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For SaleDetached · 2-StoreyMLS® #C14166444 · TRREB MLS®

322 Melrose Ave, Toronto, Ontario

Bedford Park-Nortown, Toronto, Ontario M5M 1Z4

Bedrooms
3
Lot Size
25 x 150 ft
Bathrooms
5
Type
Detached
Basement
Finished

$2,995,000

Estimated market value

About 322 Melrose Ave

322 Melrose Ave is a 3-bedroom, 5-bathroom detached house in Bedford Park-Nortown, Toronto, listed for sale at an asking price of $2,995,000 (MLS® C14166444).

Exceptional Design Meets Resort-Style Living in the Heart of Bedford Park! Welcome to 322 Melrose Avenue, a beautifully appointed detached residence where sophisticated finishes ( designed too to bottom by Montana Burnett), thoughtful design and exceptional indoor-outdoor living come together. Situated on a 25 x 150 ft. lot in the coveted John Wanless school district, this remarkable home offers approximately 3,161 sq. ft. of beautifully designed living space across multiple levels. The stunning main floor features an elegant living room with custom built-ins, a spacious dining area perfect for entertaining, and a spectacular chef-inspired kitchen with an oversized centre island, premium appliances, extensive cabinetry and a generous breakfast area. Expansive sliding glass doors open to a private deck, seamlessly connecting the interior to an extraordinary backyard oasis featuring an inground BETZ swimming pool, ideal for summer entertaining and relaxing with family and friends. Upstairs, the luxurious primaryretreat offers a spacious walk-in closet and spa-inspired ensuite, while two additional bedrooms provide comfortable accommodations, including a second ensuite bathroom, and third luxury hall bathroom + secondary upper level laundry. The finished lower level adds valuable living space with a recreation room, additional bathroom, primary large laundry room and storage. Exceptional features include hardwood flooring, heated floors, a heated driveway, backup generator, built-in garage and private driveway parking. This distinctive residence delivers a rare combination of luxury, functionality and architectural character. Enjoy an outstanding family-friendly neighbourhoodclose to excellent schools, parks, shopping, restaurants and all the conveniences of Avenue Road and Yonge Street. A truly special home designed for both everyday living and unforgettable entertaining!

Insights

  • Condition Score

    Good
    68out of 100

    6 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall
    5out of 100

    −$12,229/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 413 detached homes with 3 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$16,374 / 2026
MLS® number
C14166444
Board
TRREB MLS®
Property Type
Detached
Building Age
6-15
Days on market
Size
2000-2500 sqft
Lot Size
25 x 150 ft
Listed on
Parking
1 Built-In, 3 Parking
Listing brokerage: HARVEY KALLES REAL ESTATE LTD.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 322 Melrose Ave, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$2,995,000N/AFor SaleC14166444

Members see the full history. Prices are hidden from signed-out visitors.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.

Property details

Property

Property Type
Detached
Style
2-Storey
Community
Bedford Park-Nortown
Municipality
Toronto

Building

Size
2000-2500 sqft
Building Age
6-15
Construction
Stone

Inside

Bedrooms
3
Bathrooms
5
Bathroom Details
1 × 2pc In Betwn, 1 × 5pc 2nd, 2 × 4pc 2nd, 1 × 4pc Bsmt
Basement Type
Finished
Kitchens
1

Parking

Driveway
Private
Garage Type
Built-In
Garage
1
Additional Parking
2
Total Parking
3

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
25 ft
Depth
150 ft
Lot Size
25 x 150 ft

Additional

Foundation
Concrete
Fireplace
No
Pool
Inground
Den
No
Family room
No
Extras
Quartz Waterfall Centre Island, 2 Washers & 2 Dryers, Wolf 6 Burner Cooktop, Subzero Fridge, Uline Bar & Wine Fridges, Jennair Fridge & Freezer Drawers, Dacor Warming Drawer, Electric Shades, Built in Speakers, Built in Microwave, All Window Coverings, All Light Fixtures, Garage Door Opener, Pool & Equipment.

Rooms

RoomSizeFeaturesLevel
Living1.93 × 3.28 mhardwood floor, Open Concept, B/I ShelvesMain
Dining4.57 × 4.88 mhardwood floor, Built-In SpeakersMain
Kitchen2.84 × 4.8 mhardwood floor, Centre Island, W/O To DeckMain
Breakfast2.92 × 4.27 mhardwood floor, B/I AppliancesMain
Primary3.81 × 4.27 mhardwood floor, 5 Pc Ensuite, Large Window2nd
2nd Br3.4 × 3.1 mhardwood floor, Large Window, B/I Desk2nd
3rd Br2.92 × 4.34 m—2nd
Rec5.33 × 3.89 mhardwood floor, 4 Pc Bath, Above Grade WindowBsmt

Map and tour

Detached homes for sale in Bedford Park-Nortown right now

For sale now
76
Median asking price
$3M

Middle half: $2.19M to $4.02M

New in 7 days
10

39 in 28 days

Price cuts
13%

10 listings

This home is asking at the median.

See all homes in Bedford Park-Nortown

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Signals around this home

Changing nearby

Changing nearby. 6 open development applications within 800 m of this home.

  • 405 BROOKDALE AVESite planUnder Review

    Site Plan and Zoning By-law amendment applications for a proposed redevelopment of the site to permit a 9-storey mixed-use building having a non-residential gross floor area of 830 square metres, and a residential gross floor area of 13,155.10 square metres. A total of 58 residential dwelling units are proposed with 87 vehicular parking spaces (24 for vistor) and 90 bicycle parking spaces below grade.


