116A Melrose Street

Mimico, Toronto, Ontario M8Y 1B3

Overview

At a glance

Days on market4 days
ListedOct 22, 2026
UpdatedOct 26, 2026
Size1500-2000 sq ft
Lot25 x 125 Feet
Property taxes$4,467 (2026)
Parking3 spaces
BasementPartially Finished
MLS® numberW14109152
Data sourcePropTx MLS® System
Listing brokerageROYAL LEPAGE SIGNATURE REALTY

About this home

Welcome to 116A Melrose St in the heart of highly desirable Mimico! A wonderful canvas awaiting your personal style! This home offers a solid layout and great bones, ready for you to bring your own design ideas, updates, and custom finishes. Featuring 3+1 bedrooms, 3 bathrooms, and a partly finished basement with walk out, this property is packed with potential. The main levels offer 3 bedrooms and generous storage space throughout. The lower level features direct walk out access, along with a 4th bedroom and a full bathroom, ideal for a guest space, home office, or potential secondary suite. Unbeatable location on a quiet street just minutes from the Mimico GO Station, Lake Ontario waterfront trails, top rated schools, and quick highway access to Downtown Toronto. Property requires some updates and is priced accordingly. An extraordinary chance for renovators, investors, or end-users to build massive equity in South Etobicoke!

Details

Property

Style
2-Storey
Fronting on
North
Cross street
Melrose St & Milton St
Community
Mimico
Municipality
Toronto W06

Inside

Bedrooms above grade
3
Bedrooms below grade
1
Bathrooms
3
Kitchens
1
Basement
Partially Finished
Family room
No
Fireplace
No
Interior features
Other

Utilities

Heating
Forced Air
Heating fuel
Gas
Cooling
Central Air
Sewer
Sewer

Building

Construction
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Pool
None

Parking

Garage
Built-In
Parking spaces
2
Total parking
3
Driveway
Private

Land

Frontage
25
Depth
125
Lot size units
Feet
Waterfront
No
Property features
Park, Public Transit, Rec./Commun.Centre, School, School Bus Route
Rooms (8)
RoomLevelSizeFeatures
Living RoomMain
KitchenMain
Dining RoomMain
Primary BedroomSecond
Bedroom 2Second
Bedroom 3Second
Bedroom 4Basement
Room
Value

What it’s worth

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Market read

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History

Listing history

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Compare

How it compares

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Neighbourhood

Around Mimico

What’s nearby

On a busier streetBackyard faces north

  • Elementary schoolGeorge R Gauld Junior Schoolabout 5 min walk
  • High schoolMimico Adult Centreabout 13 min walk
  • ParkGrand Avenue Parkabout 2 min walk
  • Playground about 3 min walk
  • TrailWaterfront Recreational Trailabout 12 min walk
  • River or lakeMimico Creekabout 8 min walk
  • Grocery storeBlooms & Generalabout 8 min walk
  • DowntownTorontoabout 9.5 km
  • LibraryToronto Public Library - Mimico Centennialabout 11 min walk
  • Rec centre or arenaHumber Bay Sailing Centreabout 15 min walk
  • Golf courseMaster Golf Range Playabout 2.9 km
  • HospitalSt. Joseph's Health Centreabout 4.1 km
  • Highway on-rampExit 146about 12 min walk
  • GO or train stationMimicoabout 9 min walk

Approximate: straight-line distances, and the backyard and street worked out from the map pin and map data © OpenStreetMap contributors. Check school boundaries with the school board.

On the map

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Community

The Mimico market

Mimico sale prices

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Costs

What it would cost

%
%
An example rate. Use the one your lender quotes.
Every monthEstimate
Mortgage payment$0
Property tax$0
Monthly total$0
At closing
Ontario land transfer tax$0

Estimates only, not financial advice. Uses Canadian semi-annual compounding, the minimum down payment and mortgage insurance rules, and Ontario’s land transfer tax brackets. Your lender and lawyer confirm the real numbers. Legal fees, title insurance and moving costs aren’t included.

Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. Listing information from the PropTx MLS® System. Each listing shows the brokerage that represents it. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate by PropTx. Last updated October 27, 2026 at 10:53 a.m.

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