5 hours on Market

349 Melrose St, Toronto, Ontario M8Z 1G9

Detached
2 + 1
2
~700-1100 sqft
$1,290,000
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Detached
2 + 1
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market5 hours

Estimated valueNot available

Price/Sqft$1,507/sqft

Monthly cost

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CMA Subject Property

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+15

Properties sold*

$1.2M

Median sold price*

*Based on last 30 days

Description

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.


Property Details

StyleBungalow
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size6,250 SqFt(125 x 50)
Parking Spaces9
MLS ®NumberW12268569
Community NameMimico
Data SourceTRREB
Listing bySAM MCDADI REAL ESTATE INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished

Features

Lot size: 6,250 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 8

Total parking spaces 9


Property History

Jul 7, 2025
ListedActive
$1,290,000
5 hours on market
history photo preview20
Listing by trreb®

Market Data - Mimico

Geo Zone Map ThumbnailMimico

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

21 days

Compared to

2024

12 days

2023

14 days

2022

10 days

New Listings

Past 30 days

44 listings

Compared to

2024

28 listings

2023

28 listings

2022

29 listings

Units sold

Past 30 days

17 units

Compared to

2024

15 units

2023

20 units

2022

12 units

Median Sold Price

Past 30 days

$1,140,000

Compared to

2024

$1,184,000

2023

$1,199,500

2022

$1,267,000


Population and Demographics

Overview

Total population 25277
Average household income $124,271

Age (%)

0 to 19
18%
20 to 34
23%
35 to 49
23%
50 to 64
20%
65 and plus
16%

Household composition (%)

Single family
51%
Single person
41%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
71%
Polish
5%
Spanish
4%
Tibetan
3%
Tagalog (Pilipino, Filipino)
3%
Others
2%
Portuguese
2%
Russian
2%
Ukrainian
2%
French
1%

House tenancy (%)

Renters
58%
Owners
42%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget