$6,800/mo - 106 Melrose Avenue, Lawrence Park
Detached for Rent in Lawrence Park
125 days on market- MLS Number
- C12792344
- Property Type
- Detached
- Status
- active
- Days on Site
- 125
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Listing Brokerage
- RARE REAL ESTATE
Welcome to 106 Melrose Avenue, a classic detached two-storey home available for lease on a quiet, tree-lined street in the heart of Lawrence Park North. Set on a generous 25 x 150 ft lot, this charming brick residence offers timeless curb appeal along with exceptional depth rarely found in the city. Located within the highly coveted John Wanless Public School district - widely regarded as one of the best in Toronto - this address offers access to top-tier education in a premier family neighbourhood. The main floor boasts a great open-concept layout, ideal for modern family living and entertaining. A rare front formal living room offers a sophisticated space to welcome guests, while the back family room features beautiful exposed beams, adding warmth and architectural character to the heart of the home. The seamless flow between living, dining, and kitchen spaces creates both functionality and style. A huge mudroom provides exceptional everyday practicality for busy families. Adding to the convenience is a brand new, custom-designed powder room on the main floor, thoughtfully finished with stylish details and perfect for guests. Upstairs, four spacious bedrooms provide flexibility for families, home offices, or guest accommodations. The brand new, designer-finished basement adds exceptional value and additional living space. Complete with a brand new bathroom and dedicated laundry area, this lower level offers versatility for recreation, extended family use, or a private retreat. The expansive 150-foot-deep backyard offers outstanding outdoor space for summer gatherings and relaxing evenings outdoors. Just a few steps to the shops, restaurants, and everyday amenities along Avenue Road and Yonge Street, and only a 5-minute walk to Lawrence Station at Yonge & Lawrence. Enjoy easy access to major highways and downtown. A prime location in a highly sought-after community.
Discover Lawrence Park / Bedford Park
Lawrence Park / Bedford Park 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 Lawrence Park / Bedford Park
- •Convenient location in Lawrence Park / Bedford Park
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Lawrence Park / Bedford Park 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.
106 Melrose Avenue, Lawrence Park / Bedford Park
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $6,800/mo, this is asking above the typical 4-bedroom rent of ~$4,200/mo in Lawrence Park. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Negotiation Opportunity
At 125 days on site, this property has exceeded the typical selling timeline for Lawrence Park. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Lawrence Park 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Lawrence Park. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.