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Location

121 Melrose Street #2, Toronto, ON M8Y 1B4, CA|Mimico

Tour 121 Melrose Street #2

Contact

Paul Siksna

Core Assets Real Estate Brokerage

(416) 427-2650

Amenities for 121 Melrose Street #2, Mimico

Apartment Amenities

Air ConditioningCentral Heat

Appliances

DishwasherIn-Unit Laundry

Grounds

Assigned Parking
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?

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About 121 Melrose Street #2

HomeApartments in TorontoMimico 121 Melrose Street #2, Toronto, ON M8Y 1B4, CA

Welcome to 121 Melrose St #2 - A Beautifully Updated Move-In Ready Residence Ideally Located In Highly Sought After Mimico. Offering A Perfect Blend Of Comfort, Style, And Convenience, This Spacious 2 Bedroom Suite Features A Functional Layout With Generous Principal Rooms, Large Above Ground Windows That Fill The Space With Natural Light, And A Brand New Chef's Kitchen, Complete With New Appliances And Stunning Custom Backsplash. An Open Concept Living / Dining Room Provides A Flexible Layout For Easy Everyday Living And Entertaining, Plus Spacious Bedrooms And Storage. Situated On A Quiet, Tree-Lined Street, Just Steps To TTC Stops, Schools, Shopping, Dining And Everyday Amenities Including Groceries, Parks, And More. Complete With 1 Surface Level Parking Spot.


Lease Terms
1 year

Address details

NeighborhoodMimico
Post codeM8Y 1B4
TypeApartment for rent

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Rent trends in Mimico

studio apartments at 121 Melrose Street #2 cost about 12% more than the average rent price for studio apartments in Mimico.

Median rents as of Sep 12 2026.
Mimico
Toronto
A table of studio rental data trends in Toronto
MonthMedian Rent
September 2024$1,907
October 2024$1,898
November 2024$1,899
December 2024$1,899
January 2025$1,887
February 2025$1,853
March 2025$1,862
April 2025$1,856
May 2025$1,842
June 2025$1,806
July 2025$1,800
August 2025$1,800
September 2025$1,799
October 2025$1,798
November 2025$1,768
December 2025$1,750
January 2026$1,741
February 2026$1,709
March 2026$1,700
April 2026$1,700
May 2026$1,706
June 2026$1,722
July 2026$1,732
August 2026$1,732
September 2026$1,748
A table of studio rental data trends in Mimico
MonthMedian Rent
March 2025$1,736
April 2025$1,762
May 2025$1,710
June 2025$1,725
July 2025$1,696
August 2025$1,679
September 2025$1,600
October 2025$1,600
November 2025$1,657
December 2025$1,657
February 2026$1,681
March 2026$1,627
April 2026$1,687
May 2026$1,700
July 2026$1,700
August 2026$1,747
September 2026$1,747

Affordability calculator

Can I afford to live at 121 Melrose Street #2?

Bedrooms

Studio

Rent-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

$78,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $78,000 annually to afford this studio monthly rent price of $1,950.
For more information on rent affordability, visit our rent calculator.
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Internet available near 121 Melrose Street #2

Neighborhood

Mimico | Toronto, ON

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Toronto near 121 Melrose Street #2

Walking

5/10
Some shops and stores are within a few minutes.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

6/10
Frequent public transit options are within walking distance.

Points of interest for 121 Melrose Street #2, Toronto

Groceries

5/10
At least one grocery store within a 30-minute walk

Shopping

5/10
Some shops within walking distance

Cafes

4/10
Few or no cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

3/10
No high schools within a 30-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

3/10
Few or no bars within walking distance

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