This one's priced below recent comparable sales, and new this week. Here's everything I've got — ask me anything about it.

Toronto · Toronto Region · Mimico

262 Melrose Street

Detached

MLS® #W13756020

Listed for$778,0001 day on market
2 bed 1 bath 2 parking 700-1100 sq ft~$864/sq ft
  • New this week
  • 8 schools within 1 km
  • Transit stop ~80 m
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Is $778,000 a fair price?

Our read: it’s priced below recent comparable sales — based on 10 sales nearby. Sign in free to see exactly how far below it is, plus the full range comparable homes sold in.

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Measured against 10 recent comparable sales nearby — sign in free to see the range they sold in (boards require a verified email · VOW rules).

Est. all-in monthly~$3,942/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

8 schools within ~1 km · nearest transit stop ~0.08 km

Property information
What house buyers ask first
Lot size
25 × 125 ft
Square footage
700-1100 sq ft
Property tax
$3,867 / yr
Parking
2 spaces · None
Basement
Unfinished

Property summary

Property type
Detached
Style
1 1/2 Storey
Lot size
25 × 125 ft
Parking
2 spaces · None
Heating
Forced Air
Air conditioning
Central Air
Basement
Unfinished
Kitchens
1
Exterior
Aluminum Siding
Property tax
$3,867 / yr
MLS®
W13756020

Room dimensions

Dining Room
Main3.61 × 2.87 m
Mud Room
Main2.46 × 2.36 m
Living Room
Main4.29 × 3.45 m
Foyer
Main2.16 × 1.4 m
Other
Lower2.77 × 1.55 m
Kitchen
Main2.84 × 2.77 m
Primary Bedroom
Second3.43 × 3.12 m
Utility Room
Lower7.14 × 5.74 m
Bedroom 2
Second3.12 × 2.74 m

As stated by the MLS®, nothing inferred.

Nearby homes for sale
The numbers that matter
The numbers that matter
Property tax
$3,867/yr
Est. all-in
~$3,942/mo
Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.
Schools

Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.

  • Oak LearnersPrivate · Elementary & Secondary · ..0.2 km
  • George R Gauld Junior SchoolPublic · Elementary · Toronto DSB0.2 km
  • Imperial College of TorontoPrivate · Secondary · ..0.4 km
  • St Louis Catholic SchoolCatholic · Elementary & Secondary · Toronto CDSB0.6 km
  • Mildenhall School, ThePrivate · Elementary & Secondary · ..0.7 km
  • St Leo Catholic SchoolCatholic · Elementary & Secondary · Toronto CDSB0.7 km

Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

  • Evans Ave at Crenmore AveNearest transit · Bus stop~80 m
  • Royal York RdNearest subway · Subway~3.2 km
  • MimicoNearest GO / rail · GO / regional rail~510 m

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Toronto
$750KMedian sold
31Median days on market
98.7%Sale-to-list
Median sold price · Toronto1-yr -12% · 3-yr
Source: TRREB sold data via Repliers · all property types
Neighbourhood demographics — Toronto
2,794,356Population (2021)
39.6Median age
$84,000Median household income
51.9%Home owners
48.1%Renters
2.4Avg household size
Source: Statistics Canada, 2021 Census
Description & details

Attention builders, investors, renovators, and first-time buyers. Welcome to this charming two-bedroom home in the heart of sought-after Mimico, in South Etobicoke. Set on a generous deep lot, this well-maintained property offered as is, presents fantastic potential to renovate or expand. Inside, enjoy a sun-filled main level, new flooring throughout, fresh paint, and a separate side entrance with excellent potential for future rental income or an in-law suite. Step outside to a spacious backyard, perfect for entertaining, gardening, or future expansion. Ideally located just minutes from the lake, waterfront trails, Mimico GO Station, Highway 427, the QEW, excellent schools, cafes, restaurants, shops, The Queensway, and Sherway Gardens. A rare opportunity to secure a prime piece of real estate with exceptional lifestyle and long-term value.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by RE/MAX PROFESSIONALS INC.. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.