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For Sale
Just Listed

803 Merivale Road

5302 - Carlington, Carlington - Central Park, ON
$565,000
3+1Bd
2Ba
1,300+sqft
3Parking
48 x 98.2 ftlot
$435/sqft
DetachedMLS# X13148520Listed 2026-05-202 DOM
Cooling
Central Air
Basement
Finished

Just listed! New listings in Carlington - Central Park often receive offers within the first week.

About this home

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. 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.

Rooms

Main Floor
Living Room4.60 × 3.50 m
Dining Room3.10 × 3.50 m
Kitchen2.27 × 3.90 m
Bathroom2.30 × 1.50 m
Bedroom2.40 × 3.20 m
Second Floor
Bedroom 23.50 × 4.05 m
Primary Bedroom4.20 × 3.10 m
Lower
Bedroom3.40 × 2.50 m
Kitchen2.00 × 3.60 m
Living Room7.00 × 3.50 m
Bedroom 31.60 × 1.50 m

Features

  • None
  • Finished
  • Central Air
  • 1 1/2 Storey

Financials

Annual Taxes
$3,742

Estimated Rental Income

Entire property$3,200 – $4,800/mo
Rental yield6.8% – 10.2%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Carlington - Central Park

Days on market2 days
Buyer's MarketSeller's Market

Based on active listings in Carlington - Central Park. Data updates daily.

Our estimate for this home

Priced 29.6% below estimate
Estimated range
$742K$863K
Mid-point $802K · ~$617/sqft
How this listing compares
$742KList · $565K$863K
High confidence·Based on 11190 gta-wide comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$565,000
803 Merivale Road, Carlington - Central Park
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