116A Melrose Street, Toronto, ON M8Y 1B3
Mimico, Toronto · Near Melrose St & Milton St · View map
About this home
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!
The home
- Type
- Semi-detached home
- Style
- 2-Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 3
- Basement bedrooms
- 1
- Bathrooms
- 3
- Kitchens
- 1
- Rooms
- 7
- Basement
- Partially Finished, Separate Entrance
- Lot size
- 25 x 125 ft
- Faces
- North
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Built-In
- Garage spaces
- 1
- Driveway spaces
- 2
- Total parking
- 3
- Parking features
- Private
Taxes & other
- Property taxes
- $4,467/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- 90-120 Days
- Cross street
- Melrose St & Milton St
- Neighbourhood
- Mimico
More
- Price per sq ft
- ~$571 (at 1,750 sq ft)
- MLS® number
- W14109152
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The home and its surroundings
- Park
- Public Transit
- Rec./Commun.Centre
- School
- School Bus Route
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
116A Melrose Street, Toronto, ON M8Y 1B3
Mimico, Toronto · Near Melrose St & Milton St
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Listing history for 116A Melrose Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 116A Melrose Street
Answers come straight from this home’s MLS® listing.
How much is 116A Melrose Street listed for, and what would it cost each month?
116A Melrose Street is listed for $999,116. With 20% down ($199,823), the mortgage payment would be roughly $4,030 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,402 a month, all in. That figure is an illustration, not a quote.
Is 116A Melrose Street freehold or a condo, and is there a monthly fee?
116A Melrose Street is a semi-detached home in Mimico, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 116A Melrose Street have?
116A Melrose Street has 3 bedrooms, plus 1 more bedroom in the basement, and 3 bathrooms. The listing gives the style as 2-storey.
Does 116A Melrose Street have a garage and parking?
Yes. The listing shows the garage as built-in, with room for 1 car. The driveway adds 2 spaces. In total the listing counts 3 parking spaces.
Does 116A Melrose Street have a finished basement?
The listing describes the basement as partially finished, separate entrance. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 116A Melrose Street?
116A Melrose Street is a semi-detached home. A semi-detached home shares one side wall with the home next door.
How big is 116A Melrose Street, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 25 x 125 ft.
How is 116A Melrose Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 116A Melrose Street?
Property taxes are $4,467 a year (2026), or about $372 a month.
Where is 116A Melrose Street?
116A Melrose Street is in the Mimico community of Toronto. The nearest main intersection is Melrose St & Milton St. The postal code is M8Y 1B3.
Is 116A Melrose Street still for sale?
Yes. It is an active listing (MLS® W14109152). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 116A Melrose Street asking?
Similar properties for sale nearby right now include 14 Manitoba Street at $999,999 (2 bed), 78 Evans Avenue at $999,999 (4 bed) and 129 Cavell Avenue at $848,000 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 116A Melrose Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 116A Melrose Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
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Semi-detached home$848,000129 Cavell Avenue, Toronto4 bed · 2 bath · MimicoCourtesy of: ROYAL LEPAGE SIGNATURE REALTYView home →Courtesy of: ROYAL LEPAGE SIGNATURE REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.