MLS® listing
247 Melrose Avenue: detached house for sale
$1,489,500






































From the listing brokerage
A home with beautiful character and room to grow - in a location that is hard to beat. This special home offers the kind of architectural character that is increasingly difficult to find, along with the opportunity to update and make it truly your own. The main floor is filled with beautiful details, including a beamed ceiling in the dining room, elegant beveled-glass doors opening to the living room, and gorgeous newer hardwood floors. The large, bright family room offers plenty of space for family life or entertaining. With its wonderful original details and spacious layout, the home provides an inspiring foundation for a thoughtful renovation. The kitchen, bathroom and mechanical systems are ready for updating, giving the next owner the opportunity to modernize the essentials while preserving the character and charm that make this home distinctive. The basement adds significant flexibility, with abundant storage and a partially finished room formerly used as a sewing workshop - ideal for hobbies, a home office, workshop or additional recreation. An existing additional WC presents an excellent opportunity to be converted into a second full bathroom. And then there is the location: steps from Avenue Road and just minutes from Yonge Street, with an exceptional selection of boutique shops, restaurants, cafés, grocery stores and everyday conveniences all close at hand. Parking is another welcome advantage, with a legally widened driveway accommodating one car, plus the mutual drive providing access to the rear, where a small car can also be parked. A character-filled home with beautiful architectural details, generous living space, abundant storage and exciting potential - all in a truly fabulous, walkable location.
Facts on the listing
| Square feet | 1100-1500 |
|---|---|
| Style | 2-Storey |
| Basement | Partially Finished |
| Lot width | 25.1 |
| Lot depth | 110.1 |
| Lot measured in | Feet |
| Faces | South |
| Parking spaces | 2 |
| Garage | Detached |
| Heating | Water |
| Cooling | Wall Unit(s) |
| Kitchens | 1 |
| Property tax | $7,511 |
| Tax year | 2025 |
| Parking | Front Yard Parking, Mutual |
| Interior features | Carpet Free, Floor Drain |
Listing courtesy of BOSLEY REAL ESTATE LTD.. MLS® C13789838.
About this detached house
247 Melrose Avenue is a 3 bedroom detached house in TRREB's Bedford Park-Nortown community in Toronto, listed for sale at $1,489,500. The listing shows 2 bathrooms and 1100-1500 square feet. The style is given as 2-storey. The lot is listed as 25.1 by 110.1 feet. The listing gives the basement as partially finished. It comes with 2 parking spaces and a detached garage according to the listing. The nearest main intersection given is Lawrence and Avenue.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 247 Melrose Avenue
At the asking price of $1,489,500, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $1,489,500 |
|---|---|
| Ontario land transfer tax | $26,265 |
| Toronto municipal land transfer tax | $26,265 |
| Both taxes | $52,530 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $123,950 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2025) | $7,511 a year, about $626 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
How the asking price compares
TRREB recorded 550 detached house sales in the City of Toronto in August 2026, at a median price of $1,170,000 and an average of $1,525,749. This home is listed at $1,489,500, which is $319,500 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as water.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 25.1 by 110.1 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the street and the homes beside it.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 247 Melrose Avenue
How much is land transfer tax on 247 Melrose Avenue?
At the asking price of $1,489,500 the Ontario tax is $26,265 and the Toronto tax is $26,265, $52,530 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 247 Melrose Avenue?
$123,950 at the asking price of $1,489,500, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 247 Melrose Avenue?
The listing shows $7,511 a year for 2025, about $626 a month.
Is 247 Melrose Avenue priced above or below the median?
It is listed at $1,489,500. The August 2026 median for detached house sales in the City of Toronto was $1,170,000 across 550 sales, so the asking price is $319,500 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 247 Melrose Avenue?
Use the form on this page or call us. Quote MLS® C13789838. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 247 Melrose Avenue still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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