Listed for:Listed 3 days ago
$999,116

116A Melrose Street

Etobicoke (Mimico), ON M8Y 1B3

Semi-Detached House For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 116A Melrose Street, Etobicoke, Mimico

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 116A Melrose Street, Etobicoke, Mimico

Summarized Description

  • Located in desirable Mimico neighborhood.
  • Features 3+1 bedrooms and 3 bathrooms.
  • Partly finished basement with walk out.
  • Minutes from Mimico GO Station.
  • Close to Lake Ontario waterfront trails.
  • Top rated schools nearby.
  • Great potential for renovations and updates.
  • Opportunity to build equity in South Etobicoke.

Welcome to 116A Melrose St in the heart of highly desirable Mimico! A wonderful canvas awaiting your personal style! This home offers a solid layout and great bones, ready for you to bring your own design ideas, updates, and custom finishes. Featuring 3+1 bedrooms, 3 bathrooms, and a partly finished basement with walk out, this property is packed with potential. The main levels offer 3 bedrooms and generous storage space throughout. The lower level features direct walk out access, along with a 4th bedroom and a full bathroom, ideal for a guest space, home office, or potential secondary suite. Unbeatable location on a quiet street just minutes from the Mimico GO Station, Lake Ontario waterfront trails, top rated schools, and quick highway access to Downtown Toronto. Property requires some updates and is priced accordingly. An extraordinary chance for renovators, investors, or end-users to build massive equity in South Etobicoke!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,467
Land Transfer Tax Fee
$32,915

Rental Items

Rental Equipment
Hot Water Heater

Basement Type
Partially Finished

Interior Features

Interior Extras
Other
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Park, Public Transit, Rec./Commun.Centre, School, School Bus Route

Building

Building Type
Semi-Detached
Building Style
2-Storey

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Unknown
Special Designation
Unknown

Lot

Lot Front
25.00 ft
Lot Depth
125.00 ft

Inclusions

Inclusions
Fridge, Stove, Dishwasher, Washer, Dryer, Electrical Light Fixtures, 3 Convenient Parking Spaces

Parking & Garages

Garage Type
Built-In
Garage Spaces
1
Parking Spaces
2
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
3
Washrooms
2
Kitchens
1

Room sizes

  • Room—
  • Bedroom 3—
    Second level
  • Bedroom 4—
    Basement level
  • Dining Room—
    Main level
  • Kitchen—
    Main level
  • Primary Bedroom—
    Second level
  • Living Room—
    Main level
  • Bedroom 2—
    Second level

Washrooms

  • 4-piece, Second
  • 2-piece, Main

Municipality
Etobicoke
Neighbourhood
Mimico
Main cross streets
Melrose St & Milton St
Directions
Melrose St & Milton St

MLS® number
W14109152
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-22
Updated on
2026-10-23
Days on market
3 days
Possession type
90+ days
Co-op commission
2.5% plus HST
Seller
Listed by
ROYAL LEPAGE SIGNATURE REALTY

Home Market Value

Current home valuation for 116A Melrose Street, Etobicoke, Mimico, Etobicoke, ON. Listed for $999,116

HOMEH Estimate

?

$1,198,939

Estimated Sales Range

?

$719,364 - $1,678,515

HOMEH Estimate for 116A Melrose Street, Etobicoke, Mimico

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$1,198,939Low confidence
Based on 7 comparable properties
− $199,823 (17%) below our estimate — Good deal!
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Etobicoke, ON
Minimum Down Payment Required:7.5%

5% on first $500K + 10% on $499,116 over $500K

Minimum down payment

$74,912

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$36,967$27,875$23,779$0
=Total mortgage
$961,149$927,079$873,028$799,293
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,693monthly$4,526monthly$4,263monthly$3,903monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$16,457

Municipal (Toronto)

$16,457

Total Land Transfer Tax

$32,915

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