$1,399,000
247 Melrose Avenue, Toronto, ON M5M 1Z2
Bedford Park-Nortown · C04
Listing courtesy of BOSLEY REAL ESTATE LTD.
Bedford Park-Nortown · C04 · M5M 1B4
$1,249,000
$1,784 / sq ft3 months on market
Endless Potential in Bedford Park, Northtown: Renovate or Build Two Luxury Semis! Welcome to 326 Lawrence Avenue West, an exceptional opportunity in one of Toronto's most sought-after neighbourhoods. This charming 2-bedroom bungalow sits on a generous 3,500+ sq ft lot in the heart of Bedford Park-Nortown, a family-friendly community celebrated for its top-rated schools, tree-lined streets, and unbeatable urban amenities. Whether you're a first-time buyer, savvy investor, or visionary builder, the potential here is undeniable. Renovate the existing home and make it your own, or take advantage of the lot's development potential to build two luxury semi-detached residences, a rare opportunity in this high-demand pocket. This area has seen tremendous growth, with modern infill housing and custom homes transforming the streetscape. With the right design and vision, this lot is a perfect canvas for a pair of upscale semis ideal for end-users or a lucrative resale project. Located just steps from premier schools, shops, parks, and transit, 326 Lawrence offers unparalleled convenience and lifestyle. With quick access to Avenue Road, Yonge Street, and major highways, getting around the city is effortless. Nearby parks and trails also provide a wealth of green space and recreational options. 326 Lawrence Avenue West is more than just a home - it's an opportunity to create, invest, and thrive in one of Toronto's most established neighbourhoods. Whether you choose to restore its charm or unlock its full redevelopment potential, the future here is undeniably bright.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 1% of comparable detached listings in Bedford Park-Nortown are asking less.
Based on 72 comparable active detached listings in Bedford Park-Nortown. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,249,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
What similar homes in this area actually sold for.
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Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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$1,399,000
Bedford Park-Nortown · C04
Listing courtesy of BOSLEY REAL ESTATE LTD.
$1,194,990
Bedford Park-Nortown · C04
Listing courtesy of RE/MAX REALTRON DAVID SOBERANO GROUP
$1,389,000
Bedford Park-Nortown · C04
Listing courtesy of SUTTON GROUP-TOWER REALTY LTD.
$1,399,000
Bedford Park-Nortown · C04
Listing courtesy of RE/MAX ULTIMATE REALTY INC.