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Spring is typically a busy listing season in the Greater Toronto Area, and fall is another common selling period. Homes can also sell in summer or winter. The best timing depends on the seller's circumstances, the home's condition, and current market conditions.

How long does it take to sell a home in Thornhill?

The time needed to sell a home in Thornhill depends on price, condition, property type, and market conditions. Pricing in line with comparable sales and presenting the property well can help attract interest. Showing activity and buyer feedback can inform adjustments to pricing or presentation.

How is my home's value determined?

A home's market value is estimated using recent comparable sales and adjustments for size, condition, lot, upgrades, and location. A comparative market analysis supports listing-price decisions, while a formal appraisal is a separate valuation that a lender may require.

What are closing costs for buyers in Ontario?

Buyer closing costs can include land transfer tax, legal fees and disbursements, title insurance, and adjustments for prepaid property taxes and utilities. Toronto buyers generally pay both provincial and municipal land transfer tax. Condo purchases may also involve status certificate review fees, and buyers may pay for a home inspection.

How much is land transfer tax in Toronto?

Toronto buyers generally pay Ontario's provincial land transfer tax and the City of Toronto's municipal land transfer tax. Both are calculated using rates based on the purchase price, and eligible first-time buyers may qualify for rebates. Check the current official rules and limits with the Ontario government and the City of Toronto.

Do I need a home inspection when buying?

A home inspection is not generally a legal requirement, but it is strongly recommended because it may identify issues with the roof, foundation, electrical, plumbing, or heating systems. An offer can include an inspection condition. Waiving conditions in a competitive market carries risk, so buyers should understand the trade-offs before deciding.

What should I know about buying a condo in North York?

Review the condo corporation's status certificate before committing. It can provide information about the reserve fund, special assessments, legal disputes, rules, and monthly fees. Compare maintenance fees and what they include, and confirm parking and locker details. A lawyer should review the status certificate.

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116A Melrose Street, Toronto

$999,116 Sale

Listed 8 hours ago

116A Melrose Street

MLS® W14109152 Semi-Detached

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Date:

Beds · 3

Baths · 2

Garage · 1

Sqft · 1500-2000

Est. mortgage

$3,790/mo

Property Taxes

$4,467/yr

Listing History

Buy/Sell/Terminated/Expired listing history for 116A Melrose Street

Date	Days on Market	Price	Event	Listing ID

10/22/2026	-	$999,116	For Sale	W14109152
10/22/2026	1	¤999,116	Listed

For Sale $999,116

10/22/2026

Listing ID W14109152

Days On Market -

Date Listed 10/22/2026

Listed Price $999,116

Key Facts

Key facts for 116A Melrose Street

Property Type

House, 2-Storey

Parking

Built-In 1 garage, 2 parking

MLS #

W14109152

Size

1500-2000 sqft

Basement

Partially Finished

Listed on

2026-10-22

Lot size

25 x 33.0

Tax

$4,467 /yr

Days on Market

Approximate Age

Maintenance Fee

Description

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!

Full Property Details

Interior

Bedrooms

Total Bedrooms

Washrooms

Square Footage

1500-2000 sqft

Basement

Partially Finished

Heating Source

Gas

Heating Fuel

Forced Air

Air Conditioning

Central Air

Family Room

Kitchens

Total Kitchens

Fireplace Features

Bedrooms

Total Bedrooms

Washrooms

Square Footage

1500-2000 sqft

Basement

Partially Finished

Heating Source

Gas

Heating Fuel

Forced Air

Air Conditioning

Central Air

Family Room

Kitchens

Total Kitchens

Fireplace Features

Exterior

Depth

33.0

Front

25.0

Driveway

Private

Lot Size

25 x 33.0 ft

Pool

None

Parking Spaces

Total Parking Spaces

3.00

Parking Description

Built-In

Garage Spaces

Depth

33.0

Front

25.0

Driveway

Private

Lot Size

25 x 33.0 ft

Pool

None

Parking Spaces

Total Parking Spaces

3.00

Parking Description

Built-In

Garage Spaces

Building Description

Style

2-Storey

Home Type

House

Subtype

Semi-Detached

Property Orientation

North

Exterior Finish

Brick

Sewers

Water Supply

Municipal

Possession Date

No Data

Style

2-Storey

Home Type

House

Subtype

Semi-Detached

Property Orientation

North

Exterior Finish

Brick

Sewers

Water Supply

Municipal

Possession Date

No Data

Community

Mimico

Community

Mimico

Taxes & Fees

Taxes

$4,467 /yr

Tax Year

2026

Occupancy

Tenant

Taxes

$4,467 /yr

Tax Year

2026

Occupancy

Tenant

Room Types

Bedroom 2

Dimensions - feet

0 sqft

Bedroom 3

Dimensions - feet

0 sqft

Bedroom 4

Dimensions - feet

0 sqft

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Navid Sharifzadeh

Email: navid@navidsharifzadeh.com Cell: 647-300-1010