383 Melrose Ave, Toronto

Name: 383 Melrose Avenue
SKU: C14115602
Price: 2998000 CAD
Availability: InStock

1 Upcoming Open House at 383 Melrose Ave

Drop in during an open house, or book a private viewing at a time that suits you.

Saturday, October 312:00 PM – 4:00 PMIn person · no booking neededAdd to Google Calendar (opens in a new tab)Apple / Outlook (.ics)

4 Bed, 4 Bath Detached Home in Toronto

About 383 Melrose Avenue

Custom-built in 2022, this Bedford Park smart home offers approx. 2,500SF above grade on a 25 x 150 ft. lot, with 4+1 bedrooms, 5bathrooms, a heated foyer, a custom powder room and a walk-up basement with direct garage access and a separate entrance. Quality finishes are enhanced by 10-ft. main-floor, 9-ft. upper-level and 11-ft. basement ceilings. Specialized bay windows in the living room, family room and one bedroom, multiple skylights, adjustable pot lights and fixtures provide abundant natural light. Open-concept living/dining flows into a gourmet kitchen with high-quality porcelain countertops and an oversized porcelain island featuring a waterfall design and extended breakfast bar. Premium Miele appliances include a 36-in. 6burner gas range, custom-paneled built-in fridge and freezer, speed oven, full-size oven and dishwasher. Family room features a gas fireplace, custom TV wall and walkout to a deck with BBQ grill overlooking the landscaped backyard. Primary suite offers a custom electric fireplace/TV wall, organized walk-in closet and spa-inspired 5-piece ensuite with heated floors and smart toilet. Basement offers heated floors, a nanny bedroom, full bath, rec room with garden walkout, home-office potential and cold room. Enjoy a snow-melt driveway, porch and stairs; premium interlocking and precast stone; natural front lawn; backyard artificial turf; and firepit with benches and integrated lighting. Smart-home features include security cameras, programmable front light fixture, backyard and soffit lighting, built-in indoor/outdoor sound system, select remote blinds, automatic sprinkler system, central vacuum and two laundry sets. Insulated garage with epoxy flooring and remote opener. Steps to Avenue Rd. shops and dining, top-rated schools, parks and TTC; near Yonge & Lawrence with easy Hwy. 401 access. A rare luxury home on a 150-ft. lot in one of Toronto's most desirable neighborhoods.

4 bedrooms, 4 bathrooms, about 2,000 sq ft, works out to roughly $1,499 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 383 Melrose Ave

Every detail from the listing, in one place.

Type: Detached
Style: 2-Storey
Living space: 2000-2500 sq ftas stated on the listing
Parking: 3 spacesYes garage
Basement: Finished, Separate Entrance

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 3

Interior

Basement: Finished · Separate Entrance

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Detached

383 Melrose Ave Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 26, 2026For saleListedThis listingMLS® C14115602$2,998,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 383 Melrose Ave Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 15,938 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $840,000
Average sold price: $1,081,109
Average days on market: 31
Homes sold: 9,511

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$840,000Last 90 days
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4987.8%On average, homes sold at or above asking.
Active listings12,334Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 29 – Jul 28, 2026.

Based on 9,511 sales from Jul 28 – Oct 26, 2026 (6,903 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home383 Melrose Avenue 4 bd · 4 ba · 2,000 sqft	$2,998,000asking	$1,499	—	—
119 McNicoll Avenue 3 bd · 2 ba · 1,100 sqft
556 Davisville Avenue 3 bd · 2 ba · 1,100 sqft
308 Oriole Parkway 4 bd · 2 ba · 1,500 sqft
15 Monarchwood Crescent 3 bd · 2 ba · 1,100 sqft
10 Springbank Avenue 4 bd · 4 ba · 3,500 sqft
87 Winstanly Crescent 3 bd · 2 ba · 1,100 sqft

119 McNicoll Avenue
3 bd · 2 ba · 1,100 sqft
556 Davisville Avenue
3 bd · 2 ba · 1,100 sqft
308 Oriole Parkway
4 bd · 2 ba · 1,500 sqft
15 Monarchwood Crescent
3 bd · 2 ba · 1,100 sqft
10 Springbank Avenue
4 bd · 4 ba · 3,500 sqft
87 Winstanly Crescent
3 bd · 2 ba · 1,100 sqft

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Lawrence StationLine 11.4 km18 min walk
York Mills StationLine 12.0 km25 min walk
Yorkdale StationLine 12.3 km

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Lawrence Station (Line 1)18 min walk
York Mills Station (Line 1)25 min walk
Yorkdale Station (Line 1)2.3 km

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Lawrence Station
1.4 km18 minClosest· Line 1
Homes near Lawrence Station
York Mills Station
2.0 km25 min· Line 1
Homes near York Mills Station
Yorkdale Station
2.3 km· Line 1
Homes near Yorkdale Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 383 Melrose Ave. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 383 Melrose Ave

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $14,728; 20% down · 25 years · 5.5% assumed
Property tax: $1,649; 0.66% mill rate · ON
Total per month: $16,377; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$14,728

/mo

based on the purchase price of $2,998,000

Down payment20%

$599,600 cash

Amortization25 yr

$2,398,400 financed

Rate5.50%

$2,020,082 total interest

Principal54%$2,398,400

Interest46%$2,020,082

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

Book a tour of 383 Melrose Ave with a licensed buyer's agent

Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.

