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New3 hours ago

237 Melita Avenue

Wychwood, Toronto

$1,699,000

Semi-Detached |3-Storey
5 | 4 | 1
About this home

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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BrokerHub Inc.
(647) 254-1864
TypeSemi-Detached
Style3-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$8,448
Lot Size18.92 ft x 105 ft
mls© NumberC13868530
Listed ByRE/MAX REALTRON REALTY INC.

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%
$8,696
Property tax
$704
Heat allowance
$150
Housing costs
$9,550 / mo

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

Down payment20% · $339,800
25-yr amortization

Income needed

$294,000

gross annual household income

Payment at 4%
$7,150 / mo
Cash down
$339,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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