336 Melrose Avenue, Toronto, ON
Bedford Park-Nortown, Toronto · MLS® C13225444
About this home
Welcome to 336 Melrose Ave ! This Beautifully Designed Home Showcases Split Level Hardwood Stairs with Glass Railings, Floor to Ceiling Stone Accents, and Impressive Ceiling Height. The Open Concept Design Feels Bright and Spacious, While the Combination Of Warm Wood, Modern Finishes and Statement Lighting Creates a Sophisticated yet Welcoming Atmosphere. A Secluded Outdoor Oasis Nestled Among Mature Trees and Lush Landscaping is Designed for Both Intimate Evenings and Stylish Gatherings.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- C13225444
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000
- Lot
- 25 × 150 ft
- Cross streets
- Avenue Road / Lawrence
- Parking
- 1 garage · 5 parking (built-in)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Other
- Roof
- Other
- Sewer
- Sewer
- Property tax
- $13,732 / 2025
- Days on market
- 51
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
combined w/living · hardwood floor · skylight
picture window · pot lights · large closet
built-in speakers · gas fireplace · pot lights
built-in speakers · b/i shelves · pot lights
hardwood floor · double closet · picture window
w/o to balcony · hardwood floor · pot lights
california shutters · quartz counter · picture window
above grade window · closet · hardwood floor
walk-in closet(s) · california shutters · 6 pc ensuite
Listed at $3,888,000, this home is tracking about 30% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.
In Bedford Park-Nortown lately, sellers have been getting about 95% of asking and homes sell in about 29 days.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 16 similar homes nearby, adjusted for size, beds, and baths.Median of 16 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.98M, a close match.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $2.90M
- Bathrooms +$30K
- Adjusts to $2.93M
That comparable adjusts to $2.93M; the $2.98M estimate above is the median of all 16 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On schools, this address is zoned for Lawrence Park Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
Total price vs nearby homes. Fair value about $2.98M, median of 16 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 22% above the area average of $1,161/sqft.
50 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Bedford Park-Nortown, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $3,110,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $16,598
- Property tax
- $1,144
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $17,743
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $83,675
- Toronto municipal land transfer tax
- $92,555
- Estimated closing costs
- $176,230
Plus your down payment of $777,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $995,895
- Principal paid down
- $396,110
- Interest paid
- $599,785
- Balance remaining
- $2,714,290
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.