262 Melrose Street
Mimico, Toronto, M8Z 1G6
$759,000
- 2 bedrooms
- 1 bathrooms
- 2 parking
- 700-1100 sq ft
Listed 7 days ago · 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.
Details
- Type
- Detached
- Style
- 1 1/2 Storey
- Size
- 700-1100 sq ft
- Lot
- 25 × 125 ft
- Basement
- Unfinished
- Garage
- None
- Kitchens
- 1
- Property tax
- $3,867 (2026)
- Neighbourhood
- Mimico
- Municipality
- Toronto W06
- Price per sq ft
- $843 (5% below detached houses in Mimico, $887)
Interior
- Bedrooms
- 2 above ground
- Bathrooms
- 1 × 4-piece (second)
- Rooms
- 6 above ground + 1 below
- Family room or den
- No
- Fireplace
- No
Heating, cooling and services
- Heating
- Forced Air, Gas
- Air conditioning
- Central Air
- Water and sewer
- Sewer
Building and exterior
- Style
- 1 1/2 Storey
- Exterior
- Aluminum Siding
- Roof
- Asphalt Shingle
- Foundation
- Brick
- Faces
- South
Parking
- Total parking
- 2
Lot
- Size
- 25 × 125 ft
More
- Possession
- 30-60 Days
- Cross street
- Royal York & The Queensway
Rooms
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 2.16 × 1.4 m (7'1" × 4'7") | |
| Kitchen | Main | 2.84 × 2.77 m (9'4" × 9'1") | |
| Dining Room | Main | 3.61 × 2.87 m (11'10" × 9'5") | |
| Living Room | Main | 4.29 × 3.45 m (14'1" × 11'4") | |
| Mud Room | Main | 2.46 × 2.36 m (8'1" × 7'9") | |
| Primary Bedroom | Second | 3.43 × 3.12 m (11'3" × 10'3") | |
| Bedroom 2 | Second | 3.12 × 2.74 m (10'3" × 9') | |
| Utility Room | Lower | 7.14 × 5.74 m (23'5" × 18'10") | |
| Other | Lower | 2.77 × 1.55 m (9'1" × 5'1") |
History of this address
2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Very walkable
- 🚆 Mimico GO8 min walk
Within a 10-minute walk: 3 grocery stores, 32 cafés and restaurants, 11 parks, 3 pharmacies. Nearest grocery: Blooms & General (50 m). Nearest park: Alan-Oxford Parkette (400 m).
Schools nearby
Elementary
- George R Gauld Junior School
EQAO: Gr 3 reading 82%, math 63%3 min walk - St. Louis Catholic School Catholic
EQAO: Gr 6 reading 100%, math 43%10 min walk - High Park Centennial Montessori School Private10 min walk
- St. Leo Catholic School Catholic
EQAO: Gr 6 reading 96%, math 73%12 min walk
Secondary
- Mimico Adult Centre13 min walk
- Etobicoke School of the Arts
EQAO: Gr 9 math 68%, literacy test 92%1.2 km - Karen Kain School of the Arts1.2 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area M8Z
- Owners / renters
- 80% / 20%
- Median household income
- $111,000
- Average age
- 41
- Children under 15
- 15%
- Homes
- 55% detached, 23% high-rise
- Commute by transit
- 18%
- Population
- 19,312
Languages spoken most at home besides English: Tibetan 2.5%, Italian 1.8%, Portuguese 1.4%, Polish 1.3%.
Flood and conservation No mapped hazard
Not inside a mapped flood plain or regulated area.
Screening maps only. Ask the conservation authority for a property inquiry before relying on this.
Safety
Major crime per resident in Mimico-Queensway (2025): 254% above the Toronto average, up 9% from the year before.
- Assault448% above average
- Break and enter30% below average
- Auto theftabout average
- Robbery47% below average
- Theft from vehicles53% below average
- Shootingsnone reported
Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).
Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.
Development nearby 18 active
-
464 ROYAL YORK RD · 150 mSite Plan · Under Review · applied 2025Proposed redevelopment of the subject property with a 12-storey apartment building containing 112 purpose-built rental apartment dwelling units.Application details
-
95 PORTLAND ST · 250 mSite Plan · NOAC Issued · applied 2025Proposed construction of the proposed Block C transitional housing facility on the property municipally known as 31 Windsor Street and 95 Portland Street.Application details
-
18 BUCKINGHAM ST · 350 mSite Plan · NOAC Issued · applied 2025Proposed construction of the proposed Block B cooperative affordable housing building on the property municipally known as 18 Buckingham Street, Toronto.Application details
-
327 ROYAL YORK RD · 450 mSite Plan · Under Review · applied 2025Proposed redevelopment of the subject site with a transit-supportive mixed-usedevelopment comprised of a 51-storey mixed-use building on the western portion of…Application details
-
8 NEWCASTLE ST · 500 mSite Plan · Under Review · applied 2024Proposed mixed-use building containing 1,058 units, 23-storey and 27-storey towers atop a nine-storey base building.Application details
-
8 NEWCASTLE ST · 500 mSite Plan · Under Review · applied 2024Proposed 40-storey, 123 metre, mixed-use building containing 413 residential units.Application details
16 more within 500 m.
Rezoning, site plan, subdivision and condominium applications filed with the city.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.
Living here
Commute
To Union Station (downtown Toronto): 10 km. Transit times · Driving times
Noise 1 source nearby
- 🛣️ Gardiner Expressway250 m
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
What can be built RM
Residential Multiple Dwelling (with a site-specific exception).
- ✅ Up to 4 homes on the lot (multiplex)
- ✅ Garden suite in the backyard
- ✅ Laneway suite, if the lot backs onto a lane
From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.
Building permits
No building permits at this address since 2014.
2 permits on this block of the street in the last 2 years.
Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.
Trees
36 City street trees within 100 m. That’s about the Toronto average of 42.
Trees on City boulevards only, not private yards or parks.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Short-term rentals
Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.
Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by RE/MAX PROFESSIONALS INC..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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