121 Melrose Street, Unit 2, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey fourplex located in the coveted neighborhood of Mimico. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,950 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft
- 1.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 121 Melrose St #2 - A Beautifully Updated Move-In Ready Residence Ideally Located In Highly Sought After Mimico. Offering A Perfect Blend Of Comfort, Style, And Convenience, This Spacious 2 Bedroom Suite Features A Functional Layout With Generous Principal Rooms, Large Above Ground Windows That Fill The Space With Natural Light, And A Brand New Chef's Kitchen, Complete With New Appliances And Stunning Custom Backsplash. An Open Concept Living / Dining Room Provides A Flexible Layout For Easy Everyday Living And Entertaining, Plus Spacious Bedrooms And Storage. Situated On A Quiet, Tree-Lined Street, Just Steps To TTC Stops, Schools, Shopping, Dining And Everyday Amenities Including Groceries, Parks, And More. Complete With 1 Surface Level Parking Spot.
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Property Summary
This fourplex located at 121 Melrose Street, Toronto is currently for sale and has been available on SousaSells for 1 day. This property is listed at $1,950 with an estimated mortgage of $6* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 121 Melrose Street, Toronto is in the Mimico neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Mimico, Toronto.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-1100 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Other
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Toronto?
If you are looking for a house in Toronto or researching Toronto real estate for sale, this 2-bedroom fourplex at 121 Melrose Street, Unit 2, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Toronto Buyer Budget & Costs
Estimated mortgage: $6*/month*. Estimated Ontario Land Transfer Tax: $20. First-time Toronto home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Toronto
Frequently Asked Questions about 121 Melrose Street, Unit 2, Toronto, ON
Q.What is the asking price for 121 Melrose Street, Unit 2, Toronto, ON ?
The current listing price for 121 Melrose Street, Unit 2, Toronto, ON in Mimico, Toronto is $1,950.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 700-1100 sqft.
Q.What property type and architectural style is 121 Melrose Street, Unit 2, Toronto, ON ?
121 Melrose Street, Unit 2, Toronto, ON is a Fourplex (2-Storey) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Other.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Mimico-Queensway, Toronto
872 assaults (3705.0/100k)
51 B&E (216.7/100k)
79 thefts (335.7/100k)
Elevated vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 121 Melrose Street 2, Toronto, ON M8Y 1B4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,950 in Toronto, the legal minimum down payment is $98 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10 also applies, bringing the total estimated land transfer taxes to $20.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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