Listed 2 Days Ago
Location
237 Melrose Street #7, Toronto, ON M8Y 1B8, CA|Mimico
Tour 237 Melrose Street #7
Contact
Igor Veric
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Amenities for 237 Melrose Street #7, Mimico
Apartment Amenities
| Balcony |
Building
| Controlled Access | Onsite Laundry |
Grounds
| Assigned Parking | Storage |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
About 237 Melrose Street #7
This fully renovated apartment at 237 Melrose Avenue offers the kind of room you rarely find in newer rentals. Set in a well-maintained low-rise building in Mimico, it comes with parking, a locker, and a bright, practical layout that actually gives you space to live. Inside, you’ll find updated laminate flooring throughout, a renovated open-concept kitchen with stone countertops, stainless steel appliances and a breakfast bar, plus generous living and dining space. Both bedrooms are properly sized, and the updated four-piece bathroom is clean and modern. The building is quiet, well cared for and conveniently located close to the Gardiner, shops and restaurants along Royal York and Lake Shore, and an easy connection to Royal York subway station. Local favourites like SanRemo Bakery are nearby, along with cafés, parks and the Mimico waterfront. Parking and locker are included. The only utility you pay for is hydro.
Lease Terms
1 yearProperty highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 237 Melrose Street #7 compares to other nearby properties.
Considerations
- Distance from grocery stores
- The nearest grocery store is 4.1 miles away
- Distance from transit
- More than 3.8 miles from public transportation
Address details
| Neighborhood | Mimico |
|---|---|
| Post code | M8Y 1B8 |
| Type | Apartment for rent |
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Rent trends in Mimico
2-bedroom apartments at 237 Melrose Street #7 cost about 2% less than the average rent price for 2-bedroom apartments in Toronto.
Median rents as of Oct 31 2026.
Mimico
Toronto
| Month | Median Rent |
|---|---|
| November 2024 | $2,955 |
| December 2024 | $2,948 |
| January 2025 | $2,993 |
| February 2025 | $2,976 |
| March 2025 | $2,901 |
| April 2025 | $2,860 |
| May 2025 | $2,850 |
| June 2025 | $2,850 |
| July 2025 | $2,816 |
| August 2025 | $2,799 |
| September 2025 | $2,778 |
| October 2025 | $2,764 |
| November 2025 | $2,748 |
| December 2025 | $2,739 |
| January 2026 | $2,719 |
| February 2026 | $2,708 |
| March 2026 | $2,693 |
| April 2026 | $2,684 |
| May 2026 | $2,669 |
| June 2026 | $2,693 |
| July 2026 | $2,696 |
| August 2026 | $2,754 |
| September 2026 | $2,724 |
| October 2026 | $2,733 |
| Month | Median Rent |
|---|---|
| November 2024 | $2,478 |
| December 2024 | $2,403 |
| January 2025 | $2,399 |
| February 2025 | $2,403 |
| March 2025 | $2,480 |
| April 2025 | $2,521 |
| May 2025 | $2,427 |
| June 2025 | $2,462 |
| July 2025 | $2,566 |
| August 2025 | $2,465 |
| September 2025 | $2,297 |
| October 2025 | $2,297 |
| November 2025 | $2,286 |
| December 2025 | $2,271 |
| January 2026 | $2,353 |
| February 2026 | $2,353 |
| March 2026 | $2,365 |
| April 2026 | $2,329 |
| May 2026 | $2,373 |
| June 2026 | $2,397 |
| July 2026 | $2,397 |
| August 2026 | $2,397 |
| September 2026 | $2,397 |
| October 2026 | $2,340 |
Affordability calculator
Can I afford to live at 237 Melrose Street #7?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$88,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this 2-bedrooms monthly rent price of $2,200.
For more information on rent affordability, visit our rent calculator.
Getting around Toronto near 237 Melrose Street #7
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
8/10
Popular public transit options are just a short walk from this location.
Points of interest for 237 Melrose Street #7, Toronto
Groceries
8/10
Wide variety of groceries within a few minutes' walk
Shopping
8/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
7/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
5/10
Variety of bars within a short drive
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