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New3 hours ago

118 Merrill Avenue E

Woodbine Corridor, Toronto

$985,000

Semi-Detached |2-Storey
2 | 2 | 2
About this home

A Danforth gem with parking! This updated two-storey home features a charming and inviting closed-in front porch, a cozy living and dining room with hardwood floors and a rear addition featuring a spacious 'chef's' kitchen equipped with quartz counters, stainless steel appliances, heated floors and a walkout to a gorgeous backyard. Upstairs, enjoy two generous sized bedrooms and a beautifully updated bathroom. The lower level extends the living space with a dug-down rec-room or home office, a potential third bedroom, a 4-piece bathroom and a dedicated laundry area. The private & peaceful beautifully landscaped yard has plenty of space for outdoor dining and gardening, plus direct laneway access to two-car parking. This home provides an unbeatable lifestyle in one of Toronto's most coveted east end neighbourhoods, it is steps to East Lynn Park with the popular farmer's market & fairs, playground, winter skating rink & toboggan hill. Enjoy the short walk to the subway and the vibrant shops, cafes, restaurants and amenities of the Danforth community. It's also a short bike ride to Woodbine Beach! This home delivers charm & character with location and space whether you are a first- time buyer or a young family looking to put down roots in a great neighbourhood.

Extras

No extras listed.

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Open houses

  • Sat, Oct 17

    2:00 PM – 4:00 PM

  • Sun, Oct 18

    2:00 PM – 4:00 PM

Or pick a time that works for you.

Got questions?

Contact Macallum directly.

agent
Macallum Tepsich
(647) 326-2579
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$5,248
Lot Size14.75 ft x 119 ft
mls© NumberE14084584
Listed ByJohnston & Daniel

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,042
Property tax
$437
Heat allowance
$150
Housing costs
$5,629 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $197,000
25-yr amortization

Income needed

$173,000

gross annual household income

Payment at 4%
$4,145 / mo
Cash down
$197,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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