262 Melrose Street, Toronto, ON M8Z 1G6
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.
Foyer
2.16 x 1.4 m
Main
Kitchen
2.84 x 2.77 m
Main
Dining Room
3.61 x 2.87 m
Main
Living Room
4.29 x 3.45 m
Main
Mud Room
2.46 x 2.36 m
Main
Primary Bedroom
3.43 x 3.12 m
Second
Bedroom 2
3.12 x 2.74 m
Second
Utility Room
7.14 x 5.74 m
Lower
Other
2.77 x 1.55 m
Lower
Interior features
Other
Basement
Unfinished
Bathrooms
1 × 4-piece — Second
Fireplace
No
Family room
No
Kitchens
1
Rooms (above / below grade)
6 above, 1 below
Architectural style
1 1/2 Storey
Construction materials
Aluminum Siding
Foundation
Brick
Roof
Asphalt Shingle
Direction faces
South
Garage type
None
Garage spaces
0
Total parking spaces
2
Driveway parking
2
Lot size
25 x 125 ft
Cross street
Royal York & The Queensway
Directions
Royal York & The Queensway
Neighbourhood
Mimico
Heating
Forced Air — Gas
Cooling
Central Air
Water
Sewer
Sewer
List price
$759,000
Original list price
Annual taxes
$3,867
Tax year
2026
Legal description
PT LT 125, PL 1007 , AS IN EB341541 ; S/T & T/W EB341541 ; ETOBICOKE , CITY OF TORONTO
Inclusions
Exclusions
MLS #
W14028180
Status
Active
Transaction type
For Sale
Property type
Residential Freehold
Property sub type
Detached
Days on market
List date
Possession
30-60 Days
Occupancy
Vacant
Listing brokerage
RE/MAX PROFESSIONALS INC.
$1,447,000
Median list price
18
Active listings
New in last 30 days
Median days on market
Estimated monthly payment
$3,639
Educational estimate only — actual payment depends on your lender, credit, and insurance requirements.
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