$1,599,000 - 12 1/2 Melbourne Avenue, High Park
Townhouse for Sale in High Park
New — Listed 5 days ago- MLS Number
- W13253004
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 5
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- High Park / Junction / Roncesvalles
- Listing Brokerage
- RE/MAX PROFESSIONALS INC.
Coveted red brick Victorian circa 1883 on beautiful tree-lined Melbourne Avenue. A true three-storey Old Toronto home with grand proportions, soaring ceilings, and preserved architectural character throughout - thoughtfully updated with modern mechanics and electrical. Approximately 2,300 square feet above grade, with ten-foot ceilings on the main floor, nine-foot ceilings on the second and an airy third level, with natural light brought into the entire home from a central skylit light well. Stately living and dining rooms seem made for special occasions and entertaining. Floor-to-ceiling bookcases and an elegant fireplace frame the living room, with French doors leading to the formal dining room. Period stained glass transoms remain above the front windows and entryway. The family-sized kitchen features a centre island with bar seating, stone countertops, generous pantry storage, and French door walkout. Newly landscaped rear patio offers an inviting setting for outdoor dining and entertaining, plus access to the hidden garden courtyard at Melbourne Place. Double doors lead to a wonderfully private primary suite with king-sized bedroom, his-and-hers closets including a walk-in, and newly renovated five-piece ensuite bath. Large second bedroom with Juliette balcony. Flexible third floor with casual living space, rooftop deck with city views, large bedroom, and updated full bath - ideal for family hangouts, work-from-home, or overnight guests. Notable features include hardwood flooring throughout, exceptional storage and closet space across all three levels, full unfinished basement with excellent ceiling height, brand new furnace (2026), updated electrical, and fresh paint throughout. Incredible walkable location that feels connected to the city - steps to excellent local schools, shops and restaurants along Queen West, Liberty Village, and the blossoming King & Dufferin neighbourhood. Just five minutes to the Lake Shore and Gardiner Expressway. A must see!
Estimate your monthly payments for this property
Estimated Payment
$7,072.92/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover High Park / Junction / Roncesvalles
High Park / Junction / Roncesvalles is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in High Park / Junction / Roncesvalles
- •Convenient location in High Park / Junction / Roncesvalles
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
High Park / Junction / Roncesvalles offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
12 1/2 Melbourne Avenue, High Park / Junction / Roncesvalles
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $800/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In High Park's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in High Park have shown strong appreciation as families seek more space.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to High Park. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: High Park properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,663 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.