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For Sale

360B Melrose Street

Mimico, Toronto, ON
$998,000
0Bd
0Ba
sqft
25 x 125 ftlot
LandMLS# W13549242Listed 2026-07-1016 DOM

About this home

Rare Permit-Issued Individual Building Lot Opportunity - 360 Melrose lot B. Listing Price Is For One Proposed 25 Ft X 125 Ft Lot Only; Full Two-Lot Package Also Available. Attention Builders, Investors, And End Users. Severance Approved With City-Assigned Address And Building Permit Issued For An Architecturally Distinct Modern/Contemporary Detached Home Designed By The Renowned Contempo Studios, Offering Over 2,100 Sq. Ft. Above Grade And Over 2,950 Sq. Ft. Including Basement. All Architectural Drawings, Working Drawings, And Construction Drawings Have Been Completed And Paid For. Permission To Remove Trees Has Been Granted. Buyer Can Start Construction Right Away With The Major Planning, Design, Severance, Tree, And Permit Work Already Completed. Existing Detached 4-Bedroom Bungalow With Basement Currently On Site, Offering Flexibility To Build A Shovel-Ready Project Now Or Hold And Build Later. Ideal For A Builder, Investor, Or End User Looking To Build A Custom Home In A Convenient Etobicoke Pocket, Minutes To Mimico, The Queensway, Sherway Gardens, Major Highways, Parks, Schools, Transit, And Everyday Amenities. Seller Is An HCRA/Tarion Licensed Builder And Can Build For The Purchaser.

Rooms

Main Floor
Living Room5.01 × 3.94 m
Dining Room3.35 × 2.65 m
Kitchen4.30 × 2.30 m
Upper
Primary Bedroom4.67 × 3.56 m
Bedroom 23.58 × 3.35 m
Bedroom 33.30 × 2.80 m
Basement
Bedroom 44.58 × 3.25 m
Pantry3.66 × 2.10 m
Recreation6.05 × 4.01 m

Features

  • None
  • Sidesplit 4

Financials

Annual Taxes
$5,678.1

Estimated Rental Income

Entire property$2,000 – $3,000/mo
Rental yield2.4% – 3.6%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Toronto

Days on market16 days
Buyer's MarketSeller's Market

Based on active listings in Toronto. Data updates daily.

Demographics — Toronto

Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership
53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$998,000
360B Melrose Street, Toronto
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