262 Melrose Street

Mimico, Toronto, M8Z 1G6

$759,000

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  • 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

RoomLevelSizeFeatures
FoyerMain2.16 × 1.4 m (7'1" × 4'7")
KitchenMain2.84 × 2.77 m (9'4" × 9'1")
Dining RoomMain3.61 × 2.87 m (11'10" × 9'5")
Living RoomMain4.29 × 3.45 m (14'1" × 11'4")
Mud RoomMain2.46 × 2.36 m (8'1" × 7'9")
Primary BedroomSecond3.43 × 3.12 m (11'3" × 10'3")
Bedroom 2Second3.12 × 2.74 m (10'3" × 9')
Utility RoomLower7.14 × 5.74 m (23'5" × 18'10")
OtherLower2.77 × 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 m
    Site Plan · Under Review · applied 2025
    Proposed 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 m
    Site Plan · NOAC Issued · applied 2025
    Proposed 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 m
    Site Plan · NOAC Issued · applied 2025
    Proposed 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 m
    Site Plan · Under Review · applied 2025
    Proposed 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 m
    Site Plan · Under Review · applied 2024
    Proposed 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 m
    Site Plan · Under Review · applied 2024
    Proposed 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.

Full lot check · Run the numbers

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.

City rules

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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