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MAIN AND LANEWAY - 11 Merrill Avenue, Toronto, ON 49 photos

$2,299,000

Active
MAIN AND LANEWAY - 11 Merrill Avenue, Toronto, ON· Woodbine Corridor
3+4
Bedrooms
5
Bathrooms
2000-2500
Sq Ft
0-5
Year Built

About this Property

  • Impeccable attention to detail is evident in the custom millwork, flooring, and quartz countertops
  • The laneway living room can be converted back to parking if desired, and there is ample street parking available

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. 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.

Listed by RIGHT AT HOME REALTY · MLS# E13033126

Features & Details

Property details of MAIN AND LANEWAY - 11 Merrill Avenue, Toronto, ON

Property TypeDetached
Style2 1/2 Storey
Size2000-2500 sq ft
BasementFinished with Walk-Out, Apartment, Separate Entrance, Full
Total ParkingDetached

Mortgage Calculator

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%
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Mortgage Payment$11,294/monthly
Principal54%
Interest46%
Principal Amount$1,839,200
Interest$1,549,089
Total Payable$3,388,289
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$11,294
Mortgage + Expenses$11,294
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$
$
$
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Monthly Cash Flow-$11,294

* Estimate only. Consult a mortgage broker for accurate figures.

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Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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