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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® E13829876For SaleDetached

24 Merritt Rd

O'Connor-Parkview, Toronto, Ontario M4B 3K5

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24 Merritt Rd, Toronto, photo 1
Asking$1,699,000
Bedrooms
4+2
Bathrooms
5
Size
2,000–2,500sq ft
Per sq ft
$755at the range’s middle
Lot
28 x 109.91 ft
Tax a year
$3,8312025 tax year
Parking
21 detached
Days on market
Members

The brief

About 24 Merritt Rd

24 Merritt Rd is a 4+2-bedroom, 5-bathroom detached house in O'Connor-Parkview, Toronto, listed for sale at an asking price of $1,699,000 (MLS® E13829876).

Located on a quiet court, this brand new 2-storey custom-built detached home sits on a generous pie-shaped lot with an expanded rear yard. Designed with long-term family living in mind, the home offers four bedrooms on the upper levels, along with a dedicated mid-level storage/playroom that provides flexible space for children, a home office, or additional family use.The thoughtfully designed layout features open-concept principal rooms, excellent storage throughout, and practical flow for everyday living. The lower level includes two additional bedrooms, offering strong flexibility for extended family living, guests, or potential rental use.Situated in a well-established, family-friendly neighbourhood and within the Selwyn Public School catchment area, the property is surrounded by multiple parks and recreational facilities, with a public indoor pool within walking distance. The location provides easy access across the city while maintaining a quiet residential setting.A rare opportunity to own a brand new custom home in a mature neighbourhood, ideal for families seeking space, flexibility, and long-term value.The new property tax has not been assessed yet.

Insights

  • Condition Score

    Good

    6 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Near break-even

    −$1,071/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 49 detached homes with 6 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$3,831 / 2025
MLS® number
E13829876
Board
TRREB MLS®
Property Type
Detached
Days on market
Size
2000-2500 sqft
Lot Size
28 x 109.91 ft
Listed on
Parking
1 Detached, 2 Parking
Listing brokerage: ROYAL LEPAGE SIGNATURE REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Detached
Style
2-Storey
Community
O'Connor-Parkview
Municipality
Toronto

Building

Size
2000-2500 sqft
Construction
Alum Siding

Inside

Bedrooms
4+2
Bathrooms
5
Bathroom Details
1 × 5pc 2nd, 1 × 2pc Ground, 2 × 4pc 2nd, 1 × 4pc Bsmt
Basement Type
Finished
Kitchens
1

Parking

Driveway
Private
Garage Type
Detached
Garage
1
Additional Parking
1
Total Parking
2

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
28 ft
Depth
109.91 ft
Lot Size
28 x 109.91 ft

Additional

Foundation
Concrete
Roof
Asphalt Shingle
Fireplace
No
Pool
None
Den
No
Family room
No
Extras
Kitchen Appliances, fridge, Cooktop, Oven, Microwave, Dishwasher, Washer And Dryer, All Existing Lighting Fixtures.

Rooms

RoomSizeFeaturesLevel
Kitchen2.25 × 3.8 mLinoleum, Window, Pot LightsMain
Living5.07 × 3.44 mhardwood floor, WindowMain
Dining4.14 × 3.44 mhardwood floor, WindowMain
Bathroom1.61 × 2.26 m4 Pc Bath, Linoleum, Pot LightsMain
Br4.05 × 3.23 mhardwood floor, Window2nd
2nd Br3.14 × 5.23 mhardwood floor, Window2nd
3rd Br4.9 × 2.74 mWindowBsmt
Rec3.95 × 3.2 mWindowBsmt

Listing history

Buy/sell history for 24 Merritt Rd, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$1,699,000N/APcE13829876

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $339,800

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$339,800
Total mortgage amount
$1,359,200
Total interest payment
$966,400
Total purchase cost
$2,665,400
Mortgage payment
$7,752/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

31%

Monthly carrying cost

$8,071
−$1,071per month
  • Rent $7,000
  • Shortfall $1,071

Rental income opens at $7,000, the median asking rent of 49 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$30,455
Toronto municipal land transfer tax
$30,455
Total land transfer tax
$60,910
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$52,435
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $1,699,000
$25,980
Ontario total
$30,455

Toronto’s municipal tax uses the same brackets at this price, so it adds another $30,455.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Lot area
3,077 sq ft286 m²
Street frontage
28 ft8.5 m
Depth
109.91 ft33.5 m
28 × 109.91 ftMERRITT RD

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by MPAC.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

14 records · 7 on fileRead 2026-11-04
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasMapped parcel: about 5,290 sq ft16 building permits issued within 250 m in the last 2 yearsA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 m2 facilities within 1 km report pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Toronto Hydro-Electric System LimitedWired internet 50/10 Mbps or faster is listed at a household 30 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation3

  • Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m8 test or monitoring holes also recorded.250 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity3

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • 16 building permits issued within 250 m in the last 2 years250 m
  • Mapped parcel: about 5,290 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address

Province of Ontario open data · Municipal building permits · toronto.parcels

Around the home1

  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • 2 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is Mondelez Canada Inc — East York Bakery, 670 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
  • Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, FibreStream. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

Heritage and ravine protection

  • Not found on the Heritage Register
  • Not in a mapped Heritage Conservation District
  • Not in the mapped ravine protection area

What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Zoning

Zone

RD (f12.0; a370; d0.6)

By-law

569-2013

Municipality

Toronto
Residential Detached zone (RD)
  1. 1 f12.0

    Frontage: at least 12.0 m.

  2. 2 a370

    Lot area: at least 370 m² per dwelling unit.

