28 Melville Ave
FOR SALE
$2,598,000

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4 + 1
BEDROOMS5
BATHROOMS1 + 1
KITCHENS8 + 3
ROOMSW11962963
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Property Description
Welcome to 28 Melville Avenue, a spectacular detached home nestled in a fantastic family-friendly neighborhood. This one-of-a-kind residence is truly bespoke, offering 4 bedrooms + a family room, a legal basement suite, and a dbl-car garage. Step inside to a stunning main floor featuring soaring ceilings, an ideal open-concept layout, and floor-to-ceiling windows that flood the space with natural light. Thoughtfully designed for modern living, it boasts an elegant living & dining room, and a stunning modern kitchen - a masterpiece of design and craftsmanship. The chef's kitchen features premium appliances, full height custom cabinetry, luxurious stone countertops, and a spacious center island with a dramatic waterfall edge and bistro-style seating for four. Additional highlights include custom built-in shoe and coat storage, a stylish powder room, and premium engineered oak hardwood in a classic herringbone pattern. A seamless walkout to the deck and garden completes this stunning space. The custom-designed staircase serves as a breathtaking focal point, seamlessly blending artistry and function. The 2nd level offers a luxe-primary suite with dbl closets, a spa-like ensuite with dbl sinks and heated floors. 2 additional queen-sized bedrooms, a beautifully appointed hall bath, and a convenient 2nd-floor laundry complete this level. The 3rd-floor is bathed in natural light from an expansive skylight and features a beautiful family room with W/O to a private deck. A 4th queen-sized bedroom with its own ensuite makes this floor a serene retreat. The legal basement suite is a true standout, offering 700+ Sq.ft. of bright, well-designed living space inclusive of a spacious living room, eat-in kitchen, queen size bedroom, lots of windows & storage, spa-bath, ensuite laundry and premium appliances. At the rear, the dbl-car garage makes this home ideal for modern living.
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Nearby Intersections
Property Features
Library, Park, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
2000-2500
Lot Size
20' x 112'
Fronting
North
Taxes
$5,787 (2024)
Basement
Apartment, Fin W/O
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Foyer | Main | 5.25' x 10.60' | B/I Closet, 2 Pc Bath |
Living | Main | 12.01' x 26.74' | South View, Fireplace, Combined W/Dining |
Dining | Main | 12.01' x 26.74' | O/Looks Living, Open Concept, Combined W/Living |
Kitchen | Main | 12.07' x 19.65' | Modern Kitchen, W/O To Deck, Centre Island |
Prim Bdrm | 2nd | 12.07' x 12.93' | Double Closet, O/Looks Garden, 4 Pc Ensuite |
2nd Br | 2nd | 9.32' x 9.51' | Closet, Window, 4 Pc Bath |
3rd Br | 2nd | 9.09' x 15.32' | South View, Large Closet |
Family | 3rd | 12.76' x 15.16' | Skylight, W/O To Deck, Fireplace |
4th Br | 3rd | 11.25' x 15.26' | South View, Double Closet, 3 Pc Ensuite |
Living | Lower | 10.60' x 15.09' | Large Window, Closet |
Kitchen | Lower | 8.66' x 15.75' | Eat-In Kitchen, Combined W/Dining, Combined W/Laundry |
Br | Lower | 9.51' x 11.58' | Window, Closet, 4 Pc Bath |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
28 Melville Ave is a 4-bedroom 5-bathroom home listed for sale at $2,598,000, which is $722,289 (38.5%) higher than the average sold price of $1,875,711 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Downtown Toronto increased by $183,887 (10.9%) compared to the previous 30 day period (December 22 - January 20) and down $46,763 (2.4%) from the same time one year ago.Inventory Change
There were 466 4-bedroom homes listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 87.9% compared with the previous 30 day period (December 22 - January 20) and up 30.9% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Downtown Toronto typically sold $7,351 (0.4%) above asking price over the last 30 days (January 21 - February 19), which represents a $37,018 increase compared to the previous 30 day period (December 22 - January 20) and ($17,969) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 38.0%, down from 43.5% over the previous 30 days (December 22 - January 20) and down from 52.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Downtown Toronto stood at 24 days when successfully sold over the last 30 days (January 21 - February 19), compared to 68 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage/J & D Division
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