929 Merivale Road, Carlington - Central Park

$675,000
929 Merivale Road

$675,000

Price Change
45d
Detached1 1/2 Storey

929 Merivale Road, Carlington - Central Park

Total Monthly Obligation $3,488

HausQ Valuation Report
Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
45d
Score
20
Yield
5.4%
Cash on Cash
-1.4%
Cap Rate
4.3%
5Y IRR
14.5%
10Y IRR
13.7%
Property Type-Detached
MLS® Number-X13757728
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-45 × 115 ft
Listed on site-Sep 8, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$4,685.11 (2025)
Parking-4 - Detached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Stucco (Plaster), Other
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-5302 - Carlington
Title-Residential Freehold

No agent assigned

Welcome to 929 Merivale Road! This fully renovated detached home offers exceptional lifestyle appeal and future potential development. Ideally located close to all amenities, the Civic Hospital, Westboro shops and restaurants, with easy access to major highways. The bright open-concept main level features a sun-filled living area with electric fireplace, formal dining room, and a renovated kitchen with newer stainless steel appliances, ample cabinetry and counter space, plus a charming window-side reading nook. The upper level offers two spacious bedrooms with hidden additional storage accessible through the second bedroom. The lower level includes a third legal bedroom with walk-in closet, a second full bathroom with high-efficiency washer and dryer, and plenty of storage. Outside, enjoy a large backyard, oversized driveway accommodating 3-4 vehicles, and a detached garage! Prime lot ZONING TM[2190]offers excellent future development or redevelopment potential, making this property ideal for homeowners, investors, or builders alike.

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Closing Costs

Mortgage Amount
$540,000
Land Transfer Taxes$9,975
Legal Fees (Est.)
$
Total cash required for closing$146,475

Total Monthly Obligation

$3,488/mo
Mortgage $2,723
Monthly Loss $2,772
Principal$716
Interest$2,006
Property Tax$390
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.4%2
5-Year IRR
10.6%40
10-Year IRR
11.1%
Returns Index
20.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$36,216/yr
NOI
$23,409/yr
Net Cash Flow
-$772/mo
Cash Margin
-25.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
24.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 929 Merivale Road

Time

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Data last updated within the past 24 hours.