Mark Arnstein - RE/MAX Hallmark Realty, North Toronto

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Private Office
3317 Yonge Street, 2nd Floor
Toronto, ON M4N 2M9

P: 416.930.6730
Office: 416.486.5588
E: mark@markarnstein.com
SOLD

113 Melrose Avenue

Detached in Lawrence Park North, Toronto C04, Toronto

$2,439,900
  • 4 + 1 Beds
  • 4 Baths
  • 1500-2000 Sq. Ft.
Spectacular fully renovated 4+1 bedroom, 4 bathroom detached home on a rare 25x150 ft south-facing lot in North Toronto, located in the highly coveted neighbourhood of Lawrence Park North! Professionally designed by Ali Budd Interiors and featured in Style At Home Magazine, this stunning home combines timeless elegance with luxurious modern finishes throughout.The bright, open-concept main floor features a custom home office with built-in desk, French doors, and a large bay window that fills the space with natural light. The elegant living room includes a decorative fireplace and custom built-in's, flowing seamlessly into the dining area and a designer kitchen with a massive centre island, white cabinetry, stone countertops, built-in desk, cozy window seat, stainless steel appliances with Super Size Fridge/Freezer and a 5-burner gas range ideal for family living and entertaining.At the rear, a well-designed mudroom with heated floors, powder room, and French doors opens to a private backyard oasis featuring low-maintenance artificial turf, an in-ground sprinkler system, outdoor fire table, and fire pit perfect for roasting marshmallows and year-round enjoyment.The upper levels offer 4 spacious bedrooms, custom built-in's in all closets, a beautiful kids bathroom with heated floors, and a luxurious third-floor primary retreat with walk-in closet and spa-like ensuite featuring heated floors and a skylight. The finished lower level includes a large recreation room, gas fireplace, fifth bedroom, 3-piece bathroom, and ample storage space.Located on one of the areas most desirable streets, just steps to parks, Yonge Street & Avenue Road shops, restaurants, and subway access. In catchment for top-ranked John Wanless Public School and Lawrence Park CI.A rare opportunity to own a fully renovated, south-facing luxury home on a deep lot in one of Torontos premier family neighbourhoods. Bonus, French Drain, makes a very dry backyard!
Address
113 Melrose Avenue
List Price
$2,439,900
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
2 1/2 Storey
Transaction Type
Sale
Area
Toronto C04
Sub-Area
Lawrence Park North
Region
Toronto
Bedrooms
4 + 1
Bedrooms (Total)
5
Rooms Above Grade
9
Rooms Below Grade
3
Bathrooms
4
Floor Area
1500-2000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
150
Lot Size Units
Feet
Lot Width
25
Parcel Number
211450185
Occupant Type
Owner
Cross Street
Yonge St and Yonge Blvd.
MLS® Number
C12612230
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Basement Area
Finished
Postal Code
M5M 1Y8
Posession Details
Flexible
Parking
Mutual
Parking Places (Total)
2
Parking Spaces
1
Tax Amount
$11,198.00
Tax Year
2025
Interior Features
Carpet Free, Central Vacuum
Central Vacuum
Yes
Family Room
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick, Stone
Direction Faces
South
Fireplace
Yes
Foundation Details
Poured Concrete
Garage
Yes
Garage Type
Detached
Covered Spaces
1
Kitchens Total
1
Kitchens Above Grade
1
Pool Features
None
Roof
Asphalt Shingle
Waterfront
No
Sewer
Sewer

Rooms

Floor Type Dimensions Features
Main Living Room 5.07 x 4 B/I Bookcase, Fireplace, Hardwood Floor
Main Dining Room 3.27 x 3.75 Combined w/Kitchen, Hardwood Floor, Pot Lights
Main Kitchen 5.07 x 3.84 Centre Island, Crown Moulding, Stainless Steel Appl
Main Office 3.19 x 2.58 B/I Desk, Hardwood Floor, Large Window
Second Bedroom 2 4.55 x 4.55 Double Closet, Hardwood Floor, Window
Second Bedroom 3 3.27 x 4.13 Double Closet, Hardwood Floor, Window
Second Bedroom 4 3.27 x 3.45 Double Closet, Hardwood Floor, Window
Third Primary Bedroom 5.07 x 3.85 4 Pc Ensuite, Hardwood Floor, Walk-In Closet(s)
Lower Recreation 5.07 x 8.02 B/I Bookcase, Gas Fireplace, Hardwood Floor
Lower Bedroom 2.68 x 3.33 3 Pc Ensuite, Hardwood Floor, Window
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Lawrence Park Real Estate Market Update – Q3 2026: What Buyers and Sellers Need to Know

Is Lawrence Park a buyer's market in 2026? The latest numbers suggest it is.

The third quarter of 2026 brought a noticeable shift to the North Toronto real estate market. In C04, which includes Lawrence Park North and Lawrence Park South, there were just over 1,900 sales and more than 5,300 new listings. Homes averaged 46 days on market.

That's approximately three new listings for every sale. In other words, buyers have more choices, and sellers are facing more competition.

I'm Mark Arnstein with RE/MAX Hallmark, specializing in Lawrence Park and North Toronto real estate. Here's what these numbers mean for buyers and sellers.

What Do the Q3 2026 Numbers Tell Us?

The market is currently leaning in favour of buyers.

With inventory outpacing sales, buyers have more time to compare properties, negotiate and make informed decisions. Sellers, meanwhile, need to be realistic about pricing and understand the competition.

Homes are still selling, but the right pricing strategy is more important than ever.

How Long Does It Take to Sell a Home in Lawrence Park?

Homes across C04 averaged approximately 46 days on market in Q3 2026.

The biggest factor? Pricing.

Homes priced appropriately for current market conditions can still attract serious buyers. Properties priced too high often sit longer, particularly when buyers have plenty of alternatives.

My advice to sellers is simple: get the price right from day one.

What Are Homes Worth in Lawrence Park?

The average detached home price across the Toronto GTA area was approximately $1,026,000 in Q3 2026.

C04 has its own distinct pricing picture:

Average C04 Detached Home Price: [INSERT PRICE]

Of course, Lawrence Park North and Lawrence Park South each have their own market dynamics. Street location, lot size, property condition and recent comparable sales all influence value.

What Should Buyers and Sellers Do?

For buyers: More inventory means more choice and potentially more negotiating room. Take the time to understand market value and don't assume asking prices reflect what a property is worth.

For sellers: Preparation, presentation and pricing are critical. Buyers are comparing properties carefully, so your home needs to stand out and be priced competitively.

Thinking About Buying or Selling in Lawrence Park?

I've been helping clients buy and sell homes in Lawrence Park and North Toronto for [NUMBER] years with [BROKERAGE].

In a market like this, local knowledge and an accurate understanding of current values make all the difference.

Whether you're thinking about selling, searching for a home or simply curious about what your property is worth, I'd be happy to chat.