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$3,395,000
Toronto
238 Melrose Avenue, Toronto (Lawrence Park North), Ontario, M5M1Z1
This 5-bedroom, 6-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space.
Spectacular Custom-Built Home In The Heart Of The John Wanless Pocket. This Beautifully Crafted Residence Offers Executive Finishes Throughout, With A Large Entertainer's Dining Room Opening To A Stunning Custom Kitchen With All The Bells And Whistles, Including Custom-Painted MDF Cabinetry, Taj Mahal Quartzite Countertops, Premium Thermador Appliances, A Large Centre Island And Breakfast Bar. The Open-Concept Layout Flows Into The Huge Sunken Family Room, Complete With Built-In Speakers, Custom Shelving, A Gas Fireplace And A Flush Walkout To The Patio And Spacious Gardens With A Built-In Hot Tub, Creating The Perfect Setting For Sun-Filled Days, Relaxed Evenings And Unforgettable Nights With Family And Friends. The Second Floor Offers High Ceilings And A Serene Primary Bedroom With A Walk-In Closet And Private 7-Piece Ensuite, Plus 3 Additional Sizable Bedrooms With Ensuite Or Semi-Ensuite Access. The Lower Level Offers Tons Of Additional Space, With A Large Recreation Room Featuring A Wet Bar, Heated Floors And A Gas Fireplace, Plus A Separate Gym, Sauna, Steam Room, Nanny/Guest Suite And Additional Bathrooms. Steps To Yonge Street, John Wanless School, Shops, Restaurants, Cafés, Transit And Everything This Incredible Neighbourhood Has To Offer. You Name It, It's There! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 59 days on market, against an average age of 55 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 5-bed single family in Toronto (Lawrence Park North) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $3,395,000, about 20.7× the local median household income of $164,000.
Carrying it typically needs a household income of about $663,162 (20% down, 25-yr amortization, stress-tested) — roughly 304% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5M)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.