70 | $2,349,999 | - | Expired |
2024-09-26 | 2024-10-15 | 19 | $2,349,999 | - | Terminated |
2023-05-30 | 2023-06-05 | 6 | $2,088,000 | $2,388,000 | Sold |
Nearby Intersections
Avenue & Lawrence (73)
Bathurst & Lawrence (77)
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
26' x 112'
Fronting
South
Taxes
$12,453 (2024)
Basement
Fin W/O, Sep Entrance
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Pvt Double
Garage Type
Carport
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 13.09' x 11.55' | Breakfast Area, Hardwood Floor, B/I Appliances |
Living | Main | 12.93' x 15.22' | Hardwood Floor, Recessed Lights, Picture Window |
Dining | Main | 11.68' x 20.83' | Hardwood Floor, Open Concept |
Family | Main | 13.25' x 11.94' | Hardwood Floor, Gas Fireplace, W/O To Patio |
Prim Bdrm | 2nd | 14.47' x 12.20' | Hardwood Floor, 5 Pc Ensuite, Walk Through |
2nd Br | 2nd | 11.15' x 11.52' | Hardwood Floor, B/I Closet, Pot Lights |
3rd Br | 2nd | 9.65' x 10.99' | Hardwood Floor, B/I Closet, Pot Lights |
Exercise | Bsmt | 11.32' x 14.50' | Hardwood Floor, 2 Pc Bath, Above Grade Window |
Rec | Bsmt | 11.15' x 14.60' | Hardwood Floor, Open Concept, Above Grade Window |
4th Br | Bsmt | 14.07' x 11.55' | Hardwood Floor, 4 Pc Ensuite, Above Grade Window |
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North York Market Statistics
North York Price Trend
478 Melrose Ave is a 3-bedroom 5-bathroom home listed for sale at $1,999,000, which is $706,402 (54.6%) higher than the average sold price of $1,292,598 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in North York increased by $71,412 (5.8%) compared to the previous 30 day period (December 22 - January 20) and down $8,210 (0.6%) from the same time one year ago.Inventory Change
There were 676 3-bedroom homes listed in North York over the last 30 days (January 21 - February 19), which is up 105.5% compared with the previous 30 day period (December 22 - January 20) and up 23.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in North York typically sold $27,264 (2.1%) above asking price over the last 30 days (January 21 - February 19), which represents a $35,980 increase compared to the previous 30 day period (December 22 - January 20) and $32,657 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 (January 21 - February 19) stood at 52.8%, down from 53.2% over the previous 30 days (December 22 - January 20) and down from 73.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 5-bathroom home in North York stood at 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 55 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Barry Cohen Homes Inc.
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