Gurvinder Nokwal REALTOR®
For Sale Detached 5 days on market

$759,000

Est. payment $3,361/moCalculate yours

262 Melrose Street, Toronto, ON M8Z 1G6

Mimico, Etobicoke, ON M8Z 1G6

  • 2 Beds
  • 1 Baths
  • 700 Sq Ft

Listing courtesy of RE/MAX PROFESSIONALS INC. MLS® W14028180

About this home

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.

Property details

Overview

Property Type
Detached
Style
1 1/2 Storey
For
For Sale
Status
New
Size
700 sqft

Interior

Bedrooms
2
Bathrooms
1
Kitchens
1
Basement
Unfinished

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Aluminum Siding
Foundation
Brick
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
25 x 125 Feet
Parking
None garage · 2 total

Financial

Property Taxes
$3,867 (2026)

Location

Neighbourhood
Mimico
Cross Street
Royal York & The Queensway
Direction Faces
South

Listing

MLS® Number
W14028180
Days on Market
5
Listed On
2026-10-13
Possession
30-60 Days
Listed By
RE/MAX PROFESSIONALS INC.

Rooms

Room Level Dimensions
Primary Bedroom Second 11′ 3″ × 10′ 3″
Utility Room Lower 23′ 5″ × 18′ 10″
Kitchen Main 9′ 4″ × 9′ 1″
Bedroom 2 Second 10′ 3″ × 9′ 0″
Other Lower 9′ 1″ × 5′ 1″
Living Room Main 14′ 1″ × 11′ 4″
Foyer Main 7′ 1″ × 4′ 7″
Mud Room Main 8′ 1″ × 7′ 9″
Dining Room Main 11′ 10″ × 9′ 5″

Features

Interior

  • Other

Pool

  • None
Included
All Electrical Light Fixtures, Window Coverings, Refrigerator & Stove.
Excluded
N/A
Rental items
Hot Water Tank 25.87 per monthShowing Requirements

Mortgage calculator

Minimum for this price: $50,900 (6.71%)

Amortization, years

Estimated mortgage payment

$3,361 per month

Principal and interest
$3,361
Property tax
$322
Estimated monthly cost
$3,683

Your mortgage

Mortgage amount
$607,200
Mortgage insurance
Not needed
Interest over 25 years
$401,006

Cash to close

Down payment
$151,800
Land transfer tax (Ontario + Toronto)
$23,310
Total, before legal fees
$175,110
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

262 Melrose Street, Toronto, ON M8Z 1G6 Mimico, Etobicoke, ON M8Z 1G6
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Also listed as MLS® W13756020

Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$759,000 262 Melrose Street, Toronto, ON M8Z 1G6
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