$549,900
Est. payment $2,435/moCalculate yours
803 Merivale Road, Carlington - Central Park, ON K1Z 5Z5
5302 - Carlington, Carlington - Central Park, ON K1Z 5Z5
- 3 + 1 Beds
- 2 Baths
- 1,100 Sq Ft
Listing courtesy of POWER MARKETING REAL ESTATE INC. MLS® X13872336
About this home
Investor’s Commercial Opportunity! Fantastic income-generating property with potential for two rental units in the highly desirable Royal & Civic Hospital area. This spacious home features 4 bedrooms, 2 full bathrooms, and sits on a large lot offering both space and long-term development potential. There are 2 bedrooms on second level and 1 bedroom in the main level, with 1 full bathroom, Upper level is currently rented at $1,500/month. Lower level: Non-confirmed bachelor apartment with full bathroom, currently rented at $750/month, can be a nice 2 bedroom, new furnace. A great opportunity for investors seeking strong cash flow or end users looking to live in one unit and rent the other. Close to hospitals, transit, shopping, and all amenities.
Property details
Overview
- Property Type
- Detached
- Style
- 1 1/2 Storey
- For
- For Sale
- Status
- New
- Size
- 1,100 sqft
Interior
- Bedrooms
- 3 + 1
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Finished
Building & Systems
- Heating
- Other (Other)
- Cooling
- Central Air
- Exterior
- Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 48 x 98.2 Feet
- Parking
- None garage · 3 total
Financial
- Property Taxes
- $3,742 (2025)
Location
- Neighbourhood
- 5302 - Carlington
- Cross Street
- Corner of Carling Ave & Merivale Rd
- Direction Faces
- South
Listing
- MLS® Number
- X13872336
- Days on Market
- 11
- Listed On
- 2026-10-07
- Possession
- TBA
- Listed By
- POWER MARKETING REAL ESTATE INC.
Rooms
Features
Interior
- None
Pool
- None
Mortgage calculator
Estimated mortgage payment
$2,435 per month
- Principal and interest
- $2,435
- Property tax
- $312
- Condo fees
- $0
- Estimated monthly cost
- $2,747
Your mortgage
- Mortgage amount
- $439,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $290,531
Cash to close
- Down payment
- $109,980
- Land transfer tax
- $7,473
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $117,453
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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