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Price Change$1,650,000

217 Melrose Avenue

4504 - Civic Hospital, Dows Lake - Civic Hospital and Area

$1,450,000

Detached|3-Storey
4 | 5 | 6
About this home

This beautifully designed circa 1920s Tudor-style home blends timeless character with thoughtful updates in an exceptional location. Situated near the Civic Hospital, parks, cycling paths, and the Central Experimental Farm, the property offers the convenience of urban living while enjoying the privacy and charm of a mature residential setting. A classic centre hall plan welcomes you inside, where rich woodwork, hardwood flooring, elegant mouldings, decorative glass details, and French doors reflect the craftsmanship and architectural character of the era. The updated kitchen features white cabinetry, a centre island, ample storage and preparation space, and a breakfast nook overlooking the backyard. The second floor offers three well-proportioned bedrooms. Occupying the third level, the private primary suite features a sitting room, walk-in closet, and ensuite bathroom. The lower level extends the living space with a recreation room and two additional bedrooms, providing flexibility for family living, guests, or a home office. Surrounded by mature landscaping, the exterior offers excellent curb appeal with perennial gardens, mature trees, a private backyard with deck, interlock driveway, driveway parking, and a double garage. Convenient access is available through both the front and side entrances.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style3-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$15,444
Lot Size100 ft x 87.17 ft
mls© NumberX13469464
Listed ByROYAL LEPAGE TEAM REALTY

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$7,422
Property tax
$1,287
Heat allowance
$150
Housing costs
$8,859 / mo

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

Down payment20% · $290,000
25-yr amortization

Income needed

$273,000

gross annual household income

Payment at 4%
$6,102 / mo
Cash down
$290,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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