15 Melville Avenue, Toronto W02

Price: $1,799,000

5 bedrooms, 5 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W13207862

Nestled in Toronto's vibrant Christie-Dupont neighbourhood, 15 Melville Avenue blends stylish city living with family-friendly comfort and exceptional flexibility. This fabulous detached home features 3 bedrooms and 3 bathrooms across 3 finished levels, plus a completely separate lower level with an additional 2 bedrooms and 2 bathrooms - offering a rare combination of versatility, privacy, and possibility. Just steps from Bloor Street, Christie Pits Park, and the subway, this updated home places you at the centre of it all - from morning coffee runs and standout dining to dog walks in the park and daycare pickups. Inside, a thoughtfully designed layout unfolds across nearly 1,900 square feet above grade. The bright, open-concept main floor is anchored by an updated kitchen with stainless steel appliances, gas stove, custom cabinetry, and a large island designed for both gathering and everyday living. A chic powder room, main floor laundry, and seamless walk-out to a private backyard complete the space. Upstairs, 3 generous bedrooms and 2 full bathrooms provide comfortable family living, including a beautifully updated main bath with spa-like finishes. The third-floor loft is a standout feature - a bright, character-filled retreat with its own 3-piece bath, ideal as a home office, creative studio, wellness space, or quiet escape. The fully separate lower level offers exceptional flexibility for extended family, guests, independent living, or a private work-from-home setup. Complete with 2 bedrooms, 2 bathrooms, a kitchen, and its own laundry, this self-contained space delivers flexibility without compromising comfort or privacy. With exceptional access to parks, transit, local shops, grocers, and some of the city's best food and coffee, this is a home designed for how you live today - and how you may want to live tomorrow.

15 Melville Avenue - Detached photo 1 of 31 in Bloor West Village / Swansea, Ontario
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$1,799,000 - 15 Melville Avenue, Bloor West Village

Detached for Sale in Bloor West Village

5Beds
5Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W13207862
Property Type
Detached
Status
active
Days on Site
21
Bedrooms
5
Bathrooms
5
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Bloor West Village / Swansea
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Description

Nestled in Toronto's vibrant Christie-Dupont neighbourhood, 15 Melville Avenue blends stylish city living with family-friendly comfort and exceptional flexibility. This fabulous detached home features 3 bedrooms and 3 bathrooms across 3 finished levels, plus a completely separate lower level with an additional 2 bedrooms and 2 bathrooms - offering a rare combination of versatility, privacy, and possibility. Just steps from Bloor Street, Christie Pits Park, and the subway, this updated home places you at the centre of it all - from morning coffee runs and standout dining to dog walks in the park and daycare pickups. Inside, a thoughtfully designed layout unfolds across nearly 1,900 square feet above grade. The bright, open-concept main floor is anchored by an updated kitchen with stainless steel appliances, gas stove, custom cabinetry, and a large island designed for both gathering and everyday living. A chic powder room, main floor laundry, and seamless walk-out to a private backyard complete the space. Upstairs, 3 generous bedrooms and 2 full bathrooms provide comfortable family living, including a beautifully updated main bath with spa-like finishes. The third-floor loft is a standout feature - a bright, character-filled retreat with its own 3-piece bath, ideal as a home office, creative studio, wellness space, or quiet escape. The fully separate lower level offers exceptional flexibility for extended family, guests, independent living, or a private work-from-home setup. Complete with 2 bedrooms, 2 bathrooms, a kitchen, and its own laundry, this self-contained space delivers flexibility without compromising comfort or privacy. With exceptional access to parks, transit, local shops, grocers, and some of the city's best food and coffee, this is a home designed for how you live today - and how you may want to live tomorrow.

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Estimated Payment

$7,957.58/mo

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5-yr fixed avg.

Principal: $1,439,200Interest: $948,075
Mortgage Amount$1,439,200
Total Interest$948,075
Est. Property Tax$1,274/mo
Total Cost$2,387,275

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.

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Neighbourhood Guide: Bloor West Village / Swansea

Discover Bloor West Village / Swansea

Bloor West Village / Swansea 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 Bloor West Village / Swansea

  • Convenient location in Bloor West Village / Swansea
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Bloor West Village / Swansea 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.

70
Walk Score
Varies
Price Range

15 Melville Avenue, Bloor West Village / Swansea

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$1,274
Insurance (est.)-$375
Net Cash Flow+$1,951

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1199/sqft, this property is priced above the Bloor West Village average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 21 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Bloor West Village are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Bloor West Village.

Bathroom Count Matters

With 5 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: Bloor West Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $7,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    15 Melville Avenue | $1,799,000 | Battaglia Team