For Lease
Just Listed
173 Melrose Street
Mimico, Toronto, ON
$3,450
2Bd
2Ba
900+sqft
3Parking
40 x 125.5 ftlot
$4/sqft
DetachedMLS# W13667708Listed 2026-08-121 DOM
Cooling
Central Air
Basement
Finished
Just listed! New listings in Toronto often receive offers within the first week.
About this home
Beautifully Renovated Bungalow In A Prime, Family-Friendly Location! Extensively Renovated Approx. One Year Ago *Situated in a prime location, this home features 3-car parking, a spacious backyard with newer sheds, and a walk-out deck perfect for entertaining or relaxing. *Step inside to discover newer engineered hardwood flooring on the main level and vinyl flooring in the bright basement. *The entire home has been freshly painted, and includes newer washrooms, pot lights, newer windows, and an updated driveway. *The modern kitchen boasts stainless steel appliances, granite countertops, and ample cabinet space. *Newer Dishwasher and Washer. *The look-out basement features large windows, offering plenty of natural light and a spacious feel. *Located in a family-friendly neighbourhood with easy access to QEW, Gardiner, and Hwy 427, this home is just a short walk to the GO Train, as well as shops and restaurants on Royal York. *Don't miss this great opportunity to live in the city while enjoying the charm and comfort of a fully upgraded home.
RenovatedHardwood
Rooms
Main Floor
| Living Room | 4.75 × 3.35 m | Hardwood Floor Combined w/Dining W/O To Porch |
| Dining Room | 4.75 × 3.35 m | Hardwood Floor Open Concept Large Window |
| Kitchen | 3.35 × 1.82 m | Hardwood Floor Granite Counters Stainless Steel Appl |
| Primary Bedroom | 3.44 × 3.07 m | Hardwood Floor Large Window |
| Bedroom 2 | 3.07 × 2.43 m | Hardwood Floor California Shutters |
Basement
| Recreation | 8.53 × 3.16 m | Vinyl Floor Window |
Features
- Carpet Free
- Finished
- Central Air
- Bungalow
Financials
Estimated Rental Income
Entire property$2,600 – $3,800/mo
Basement apartment$1,800 – $2,500/mo
Rental yield904.3% – 1321.7%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Toronto
Days on market1 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%
Ownership53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil
Other rentals like this
Similar rentals in Toronto
Same property type, similar price, similar size — currently for rent.
For LeaseJust listed
$3,500
Detached
390 Palmerston Boulevard Laneway #Laneway, Palmerston-Little Italy
Toronto, ON
1 bd
1 ba
—
0
MLS# C13674012Royal Lepage Signature Realty
WhatsApp Aman
For Lease21 days ago
$3,100
Detached
Main - 74 Valentine Drive, Parkwoods-Donalda
Toronto, ON
3 bd
2 ba
1,300
4
MLS# C13604014Homelife Landmark Realty Inc.
WhatsApp Aman
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
70
/ 100
Walk Score
Very Walkable
68
/ 100
Transit Score
Good Transit
68
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
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.