Mimico · W06 · M8Z 1G8
$1,899,000
$1,266 / sq ft2 months on market
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Rare Permit-Issued Two-Home Development Opportunity - 360 Melrose A & B. Listing Price Is For The Full Two-Lot Package; Seller May Also Consider Selling Each Lot Individually. Attention Builders, Investors, And End Users. Severance Approved For Two 25 Ft X 125 Ft Lots With City-Assigned Addresses 360 Melrose A And 360 Melrose B. Building Permits Issued For Two Architecturally Distinct Modern/Contemporary Detached Homes Designed By The Renowned Contempo Studios. Each Home Has Its Own Unique Layout, Character, And Street Presence, Offering Over 2,100 Sq. Ft. Above Grade And Over 2,950 Sq. Ft. Including Basement. All Architectural Drawings, Working Drawings, And Construction Drawings Have Been Completed And Paid For. Permission To Remove Trees Has Been Granted. Buyer Can Start Construction Right Away With The Major Planning, Design, Severance, Tree, And Permit Work Already Completed. Existing Detached 4-Bedroom Bungalow With Basement Offers Flexibility To Build A Shovel-Ready Project Now Or Hold And Build Later. Ideal For Builders, Investors, Or End Users Looking To Build Two Custom Homes, Build One And Sell One, Create Side-By-Side Family Residences, Purchase One Lot Individually, Or Hire The Seller To Build. Located On A Quiet Interior Street In A Convenient Etobicoke Pocket, Minutes To Mimico, The Queensway, Sherway Gardens, Major Highways, Parks, Schools, Transit, And Everyday Amenities. Seller Is An HCRA/Tarion Licensed Builder And Can Build For The Purchaser.
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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 above most comparable listings — about 83% of comparable detached listings in Mimico are asking less.
Based on 18 comparable active detached listings in Mimico. 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 $1,899,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of REALTY ONE GROUP FLAGSHIP. 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.
Listing courtesy of SUTTON GROUP OLD MILL REALTY INC.
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Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY
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Listing courtesy of RE/MAX WEST REALTY INC.
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Listing courtesy of Royal LePage Real Estate Associates