493 Melrose Ave
Bedford Park-Nortown, North York, M5M 2A1
FOR SALE
$2,649,000
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4 + 1
BEDROOMS4
BATHROOMS1
KITCHENS8 + 3
ROOMSC9769114
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Property Description
Stunning Executive Home in Highly sought-after Bedford Park at Avenue & Lawrence! Spacious 4+1 Bedroom, Solid Stone & Brick home is situated within Desirable proximity to Avenue Road Strip. Backs onto Green space Park!Main Floor is perfectly laid out ideal for Entertaining with 10' ceilings.Beautiful Custom Millwood with Designer Touches thru'out! Gourmet Kitchen open to Family Room and features Centre island with Quartz countertop.Walk-out to Large composite wood Deck overlooks Gorgeous south-facing Mature Garden which offers total Privacy, truly a Park-like setting. Primary features large 5pc Ensuite.Bedrooms all have large Closets.Bright Basement features 9.5' ceilings, Rec rm with w/o to Yard, Separate Nanny/Exercise Rm.This Home offers an abundance of Storage/Closet space, no shortage on storage in this home! Direct access from Garage & Separate Mudroom entry from Driveway.Professionally Stone landscaping on Exterior. Truly a Perfect Sized Home for a Family looking for a Comfortable & Manageable home!
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Extras
Enjoy Convenient Living!Avenue Rd Strip is literally few minutes walk,Enjoy the many Shops,Restaurants & Fabulous Coffee ShopsPublic Transit,Easy access to Downtown & Hwy 401.Backs onto Greenspace Park!!Walk to Neighbourhood Schools.
Nearby Intersections
Avenue & Lawrence (145)
Bathurst & Lawrence (133)
Property Features
Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
33' x 107'
Fronting
South
Taxes
$9,641 (2023)
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
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Foyer | Main | 6.23' x 8.20' | Stone Floor, Pot Lights |
Living | Main | 13.78' x 13.78' | Gas Fireplace, Hardwood Floor, Pot Lights |
Dining | Main | 9.19' x 13.45' | Hardwood Floor, Crown Moulding, Window |
Kitchen | Main | 11.48' x 17.39' | Centre Island, Eat-In Kitchen, W/O To Deck |
Family | Main | 13.45' x 17.39' | Gas Fireplace, Hardwood Floor, Open Concept |
Prim Bdrm | 2nd | 12.47' x 14.44' | 5 Pc Ensuite, W/W Closet, Hardwood Floor |
2nd Br | 2nd | 10.50' x 11.48' | Double Closet, Hardwood Floor |
3rd Br | 2nd | 9.51' x 9.84' | Double Closet, Hardwood Floor |
4th Br | 2nd | 10.17' x 11.48' | Double Closet, Hardwood Floor |
Rec | Bsmt | 14.11' x 15.75' | W/O To Yard, Pot Lights, Broadloom |
5th Br | Bsmt | 7.87' x 11.15' | Above Grade Window, Closet, Broadloom |
Laundry | Bsmt | 5.25' x 6.89' | Laundry Sink, B/I Shelves |
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North York Market Statistics
North York Price Trend
493 Melrose Ave is a 4-bedroom 4-bathroom home listed for sale at $2,649,000, which is $692,302 (35.4%) higher than the average sold price of $1,956,698 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 4 bedroom home in North York declined by $64,381 (3.2%) compared to the previous 30 day period (September 1 - September 30) and up $83,600 (4.5%) from the same time one year ago.Inventory Change
There were 673 4-bedroom homes listed in North York over the last 30 days (October 1 - October 30), which is down 16.1% compared with the previous 30 day period (September 1 - September 30) and up 19.8% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in North York typically sold ($26,456) (1.4%) below asking price over the last 30 days (October 1 - October 30), which represents a $703 increase compared to the previous 30 day period (September 1 - September 30) and ($16,532) 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 (October 1 - October 30) stood at 47.3%, up from 27.8% over the previous 30 days (September 1 - September 30) and up from 38.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in North York stood at 22 days when successfully sold over the last 30 days (October 1 - October 30), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
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