11 Merrill Avenue W MAIN AND LANEWAY, Toronto E02

$1,999,000
11 Merrill Avenue W MAIN AND LANEWAY

$1,999,000

New
22d
Detached2 1/2 Storey

11 Merrill Avenue W MAIN AND LANEWAY, Toronto E02

Total Monthly Obligation $9,143

Beds
7
Baths
5
Park
0
Sqft
2000-2500
DOM
22d
Yield
3.7%
Cash on Cash
-6.8%
Cap Rate
3.1%
5Y IRR
10.2%
10Y IRR
10.4%
Property Type-Detached
MLS® Number-E13849716
Beds-7
Bathrooms-5
Size-2000-2500 sqft
Lot Size-20.01 × 102 ft
Listed on site-Oct 1, 2026
Style-2 1/2 Storey
Building Type-Detached
Age-0-5
Taxes-$8,453.32 (2025)
Parking-Detached
Basement-Finished with Walk-Out, Apartment, Separate Entrance, Full
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Metal/Steel Siding, Brick Veneer
Roof-Flat, Metal, Membrane
Foundation-Concrete, Insulated Concrete Form
Sewer-Sewer
Possession-TBA
Neighbourhood-Woodbine Corridor
Title-Residential Freehold

No agent assigned

Rare opportunity on the Danforth! Completely rebuilt detached home featuring 3+1 bedrooms and 4 bathrooms, plus a two-bedroom + den laneway house. This property offers a perfect blend of modern design and warm interior finishes, with high-end craftsmanship throughout. Impeccable attention to detail is evident in the custom millwork, flooring, and quartz countertops. Floor-to-ceiling windows flood the home with natural light, creating a seamless flow between living spaces, while heated bathroom floors add everyday luxury. The lower level includes a self-contained legal 1-bedroom in-law/nanny or income suite with a separate entrance. The two-storey laneway house features 2 bedrooms plus a den, polished concrete radiant heated floors, and separate hydro and gas meters. The laneway living room can be converted back to parking if desired, and there is ample street parking available. The main house is currently tenanted at $4,926/month, the laneway house at $3,508/month, and the basement was previously rented at $2,100/month. Gross Rent is $ 10,534 monthly. Tenants pay their own gas and electricity. Ideally located within walking distance to Woodbine and Coxwell subway stations, as well as the restaurants and shops along the Danforth. This is an exceptional opportunity offering luxury urban living with the added benefit of meaningful rental income.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$1,599,200
Land Transfer Taxes$36,455
Legal Fees (Est.)
$
Total cash required for closing$437,755

Total Monthly Obligation

$9,143/mo
Mortgage $8,063
Monthly Loss $7,021
Principal$2,122
Interest$5,942
Property Tax$704
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

Assumptions & Inputs
$/mo
%
$
yr
%

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

Comparables

Properties near 11 Merrill Avenue W MAIN AND LANEWAY

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.