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Listed 2 months ago

238 Melrose Avenue N

Lawrence Park North, Toronto

$3,520,000

Detached|2-Storey
4 | 6 | 2
About this home

Welcome to 238 Melrose - a newly built luxury residence set on an extra-deep 25 x 150 ft lot in the prestigious Lawrence Park North community. This exceptional home offers a seamless blend of modern design, high-end finishes, and thoughtful craftsmanship throughout. The interior showcases elegant painted MDF millwork and custom vanities along with curb less showers, complemented by stunning Taj Mahal natural stone surfaces and a striking gas fireplace feature wall. Floor-to-ceiling tile work enhances all washrooms, while the fully finished lower level is designed as a private wellness retreat, complete with a steam room, gym , and a 3-piece ensuite (gym can be used as a office or additional bedroom).Designed for both comfort and sophistication, the home features rich wood paneling, motorized blinds, customized window coverings, and illuminated open riser stairs with lights. The chef-inspired kitchen is equipped with premium Thermador appliances, perfect for everyday living and upscale entertaining. Smart home convenience is fully integrated with a Control4 system, along with built-in speakers on the main floor and in the primary bedroom, and a comprehensive security camera system surrounding the property. The exterior is equally impressive, featuring a durable epoxy-finished backyard and garage, a full glass garage door, and a grand solid mahogany entry door. Wrapped in timeless Windham brick and precast detailing, and complemented by sleek aluminum windows and doors, the home delivers outstanding curb appeal. A fiberglass fence provided both privacy and style. Enjoy outdoor living at its finest with a private backyard oasis, complete with a hot tub-perfect for relaxing or entertaining under the evening sky. This home comes with 2 car chargers. This turnkey luxury home offers an unparalleled lifestyle in one of the city's most sought-after neighborhoods. Please note the living room and basement photos are virtually staged.

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. Age0-5
Size1500-2000 sq. ft.
Property Tax$13,902
Lot Size25 ft x 150 ft
mls© NumberC13413268
Listed ByRE/MAX WEST REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$18,017
Property tax
$1,159
Heat allowance
$150
Housing costs
$19,325 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $704,000
25-yr amortization

Income needed

$595,000

gross annual household income

Payment at 4%
$14,813 / mo
Cash down
$704,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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