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$1,290,000Asking Price

349 Melrose Street, Toronto, ON M8Z 1G9

Mimico, Toronto

Detached
2 + 1
Bedrooms
2
Baths
9
Parking
Days on Market

Welcome To 349 Melrose Street, Where Opportunity Meets One Of The Best Lots In Mimico. Sitting On An Incredible 50 By 125 Ft Property, This Is A Rare Find In A Rapidly Transforming Neighbourhood. Whether You're A Builder Looking To Create A Custom Home Or Someone With A Long-Term Vision, This Extra-Wide Lot Offers Endless Possibilities. The Existing 2+1 Bedroom Bungalow Is Appr 980 Sq Ft & Currently Tenanted, Offering Income Potential While You Plan Your Next Move. Set On A Quiet, Tree Lined Street Surrounded By A Mix Of Charming Original Homes & New Builds, This Is A Fantastic Location In One Of South Etobicoke's Most Desirable & Evolving Pockets. Steps To The Mimico GO Station, San Remo Bakery, Waterfront Trails, Parks, Top Schools, Yacht Clubs & With Quick Access To The Gardiner, Downtown Toronto Is Just Minutes Away. An Exceptional Property With Unlimited Potential In A Thriving Lakeside Community.

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Welcome To 349 Melrose Street, Where Opportunity Meets One Of The Best Lots In Mimico. Sitting On An Incredible 50 By 125 Ft Property, This Is A Rare Find In A Rapidly Transforming Neighbourhood. Whether You're A Builder Looking To Create A Custom Home Or Someone With A Long-Term Vision, This Extra-Wide Lot Offers Endless Possibilities. The Existing 2+1 Bedroom Bungalow Is Appr 980 Sq Ft & Currently Tenanted, Offering Income Potential While You Plan Your Next Move. Set On A Quiet, Tree Lined Street Surrounded By A Mix Of Charming Original Homes & New Builds, This Is A Fantastic Location In One Of South Etobicoke's Most Desirable & Evolving Pockets. Steps To The Mimico GO Station, San Remo Bakery, Waterfront Trails, Parks, Top Schools, Yacht Clubs & With Quick Access To The Gardiner, Downtown Toronto Is Just Minutes Away. An Exceptional Property With Unlimited Potential In A Thriving Lakeside Community.

Key Info

  • Bungalow Detached
  • 8-Car Driveway
  • 1-Car Detached Garage
  • Royal York & Melrose
  • 700-1100 Approximate Sq Feet
  • Finished Basement
  • 1 Kitchen
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 50 x 125 Feet
  • Taxes were $5,233 in 2025
  • Possession: Flexible

Details

  • No Fireplace
  • No Family Room
  • Sewers
  • Municipal Water
  • Green Property Info Statement
  •  
  • MLS #W12268569
  • SAM MCDADI REAL ESTATE INC.

Extras

Room Floor Dimensions Details
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 3-Piece Bathroom

Who lives here?

Mimico, Toronto is a west Toronto neighbourhood notable for its singles, renters, executives, salespeople and tradespeople. Residents tend to be older with a significant number of adults aged 25 to 44, 25 to 44, 25 to 44 and 25 to 44 and seniors aged 65 to 69.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

51% of residents are
single and loving it.

51% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

55% of residents
are renters.

55% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

45% of residents are
university grads.

45% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$109K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 16%
Business 11%
Management 10%
Government 8%
Trades 8%

Immigrants

41% of residents were
born outside of Canada.

41% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

India was once home to 4.2% of immigrants.
Poland 3.7%
Philippines 3.4%
Ukraine 2.8%
Caribbean 2.1%

4.2% from India
All-time

Birthplace - Recent

India was once home to 1.2% of immigrants.
Philippines 0.6%
Ukraine 0.4%
China 0.3%
Poland 0.3%

1.2% from India
Recent

Foreign Languages

Foreign Languages

Polish 4%
Spanish 3%
Ukrainian 3%
Portuguese 2%
Russian 2%

Religions

Religions

Christian 68%
Muslim 4%
Hindu 2%
Buddhist 2%
Jewish 1%

Social Housing

Social Housing Buildings

3

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

1

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)