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For saleMLS® W14028180

262 Melrose Street, Toronto, ON M8Z 1G6

Mimico · W06 · M8Z 1G6

$759,000

$1,084 / sq ft

3 weeks on market

Bedrooms
2
Bathrooms
1
Interior
700 sf
Parking
2
Lot
25 × 125 ft

What's special

  • 2 parking spaces
  • Central air
  • Finished basement

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About this property

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.

Rooms

9 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
FoyerMain2.16 × 1.40 m7.1 × 4.6 ft—
KitchenMain2.84 × 2.77 m9.3 × 9.1 ft—
Dining RoomMain3.61 × 2.87 m11.8 × 9.4 ft—
Living RoomMain4.29 × 3.45 m14.1 × 11.3 ft—
Mud RoomMain2.46 × 2.36 m8.1 × 7.7 ft—
Primary BedroomSecond3.43 × 3.12 m11.3 × 10.2 ft—
Bedroom 2Second3.12 × 2.74 m10.2 × 9.0 ft—
Utility RoomLower7.14 × 5.74 m23.4 × 18.8 ft—
OtherLower2.77 × 1.55 m9.1 × 5.1 ft—

Features

  • Other

Property details

Property

Property type
detached
Bedrooms
2
Bathrooms
1
Interior size
700 sq ft
Lot size
25 × 125 ft
Possession
30-60 Days

Interior

Basement
Unfinished
Heating
Forced Air · Gas
Cooling
Central Air
Exposure
South

Exterior & services

Construction
Aluminum Siding
Parking spaces
2
Sewer
Sewer

Costs

List price
$759,000
Property taxes
$3,867 / year (2026)
Price per sq ft
$1,084
Rental items
Hot Water Tank 25.87 per monthShowing Requirements

Listing

MLS® number
W14028180
Status
For sale
Listed
October 13, 2026
Days on market
22
Last updated
October 14, 2026
Listing brokerage
RE/MAX PROFESSIONALS INC.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 0% of comparable detached listings in Mimico are asking less.

$961KMedian $1.35M$2.20M
This home
$1,084 / sq ft
Comparable median
$1,057 / sq ft

Based on 24 comparable active detached listings in Mimico. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.7% · minimum $50,900
$50,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,915.21
Property tax (est.)
$322.27
Estimated monthly
$4,237

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$11,655
Toronto municipal
$11,655
Total due on closing
$23,310

An estimate on the asking price of $759,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX PROFESSIONALS INC.. 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.

$759,000

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