  3. 3 d0.6

    Density: floor area is capped at 0.6 times the lot area.

  4. 4 Where this is written

    Chapter 10, section 10.20 of By-law 569-2013

  5. 5 What that means in practice

    These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.

City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Permit history

9 building permits cleared at this address in the City’s file.

  • New BuildingInspection

    Proposal to demolish existing dwelling and construct a new 2-storey SFD.

    Issued April 18, 2024

  • Building Permit Related(MS)Inspection

    HVAC - Proposal to demolish existing dwelling and construct a new 2-storey SFD and a 1-storey garden suite in the rear yard.

    Issued April 18, 2024

  • DemolitionClosed

    Proposal to demolish existing dwelling and construct a new 2-storey SFD.

    Issued April 18, 2024

  • Building Permit Related(PS)Inspection

    Plumbing - Proposal to demolish existing dwelling and construct a new 2-storey SFD and a 1-storey garden suite in the rear yard.

    Issued April 18, 2024

  • Building Permit Related (DR)Inspection

    Drain - Proposal to demolish existing dwelling and construct a new 2-storey SFD and a 1-storey garden suite in the rear yard.

    Issued April 18, 2024

  • New Laneway / Rear Yard SuiteCancelled

    Proposal to construct a new garden suite in rear yard.

    Completed April 16, 2024

  • Building Permit Related(MS)Cancelled

    HVAC - Proposal to construct a new garden suite in rear yard.

    Completed April 16, 2024

  • Building Permit Related(PS)Cancelled

    Plumbing - Proposal to construct a new garden suite in rear yard.

    Completed April 16, 2024

City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.

Signals around this home

Changing nearby

Changing nearby. 5 open development applications within 800 m of this home.

  • 968 O'CONNOR DRSite planUnder Review

    INACTIVE The proposal contemplates the development of the subject site, which is currently vacant, with a 10-storey (31.05 metres, excluding mechanical penthouse) residential mixed-use building consisting of a 5-storey streetwall along O'Connor Drive and Curity Avenue and retail at grade. The proposed building will contain a total of 9,098 square metres of residential gross floor area including 126 residential units, and 383.0 square metres of non-residential gross floor area.


    530 m away

  • 1450 O'CONNOR DRPlan of subdivisionUnder Review

    Draft Plan of Subdivision application to create two development blocks, a new public park block and a new public street. The application also seeks approval by the City of a request that part of the Subject Site be classified as a Class 4 Receptor Area pursuant to the Ministry of the Environments Noise Guideline NPC-300 to address noise from nearby industrial development. Please also see application # 25 187723 STE 19 OZ.


    590 m away

  • 1500 O'CONNOR DRPlan of subdivisionUnder Review

    Draft Plan of Subdivision application to create two development blocks, a new public park block and a new public street. The application also seeks approval by the City of a request that part of the Subject Site be classified as a Class 4 Receptor Area pursuant to the Ministry of the Environments Noise Guideline NPC-300 to address noise from nearby industrial development. Please also see application # 25 187723 STE 19 OZ.


    610 m away

  • 797 O'CONNOR DROfficial plan or zoning amendmentUnder Review

    Combined Official Plan Amendment and Zoning By-law Amendment applications to permit a 16-storey mixed-use building with a height of 55.5 metres (60.5 metres with the mechnical penthouse). The proposed development will contain 219 residential units and 290 square metres of non-residential GFA at grade. Two levels of underground parking are proposd with 54 vehicular space and 241 bicycle parking spaces.


    750 m away

  • 793 O'CONNOR DROfficial plan or zoning amendmentUnder Review

    Combined Official Plan Amendment and Zoning By-law Amendment applications to permit a 16-storey mixed-use building with a height of 55.5 metres (60.5 metres with the mechnical penthouse). The proposed development will contain 219 residential units and 290 square metres of non-residential GFA at grade. Two levels of underground parking are proposd with 54 vehicular space and 241 bicycle parking spaces.


    780 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

The market

Detached homes for sale in O'Connor-Parkview right now

For sale now
29
Median asking price
$1.6M

Middle half: $1.2M to $2M

New in 7 days
8

15 in 28 days

Price cuts
10%

3 listings

This home is asking 6% above the median.

See all homes in O'Connor-Parkview

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Transit nearby

StationLinesDistance
O'Connor StationTTC light rail: Line 5 Eglinton1.8 km
Pharmacy StationTTC light rail: Line 5 Eglinton2 km
Victoria Park StationTTC subway: Line 2 Bloor-Danforth2 km
Sloane StationTTC light rail: Line 5 Eglinton2 km
Danforth GOGO Transit train: Lakeshore East2.5 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Selwyn Elementary SchoolToronto DSBPublic · grades JK–5150 m85%Grade 3 average
Victoria Park Elementary SchoolToronto DSBPublic · grades JK–5700 m92%Grade 3 average
Our Lady of Fatima Catholic SchoolToronto CDSBCatholic · grades JK–8 · French Immersion950 m72%Grade 6 average
École élémentaire La MosaïqueConseil scolaire ViamondeFrench-language public · grades JK–63.2 km93%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
SATEC @ W A Porter Collegiate InstituteToronto DSBPublic · grades 9–121.6 km61%Grade 9 math
East York Collegiate InstituteToronto DSBPublic · grades 9–12 · French Immersion2.4 km46%Grade 9 math
Notre Dame Catholic High SchoolToronto CDSBCatholic · grades 9–123.2 km67%Grade 9 math
École secondaire Michelle-O'BonsawinConseil scolaire ViamondeFrench-language public · grades 9–123.7 km79%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in O'Connor-Parkview are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record