For sale · Detached · 1 1/2 Storey
262 Melrose Street.
Mimico, Toronto, ON M8Z 1G6
Balanced market
House market in Mimico. Sales and new listings are roughly in step, so neither side has a clear edge. Homes here sell in about 17 days. Market data
Sales-to-new-listings ratio, last 3 months: 43%
Months of supply: 3.6
What it means
- Balanced market in Mimico: houses take about 17 days to sell.
- About 3.6 months of houses for sale in Mimico at the current pace of sales.
At a glance
About this home
Attention builders, investors, renovators, and first-time buyers. Welcome to this charming two-bedroom home in the heart of sought-after Mimico, in South Etobicoke. Set on a generous deep lot, this well-maintained property offered as is, presents fantastic potential to renovate or expand. Inside, enjoy a sun-filled main level, new flooring throughout, fresh paint, and a separate side entrance with excellent potential for future rental income or an in-law suite. Step outside to a spacious backyard, perfect for entertaining, gardening, or future expansion. Ideally located just minutes from the lake, waterfront trails, Mimico GO Station, Highway 427, the QEW, excellent schools, cafes, restaurants, shops, The Queensway, and Sherway Gardens. A rare opportunity to secure a prime piece of real estate with exceptional lifestyle and long-term value.
Home details
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The homeproperty type, style, size, heating
- Property type
- Detached
- Style
- 1 1/2 Storey
- Size
- 700–1,100 sq ft
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Unfinished
- Lot size
- 25 × 125 feet
- Possession
- 30-60 Days
Parking and storageparking, garage
- Parking
- 2
- Garage
- None
Fees and taxesproperty taxes, price per sq ft
- Property taxes
- $3,867 (2026)
- Price per sq ft
- $843
Rooms9 rooms with sizes
| Room | Level | Size | Features |
|---|---|---|---|
| Primary Bedroom | Second | 3.43 × 3.12 m | |
| Utility Room | Lower | 7.14 × 5.74 m | |
| Kitchen | Main | 2.84 × 2.77 m | |
| Bedroom 2 | Second | 3.12 × 2.74 m | |
| Other | Lower | 2.77 × 1.55 m | |
| Living Room | Main | 4.29 × 3.45 m | |
| Foyer | Main | 2.16 × 1.4 m | |
| Mud Room | Main | 2.46 × 2.36 m | |
| Dining Room | Main | 3.61 × 2.87 m |
What is includedAppliances and fixtures
All Electrical Light Fixtures, Window Coverings, Refrigerator & Stove.
What it could cost each month
— a month, estimated
With 20% down. Includes property tax. Estimate only.
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- Mortgage—
- Mortgage insurance (added to loan)—
- Property tax—
Down payment —. Estimate only, using Canadian semi-annual compounding; your lender's numbers will differ.
How this price compares
Members52 similar detached houses sold in Mimico in the last 12 months.
Sales activity nearby
Number of similar detached houses sold each quarter.
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Sale and listing history
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The area
Listing brokerage · MLS® W14028180Re/max Professionals Inc.Data last updated Oct 14, 2026 2:09 pm.
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