262 Melrose Street
262 Melrose Street
$819,000
5 days on market
About This Listing
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, cafés, 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.
| Monthly Mortgage (P&I) | $3,568 |
| Property Tax (MLS) | $322 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $3,891 |
Down payment: $163,800 (20.0%) · Mortgage: $655,200
Property tax uses MLS annual tax of $3,867/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by RE/MAX PROFESSIONALS INC.
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Data last updated: August 23, 2026 at 06:25 a.m.