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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale Listed 5 days agoIncreased +$400,001

    W 117 Drummond Street W

    Merrickville·Merrickville-Wolford, ON·K0G 1N0·Near St John Street

    • 10 beds
    Merrickville-Wolford real estate›X13458784
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Exceptional Multi-Residential Investment Opportunity in the Heart of Merrickville Located in one of Eastern Ontario's most charming communities this purpose-built five-unit apartment building offers investors an outstanding combination of stable income, modern construction, and virtually worry-free ownership. Situated minutes away from Merrickville vibrant downtown core, residents enjoy convenient access to boutique shopping, restaurants, cafés, galleries, and the historic Rideau Canal. Constructed two years ago, this attractive building has been thoughtfully designed with both tenant comfort and long-term ownership in mind. The property consists of five spacious two-bedroom apartments featuring contemporary layouts, quality finishes, and modern conveniences that continue to attract and retain excellent tenants. Each suite offers a bright, open-concept floor plan highlighted by soaring ceilings and generous living spaces that create an airy, welcoming atmosphere. Large windows allow for an abundance of natural light throughout the day, while modern electric fireplaces provide warmth, character. The kitchens are equipped with stainless steel appliances and ample cabinetry, seamlessly flowing into the dining and living spaces. In-suite laundry, spacious bedrooms, well-appointed bathrooms, and efficient floor plans that maximize functionality and comfort. Four of the five apartments feature private balconies, providing valuable outdoor living space. The property includes both indoor and outdoor parking accommodations. The building's low-maintenance design and relatively recent construction mean investors can focus on income generation rather than capital expenditures. All units are currently rented at market rates. The quality of the building, desirable suite layouts, and prime location contribute to strong tenant demand and excellent long-term rental prospects.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 21, 2026Price increasedCurrentIncreased$2,400,000+$400,001 (20.0%)X13458784This page
    Jun 17, 2026ListedCurrentFor sale$1,999,999 —X13458784This page
    Jan 16, 2026SoldSold$2,150−$50 (2.3%)X12593032View
    Dec 2, 2025Previously listedLsd$2,200 —X12593032View
    Sep 2, 2025SoldSold$2,100 unchangedX12253505View
    Jun 26, 2025Previously listedLsd$2,100 —X12253505View
    Apr 4, 2025SoldSold$2,100 unchangedX11971349View
    Feb 13, 2025Previously listedLsd$2,100 —X11971349View
    Jun 7, 2024Previously listedExp$2,250 —X9445391View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Central Air
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 W 117 Drummond Street W
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $11,790
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $1,191
    0.60% mill rate · ON
    The market

    How this home sits in the Merrickville-Wolford market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Merrickville-Wolford market right now

    Average sold price, days on market, and closed-transaction count for Merrickville-Wolford — sourced from MLS®.

    • Avg sold price
      $495,852
      Last 30 days
    • Median sold price
      $430,000
      Middle of the market
    • Days on market
      72 d
      Avg from list to close
    • Closed last 30d
      21
      MLS® transactions
    Full Merrickville-Wolford market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into W 117 Drummond Street W — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at W 117 Drummond Street W and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is W 117 Drummond Street W listed for?

      W 117 Drummond Street W is listed at $2,400,000 on the MLS® (listing X13458784). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does W 117 Drummond Street W have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 5 baths
  2. 5000 + sqft
  3. Multiplex
  4. Built 0-5
  5. Asking
    $2,400,000
    $480 / sqft · MLS® X13458784
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,090,874
    $1,003,604Confidence range$1,178,144
    Asking vs estimate
    ↑↑well-above
    +$1,309,126
    (+120.0%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 10 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Merrickville-Wolford sell in about 72 days — this one has been listed 5 days.

    Avg sold price
    $495,852
    Median sold
    $430,000
    Avg days on market
    72
    Recently sold
    21
    See comparable sales
    AI highlights by Zara
    • The property consists of five spacious two-bedroom apartments featuring contemporary layouts, quality finishes, and modern conveniences that continue to attract and retain excellent tenants.
    • The kitchens are equipped with stainless steel appliances and ample cabinetry, seamlessly flowing into the dining and living spaces.
    • Four of the five apartments feature private balconies, providing valuable outdoor living space.
    • The property includes both indoor and outdoor parking accommodations.
    Ask Zara a follow-up
    Sewer
  7. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    4
    Parking spaces
    10
    Driveway
    Private Double
  8. Interior

    6
    Basement
    None
    Family room
    N
    Kitchens
    5
    Total rooms
    35
    Elevator
    N
    Accessibility
    N
  9. Exterior & construction

    5
    Exterior
    Aluminum Siding, Brick
    Roof
    Asphalt Shingle
    Foundation
    Concrete
    View
    City
    Pool
    None
  10. Lot & land

    2
    Year built
    0-5
    Zoning
    R1
  11. Listing & possession

    4
    Possession
    2026-06-30T00:00:00.000-00:00
    Occupancy
    Flexible
    Property style
    3-Storey
    Property class
    Multiplex
  12. Combined estimate
    $12,981
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $11,790
    /mo
    based on the purchase price of $2,400,000
    $480,000 cash
    $1,920,000 financed
    $1,617,144 total interest
    Monthly payment$11,790/ month
    Principal54%$1,920,000
    Interest46%$1,617,144

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  13. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  14. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  15. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  16. Public listing courtesy of RE/MAX HALLMARK REALTY GROUP · displayed on Summitly per MLS® data-share rules

    W 117 Drummond Street W is a 10-bedroom, 5-bath, 5000 + sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  17. When was W 117 Drummond Street W built?

    W 117 Drummond Street W was built in 0-5. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  18. What is the property tax for W 117 Drummond Street W?

    The 'Property tax' tab in the History section shows the most recent annual tax for W 117 Drummond Street W plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  19. How much would the monthly mortgage be on W 117 Drummond Street W?

    The affordability calculator on this page shows an estimated monthly mortgage for $2,400,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  20. Has W 117 Drummond Street W been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of W 117 Drummond Street W with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  21. What neighbourhood is W 117 Drummond Street W in?

    W 117 Drummond Street W is in Merrickville, Merrickville-Wolford. The 'Neighbourhood' section below links to the live Merrickville-Wolford real estate hub with average sold price, days on market, and current inventory.

  22. Is Merrickville-Wolford a good place to live?

    Merrickville-Wolford is one of ON's actively-tracked Summitly markets. The full Merrickville-Wolford real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.