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New2 hours ago

238 Melrose Avenue

Lawrence Park North, Toronto

$3,395,000

Detached|2-Storey
4 | 6 | 2
About this home

Spectacular Custom-Built Home In The Heart Of The John Wanless Pocket. This Beautifully Crafted Residence Offers Executive Finishes Throughout, With A Large Entertainer's Dining Room Opening To A Stunning Custom Kitchen With All The Bells And Whistles, Including Custom-Painted MDF Cabinetry, Taj Mahal Quartzite Countertops, Premium Thermador Appliances, A Large Centre Island And Breakfast Bar. The Open-Concept Layout Flows Into The Huge Sunken Family Room, Complete With Built-In Speakers, Custom Shelving, A Gas Fireplace And A Flush Walkout To The Patio And Spacious Gardens With A Built-In Hot Tub, Creating The Perfect Setting For Sun-Filled Days, Relaxed Evenings And Unforgettable Nights With Family And Friends. The Second Floor Offers High Ceilings And A Serene Primary Bedroom With A Walk-In Closet And Private 7-Piece Ensuite, Plus 3 Additional Sizable Bedrooms With Ensuite Or Semi-Ensuite Access. The Lower Level Offers Tons Of Additional Space, With A Large Recreation Room Featuring A Wet Bar, Heated Floors And A Gas Fireplace, Plus A Separate Gym, Sauna, Steam Room, Nanny/Guest Suite And Additional Bathrooms. Steps To Yonge Street, John Wanless School, Shops, Restaurants, Cafés, Transit And Everything This Incredible Neighbourhood Has To Offer. You Name It, It's There!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$13,902
Lot Size25 ft x 150 ft
mls© NumberC13755378
Listed ByHARVEY KALLES REAL ESTATE LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$17,377
Property tax
$1,159
Heat allowance
$150
Housing costs
$18,686 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $679,000
25-yr amortization

Income needed

$575,000

gross annual household income

Payment at 4%
$14,287 / mo
Cash down
$679,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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