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Wychwood, Toronto
$1,749,000
Welcome to 237 Melita Avenue, a professionally designed 3-story, 5-bedroom masterpiece with finished basement completely gutted and rebuilt from top to bottom. Nestled on a quiet, family-friendly street in Toronto's highly coveted Wychwood community, this home seamlessly blends tranquil neighborhood living with vibrant downtown accessibility. Every detail has been meticulously crafted to building code compliance with city permits, featuring a welcoming covered front porch, a cozy backyard with a large deck, and an invaluable lane-accessible parking space and 2 street parking permits can be obtained. Step outside and you are just minutes away from exceptional local cafés, excellent daycares, top-tier schools, and the sprawling greenery of nearby parks, all while remaining exceptionally transit-friendly. This property represents a rare opportunity to move straight into a sprawling, modern urban sanctuary in one of midtown's most beloved enclaves.
No extras listed.
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Open houses
Sat, Sep 19
2:00 PM – 4:00 PM
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This seller is holding back offers
Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.
| Type | Semi-Detached |
| Style | 3-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $8,448 |
| Lot Size | 18.8 ft x 105 ft |
| mls© Number | C13800698 |
| Listed By | RE/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%
- $8,952
- Property tax
- $704
- Heat allowance
- $150
- Housing costs
- $9,806 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$302,000
gross annual household income
- Payment at 4%
- $7,360 / mo
- Cash down
- $349,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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Comparable sales
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