Zara, any time

Zara · AI virtual agent

Ask about 383 Melrose Ave day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.

A licensed local agent

Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.

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Questions About 383 Melrose Ave

How much is 383 Melrose Ave listed for?

383 Melrose Ave is listed at $2,998,000 (MLS® C14115602). Summitly updates the price as soon as the MLS® record changes.

Is $2,998,000 a good price for 383 Melrose Ave?

Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 383 Melrose Ave changed?

No — 383 Melrose Ave is still listed at its original asking price of $2,998,000.

How many bedrooms and bathrooms does 383 Melrose Ave have?

383 Melrose Ave has 4 bedrooms and 4 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Toronto.

Is 383 Melrose Ave close to transit?

The nearest rapid-transit station is Lawrence Station (Line 1), about 1.4 km (about a 18-minute walk) in a straight line. York Mills Station is about 2.0 km (about a 25-minute walk), and Yorkdale Station is about 2.3 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 383 Melrose Ave?

About $14,728 a month — principal and interest on $2,998,000 with 20% down ($599,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

Are there open houses at 383 Melrose Ave?

Yes — Saturday, October 31, 2:00 PM – 4:00 PM. Open-house times come from the listing brokerage and can change, so check this page before you go, or book a private viewing.

How does 383 Melrose Ave compare with other homes in Toronto?

Its asking price of $2,998,000 is about 257% above the median sold price in Toronto over the last 90 days, $840,000, across 9,511 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 383 Melrose Ave been sold before?

Summitly has no earlier MLS® sale or lease of 383 Melrose Ave on record from the last two years. Older records aren't shown under TRREB rules.

Where is 383 Melrose Ave?

383 Melrose Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 383 Melrose Ave been on the market?

383 Melrose Ave was listed today (October 26, 2026).

What is the price per square foot of 383 Melrose Ave?

About $1,199 to $1,499 per square foot: the asking price of $2,998,000 over the 2,000–2,500 sq ft the listing gives as its size range.

What you should know

1 Upcoming Open House at 383 Melrose Ave

4 Bed, 4 Bath Detached Home in Toronto

About 383 Melrose Avenue

Inside 383 Melrose Ave

Features & systems

383 Melrose Ave Price & Sale History

How 383 Melrose Ave Compares to the Toronto Market

Toronto market, last 90 days

Recently sold nearby in Toronto

Living in Toronto: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 383 Melrose Ave

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Melrose Avenue? See what yours is worth

Zara, any time

A licensed local agent

See 383 Melrose Ave, Toronto in person

Similar homes for sale nearby in Toronto

Explore More Detached Homes in Toronto

1 Upcoming Open House at 383 Melrose Ave

4 Bed, 4 Bath Detached Home in Toronto

About 383 Melrose Avenue

Inside 383 Melrose Ave

Features & systems

383 Melrose Ave Price & Sale History

How 383 Melrose Ave Compares to the Toronto Market

Toronto market, last 90 days

Market pulse · Toronto

Recently sold nearby in Toronto

Living in Toronto: Location & Amenities

Transit nearby

Transit

How long is your commute?

Costs, Mortgage & Rental Return for 383 Melrose Ave

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Melrose Avenue? See what yours is worth

Zara, any time

A licensed local agent

See 383 Melrose Ave, Toronto in person

Questions About 383 Melrose Ave

How much is 383 Melrose Ave listed for?

Is $2,998,000 a good price for 383 Melrose Ave?

Has the price of 383 Melrose Ave changed?

How many bedrooms and bathrooms does 383 Melrose Ave have?

Is 383 Melrose Ave close to transit?

How much would the monthly mortgage be on 383 Melrose Ave?

Are there open houses at 383 Melrose Ave?

How does 383 Melrose Ave compare with other homes in Toronto?

Has 383 Melrose Ave been sold before?

Where is 383 Melrose Ave?

How long has 383 Melrose Ave been on the market?

What is the price per square foot of 383 Melrose Ave?

Similar homes for sale nearby in Toronto

Explore More Detached Homes in Toronto

Market pulse · Toronto

Transit nearby

Transit

Questions About 383 Melrose Ave

How much is 383 Melrose Ave listed for?

Is $2,998,000 a good price for 383 Melrose Ave?

Has the price of 383 Melrose Ave changed?

How many bedrooms and bathrooms does 383 Melrose Ave have?

Is 383 Melrose Ave close to transit?

How much would the monthly mortgage be on 383 Melrose Ave?

Are there open houses at 383 Melrose Ave?

How does 383 Melrose Ave compare with other homes in Toronto?

Has 383 Melrose Ave been sold before?

Where is 383 Melrose Ave?

How long has 383 Melrose Ave been on the market?

What is the price per square foot of 383 Melrose Ave?