803 Merivale Road, Carlington - Central Park

$549,900
803 Merivale Road

$549,900

New
16d
Detached1 1/2 Storey

803 Merivale Road, Carlington - Central Park

Total Monthly Obligation $2,905

HausQ Valuation Report
Beds
4
Baths
2
Park
3
Sqft
1100-1500
DOM
16d
Score
32
Yield
7.4%
Cash on Cash
7.8%
Cap Rate
6.3%
5Y IRR
21.9%
10Y IRR
19.8%
Property Type-Detached
MLS® Number-X13872336
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-48 × 98.2 ft
Listed on site-Oct 7, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$3,742 (2025)
Parking-3 - None
Basement-Finished
Heating-Other (Other)
Brokerage-POWER MARKETING REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-5302 - Carlington
Title-Residential Freehold

No agent assigned

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.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$439,920
Land Transfer Taxes$7,473
Legal Fees (Est.)
$
Total cash required for closing$118,953

Total Monthly Obligation

$2,905/mo
Mortgage $2,218
Monthly Loss $2,321
Principal$584
Interest$1,634
Property Tax$312
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.2%40
Cash-on-Cash
1.6%11
5-Year IRR
17.0%82
10-Year IRR
16.3%
Returns Index
45.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
32/ 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
$40,896/yr
NOI
$28,564/yr
Net Cash Flow
$162/mo
Cash Margin
4.8%11
Cash Flow Index
11.4/ 100
Risk Profile
Weight: 20%
DSCR
1.0733
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo55
Risk Index
35.4/ 100

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

Comparables

Properties near 803 Merivale Road

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.