    400 m away

  • 1670 AVENUE RDSite planUnder Review

    Site Plan and Zoning By-law amendment applications for a proposed redevelopment of the site to permit a 9-storey mixed-use building having a non-residential gross floor area of 830 square metres, and a residential gross floor area of 13,155.10 square metres. A total of 58 residential dwelling units are proposed with 87 vehicular parking spaces (24 for vistor) and 90 bicycle parking spaces below grade.


    410 m away

  • 407 BROOKDALE AVESite planUnder Review

    Site Plan and Zoning By-law amendment applications for a proposed redevelopment of the site to permit a 9-storey mixed-use building having a non-residential gross floor area of 830 square metres, and a residential gross floor area of 13,155.10 square metres. A total of 58 residential dwelling units are proposed with 87 vehicular parking spaces (24 for vistor) and 90 bicycle parking spaces below grade.


    420 m away

  • 1668 AVENUE RDSite planUnder Review

    Site Plan and Zoning By-law amendment applications for a proposed redevelopment of the site to permit a 9-storey mixed-use building having a non-residential gross floor area of 830 square metres, and a residential gross floor area of 13,155.10 square metres. A total of 58 residential dwelling units are proposed with 87 vehicular parking spaces (24 for vistor) and 90 bicycle parking spaces below grade.


    420 m away

  • 1666 AVENUE RDSite planUnder Review

    Site Plan and Zoning By-law amendment applications for a proposed redevelopment of the site to permit a 9-storey mixed-use building having a non-residential gross floor area of 830 square metres, and a residential gross floor area of 13,155.10 square metres. A total of 58 residential dwelling units are proposed with 87 vehicular parking spaces (24 for vistor) and 90 bicycle parking spaces below grade.


    420 m away

  • 1662 AVENUE RDSite planUnder Review

    Site Plan and Zoning By-law amendment applications for a proposed redevelopment of the site to permit a 9-storey mixed-use building having a non-residential gross floor area of 830 square metres, and a residential gross floor area of 13,155.10 square metres. A total of 58 residential dwelling units are proposed with 87 vehicular parking spaces (24 for vistor) and 90 bicycle parking spaces below grade.


    430 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

Land transfer tax on this home

Ontario land transfer tax
$61,350
Toronto municipal land transfer tax
$61,350
Total land transfer tax
$122,700
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$114,225
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $2,000,000
$32,000
2.5% from $2,000,000 to $2,995,000
$24,875
Ontario total
$61,350

Toronto’s municipal tax uses the same brackets at this price, so it adds another $61,350.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Heritage and ravine protection

  • Not found on the Heritage Register
  • Not in a mapped Heritage Conservation District
  • Not in the mapped ravine protection area

What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Permit history

4 building permits cleared at this address in the City’s file.

  • Building Permit Related(MS)Inspection

    HVAC - Proposal to demolish existing SFD and construct a new 2 storey SFD-detached dwelling.

    Issued September 26, 2016

  • Building Permit Related (DR)Inspection

    Drain - Proposal to demolish existing SFD and construct a new 2 storey SFD-detached dwelling.

    Issued February 19, 2016

  • New BuildingInspection

    Proposal to demolish existing SFD and construct a new 2 storey SFD-detached dwelling.

    Issued February 19, 2016

  • Building Permit Related(PS)Inspection

    Plumbing - Proposal to demolish existing SFD and construct a new 2 storey SFD-detached dwelling.

    Issued February 19, 2016

City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
John Wanless Junior Public SchoolToronto DSBPublic · grades JK–6450 m85%Grade 6 average
Bannockburn Public SchoolToronto DSBPublic · grades JK–6 · French Immersion550 m—
St Margaret Catholic SchoolToronto CDSBCatholic · grades JK–8 · French Immersion1 km83%Grade 6 average
École élémentaire Mathieu-da-CostaConseil scolaire ViamondeFrench-language public · grades JK–64.9 km90%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Lawrence Park Collegiate InstituteToronto DSBPublic · grades 9–12 · French Immersion1.1 km88%Grade 9 math
Loretto Abbey Catholic Secondary SchoolToronto CDSBCatholic · grades 9–121.3 km64%Grade 9 math
John Polanyi Collegiate InstituteToronto DSBPublic · grades 9–122.3 km37%Grade 9 math
École secondaire Étienne-BrûléConseil scolaire ViamondeFrench-language public · grades 9–124.4 km77%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Transit nearby

StationLinesDistance
Lawrence StationTTC subway: Line 1 Yonge-University1.3 km
York Mills StationTTC subway: Line 1 Yonge-University1.8 km
Yorkdale StationTTC subway: Line 1 Yonge-University2.5 km
Lawrence West StationTTC subway: Line 1 Yonge-University2.7 km
Avenue StationTTC light rail: Line 5 Eglinton2.9 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto.

Zoning

Zone

RD (f18.0; a690)

By-law

569-2013

Municipality

Toronto
Residential Detached zone (RD)
  1. 1 f18.0

    Frontage: at least 18.0 m.

  2. 2 a690

    Lot area: at least 690 m² per dwelling unit.

  3. 3 Where this is written

    Chapter 10, section 10.20 of By-law 569-2013

  4. 4 What that means in practice

    These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.

City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Lot

Lot area
3,750 sq ft348 m²
Street frontage
25 ft7.6 m
Depth
150 ft45.7 m
25 × 150 ftMELROSE AVE

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

Mortgage Calculator

Plan with the current asking price

20% · $599,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$599,000
Total mortgage amount
$2,396,000
Total interest payment
$1,703,200
Total purchase cost
$4,698,200
Mortgage payment
$13,664/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

92%

Monthly carrying cost

$15,029
−$12,229per month
  • Rent $2,800
  • Shortfall $12,229

Rental income opens at $2,800, the median asking rent of 413 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.

Market area · filters apply to the charts below

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Sold prices in Bedford Park-Nortown are shown to signed-in members.

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