
498 Melrose Avenue
Toronto (Bedford Park-Nortown), ON M5M 2A2
- 4Bedrooms
- 4Bathrooms
- 1Garage
- 2000–2500Sq Ft
- $12,080Tax
- 30×107 ftLot Size
- Estimated Value:$2,334,000See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 498 Melrose Avenue, Toronto, Bedford Park-Nortown
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-02-17 | 2026-02-20 | Login to See Prices | Sold | c12792886 |
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About 498 Melrose Avenue, Toronto, Bedford Park-Nortown
Summarized Description
- Beautifully newer built home from 2017
- Modern kitchen with quartz countertops and stainless steel appliances
- Private backyard ideal for entertaining and gardening
- Four spacious bedrooms including a primary retreat
- Finished lower level for recreation or media
- Located in a sought-after family neighbourhood
- Move-in ready with exceptional comfort and convenience
- Bright, open living spaces filled with natural light
Welcome to 498 Melrose Avenue, a beautifully newer built (2017) home offering the perfect blend of comfort, style, and functionality in a sought-after family neighbourhood. Thoughtfully designed, this inviting residence features bright, spacious principal rooms ideal for both everyday living and entertaining. A welcoming entry leads to a sun-filled living and dining area, perfect for gathering with family and friends. The modern kitchen features ample cabinetry, top-of-the-line stainless steel appliances, quartz countertops, marble floors, and a functional layout seamlessly connected to the main living spaces, creating a natural hub for daily life. Hardwood floors and large windows throughout fill the home with natural light, enhancing its warm and inviting atmosphere. Step outside to enjoy a private backyard, perfect for summer entertaining, gardening, or relaxing outdoors. The upper level offers four well-proportioned bedrooms, including a spacious primary retreat providing a peaceful space to unwind. Additional bedrooms offer flexibility for growing families, guests, or home office needs. The finished lower level, complete with a 3-piece bath, expands the living space and is ideal for a recreation room, media area, gym, or playroom. Conveniently located close to parks, schools, shopping, transit, and everyday amenities, this move-in-ready home offers exceptional comfort and convenience in a welcoming community - an excellent opportunity for families seeking a fantastic place to call home.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $12,080
- Land Transfer Tax Fee
- $92,900
- Basement Type
- Finished
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Central Vacuum, Auto Garage Door Remote, Storage
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Shingles
- Foundation Details
- Unknown
- Special Designation
- Unknown
Lot
- Lot Front
- 30.03 ft
- Lot Depth
- 107.14 ft
Inclusions
- Inclusions
- Stainless steel appliances - G.E. Morgan gas stove, bottom freezer fridge, Miele dishwasher, LG white washer/dryer, all electric light fixtures (except as excluded). Turf backyard, security system.
Exclusions
- Exclusions
- Foyer light fixture, 2 Living room wall scones, Shelving in kitchen (above desk, Shelving in both kids bedrooms, Shelving in storage room.
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
- 4
- Washrooms
- 4
- Kitchens
- 1
Room sizes
- Living Room—Main level, Combined w/Dining, Hardwood Floor, Pot Lights
- Dining Room—Main level, Combined w/Living, Hardwood Floor
- Kitchen—Main level, Marble Floor, Quartz Counter, Stainless Steel Appl
- Primary Bedroom—Second level, 4 Pc Ensuite, Walk-In Closet(s), Hardwood Floor
- Bedroom 2—Second level, Hardwood Floor, Closet, Ceiling Fan(s)
- Bedroom 3—Second level, Hardwood Floor, Closet, Ceiling Fan(s)
- Bedroom 4—Second level, Hardwood Floor, Closet
- Breakfast—Main level, W/O To Deck
- Recreation—Lower level, 3 Pc Bath, Hardwood Floor, Pot Lights
Washrooms
- 2-piece, Main
- 4-piece, Second
- 3-piece, Lower
- Municipality
- Toronto
- Neighbourhood
- Bedford Park-Nortown
- Main cross streets
- Melrose / Ledbury
- Directions
- Melrose, west of Avenue Road
- MLS® number
- C12792886
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-02-20
- Listed on
- 2026-02-17
- Days on market
- 3 days
- Possession date
- 2026-05-31
- Possession type
- Flexible
- Co-op commission
- 2.5
- Seller
- Listed by
- REMAX YOUR COMMUNITY REALTY
Home Market Value
Current home valuation for 498 Melrose Avenue, Toronto, Bedford Park-Nortown, Toronto, ON. Listed for $2,399,000
HOMEH Estimate
$2,334,000
Estimated Sales Range
$1,843,860 - $2,824,140
HOMEH Estimate for 498 Melrose Avenue, Toronto, Bedford Park-Nortown
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
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$479,800
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,919,200 | $1,799,250 | $1,679,300 | $1,559,350 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $9,371monthly | $8,785monthly | $8,199monthly | $7,614monthly |
Land Transfer Tax
$46,450
$46,450
$92,900
Around this home
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