237 Melita Avenue, Toronto C02

$1,699,000
237 Melita Avenue

$1,699,000

New
17d
Semi-Detached 3-Storey

237 Melita Avenue, Toronto C02

Total Monthly Obligation $7,932

HausQ Valuation Report
Beds
5
Baths
4
Park
1
Sqft
2000-2500
DOM
17d
Score
17
Yield
4.2%
Cash on Cash
-5.3%
Cap Rate
3.5%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Semi-Detached
MLS® Number-C13868530
Beds-5
Bathrooms-4
Size-2000-2500 sqft
Lot Size-18.92 × 105 ft
Listed on site-Oct 6, 2026
Style-3-Storey
Building Type-Semi-Detached
Taxes-$8,448.1 (2026)
Parking-1 - Other
Basement-Finished, Full
Heating-Water (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air, Window Unit(s)
Laundry-No
Fireplace-Electric
Pool-None
Facing-South
Exterior-Brick
Roof-Shingles
Foundation-Unknown
Sewer-Sewer
Possession-Flexible
Neighbourhood-Wychwood
Title-Residential Freehold

No agent assigned

Welcome to 237 Melita Avenue, a professionally designed 3-story, 5-bedroom masterpiece with finished basement completely gutted and rebuiltfrom top to bottom. Nestled on a quiet, family-friendly street in Toronto's highly coveted Wychwood community, this home seamlessly blendstranquil neighborhood living with vibrant downtown accessibility. Every detail has been meticulously crafted to building code compliance withcity permits, featuring a welcoming covered front porch, a cozy backyard with a large deck, and an invaluable lane-accessible parking space and2 street parking permits can be obtained. Step outside and you are just minutes away from exceptional local cafés, excellent daycares, top-tierschools, and the sprawling greenery of nearby parks, all while remaining exceptionally transit-friendly. This property represents a rare opportunityto move straight into a sprawling, modern urban sanctuary in one of midtown's most beloved enclaves.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,359,200
Land Transfer Taxes$30,455
Legal Fees (Est.)
$
Total cash required for closing$371,755

Total Monthly Obligation

$7,932/mo
Mortgage $6,853
Monthly Loss $6,129
Principal$1,803
Interest$5,050
Property Tax$704
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.6%1
5-Year IRR
8.7%27
10-Year IRR
9.5%
Returns Index
14.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$70,704/yr
NOI
$50,686/yr
Net Cash Flow
-$2,630/mo
Cash Margin
-44.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo19
Risk Index
15.0/ 100

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

Comparables

Properties near 237 Melita Avenue

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.