$949,999Asking Price
50 Meldazy Drive, Toronto E09, ON M1P 4G1
Bendale, Toronto
Welcome to 50 Meldazy Dr - A Rare Ravine-Lot Gem with Space, Privacy & Income Potential! Discover this bright and spacious detached bungalow nestled on one of the area's most spectacular ravine lots. Offering the perfect blend of comfort, versatility, and opportunity, this 3+3 bedroom home features 1+1 kitchens, 1+2 bathrooms, and two separate entrances conveniently located inside the main entrance-ideal for multi-family living or rental income. Step inside to an inviting open-concept layout with an upgraded kitchen, modern bathrooms, and quality laminate flooring throughout. The main-floor windows were replaced in 2024 and are complemented by custom California shutters, combining style, privacy, and energy efficiency. The large, light-filled basement offers two distinct apartment spaces-each with separate entrances-featuring a second kitchen (2021) and an additional updated bathroom. It's a fantastic setup for extended family or tenants. Additional highlights include an owned hot water tank, upgraded attic insulation (2024), 200-amp electrical service, a greenhouse beside the carport, and a backyard shed. The private driveway accommodates up to four cars. Set on a beautifully landscaped, pie-shaped lot with no rear neighbours, this home backs directly onto a serene ravine surrounded by mature trees and nature. With one of the largest lots in the neighbourhood, there's ample room to build a garden suite, expand outdoor living, or simply enjoy the peaceful setting. Don't miss this exceptional opportunity to own a home that offers space, income potential, and unmatched privacy-all in a prime location!
Welcome to 50 Meldazy Dr - A Rare Ravine-Lot Gem with Space, Privacy & Income Potential! Discover this bright and spacious detached bungalow nestled on one of the area's most spectacular ravine lots. Offering the perfect blend of comfort, versatility, and opportunity, this 3+3 bedroom home features 1+1 kitchens, 1+2 bathrooms, and two separate entrances conveniently located inside the main entrance-ideal for multi-family living or rental income. Step inside to an inviting open-concept layout with an upgraded kitchen, modern bathrooms, and quality laminate flooring throughout. The main-floor windows were replaced in 2024 and are complemented by custom California shutters, combining style, privacy, and energy efficiency. The large, light-filled basement offers two distinct apartment spaces-each with separate entrances-featuring a second kitchen (2021) and an additional updated bathroom. It's a fantastic setup for extended family or tenants. Additional highlights include an owned hot water tank, upgraded attic insulation (2024), 200-amp electrical service, a greenhouse beside the carport, and a backyard shed. The private driveway accommodates up to four cars. Set on a beautifully landscaped, pie-shaped lot with no rear neighbours, this home backs directly onto a serene ravine surrounded by mature trees and nature. With one of the largest lots in the neighbourhood, there's ample room to build a garden suite, expand outdoor living, or simply enjoy the peaceful setting. Don't miss this exceptional opportunity to own a home that offers space, income potential, and unmatched privacy-all in a prime location!
See MoreKey Info
- Bungalow Detached
- 3-Car Driveway
- 1-Car Carport
- Meldazy/Mccowan
- 700-1100 Approximate Sq Feet
- Basement: Finished, Full
- 2 + 1 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 48 x 142 Feet
- Brick Exterior
- Taxes were $4,788 in 2025
- Possession: Flexible
Details
- Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #E12506656
- CENTURY 21 LEADING EDGE REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 9.19' x 10.99' | Ceramic Floor, Window, Open Concept |
 | 1 4-Piece Bathroom on Ground Floor | |||
| 1 3-Piece Bathroom | |||
| 1 3-Piece Bathroom | |||
How Far is Too Far?
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Who lives here?
Bendale, Toronto is an east Toronto neighbourhood notable for its science professionals, salespeople and tradespeople. It has a higher than average population of immigrants, particularly those from China, the Philippines, India and Sri Lanka, and Cantonese, Tagalog, Mandarin and Tamil speakers. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 29.
Families
Kids Per Family
1.2
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
48%
of residents are
single and loving it.
48% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
33%
of residents
are renters.
33% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
39%
of residents are
university grads.
39% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$92K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 15% |
| Business | 11% |
| Trades | 6% |
| Sciences | 6% |
| Government | 6% |
Immigrants
56%
of residents were
born outside of Canada.
56% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
8.4% from India
All-time
Birthplace - Recent
1.9% from India
Recent
Foreign Languages
Foreign Languages
| Tagalog | 6% |
| Cantonese | 6% |
| Mandarin | 6% |
| Tamil | 6% |
| Gujarati | 3% |
Religions
Religions
| Christian | 53% |
| Muslim | 14% |
| Hindu | 11% |
| Buddhist | 2% |
| Sikh | 1% |
Social Housing
Social Housing Buildings
2
Social housing buildings
in the neighbourhood.
Shelters
Shelters
1
Homeless shelters in
the neighbourhood.
