Listed by Keller Williams Real Estate Associates.

1253 Melton Drive is a Detached, Bungalow and is currently for Sale @ $1,750,000. Taxes in 2024 were $9,287.00.

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Calling all Builders, Investors & Developers!! Welcome to 1253 Melton Road. The Bungalow on 1253 Melton Drive has 4 bedrooms, 3 bathrooms, and is located on a 145.53 x 150 ft lot in the community of Lakeview . This lot is one of the largest in the area, offering 150 feet of frontage - more than double the width of most adjacent lots, which typically span 58 feet. This expansive half-acre+ lot in the highly sought-after Lakeview neighborhood presents significant potential for the right buyer. The existing home offers a strong cashflow opportunity with 4,300 sq. ft. of living space, including 4 bedrooms, 3 bathrooms, and an expansive lower level with above-grade windows. The property features a new furnace, an owned hot water tank, a 2-car garage, and ample parking with space for 6 additional vehicles. Conveniently located just minutes from Trillium Hospital, Sherway Gardens, major highways, Pearson Airport, top-rated schools, and a quick 20-minute drive to downtown Toronto. Plus, the property's proximity to Etobicoke offers substantial savings on land transfer taxes. Don't miss out on this prime investment opportunity!

Fridge, stove, rangehood, Miele dishwasher (new), fridge (basement), water softening system, hot water heater (owned), furnace (owned/new)

The address 1253 Melton Drive was listed for sale (MLS# W11968831) on Wednesday, February 12, 2025.