118 Merrill Ave E is a 2-bedroom, 2-bathroom semi-detached home in Toronto, listed for $985,000. It has 700-1100 sq ft of living space.
1A Danforth gem with parking!
2Upstairs, enjoy two generous sized bedrooms and a beautifully updated bathroom.
3The lower level extends the living space with a dug-down rec-room or home office, a potential third bedroom, a 4-piece bathroom and a dedicated laundry area.
A Danforth gem with parking! This updated two-storey home features a charming and inviting closed-in front porch, a cozy living and dining room with hardwood floors and a rear addition featuring a spacious 'chef's' kitchen equipped with quartz counters, stainless steel appliances, heated floors and a walkout to a gorgeous backyard. Upstairs, enjoy two generous sized bedrooms and a beautifully updated bathroom. The lower level extends the living space with a dug-down rec-room or home office, a potential third bedroom, a 4-piece bathroom and a dedicated laundry area. The private & peaceful beautifully landscaped yard has plenty of space for outdoor dining and gardening, plus direct laneway access to two-car parking. This home provides an unbeatable lifestyle in one of Toronto's most coveted east end neighbourhoods, it is steps to East Lynn Park with the popular farmer's market & fairs, playground, winter skating rink & toboggan hill. Enjoy the short walk to the subway and the vibrant shops, cafes, restaurants and amenities of the Danforth community. It's also a short bike ride to Woodbine Beach! This home delivers charm & character with location and space whether you are a first- time buyer or a young family looking to put down roots in a great neighbourhood.
2 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $1,407 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this semi-detached fits your budget and timing.
Inside 118 Merrill Ave E
Every detail from the listing, in one place.
Type
Semi-Detached
Style
2-Storey
Living space
700-1100 sq ftas stated on the listing
Parking
2 spaces
Basement
Partially Finished
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Partially Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Semi-Detached
118 Merrill Ave E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E14084584$985,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 118 Merrill Ave E Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,839
/mo
based on the purchase price of $985,000
$197,000 cash
$788,000 financed
$663,703 total interest
Principal54%$788,000
Interest46%$663,703
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on Merrill Avenue East? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 118 Merrill Ave E with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 118 Merrill Ave E day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Similar homes for sale nearby in Toronto
Other 3–7 bed homes for sale in Toronto around $985K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio5079.0%On average, homes sold at or above asking.
Active listings13,763Homes for sale here right now.
Median vs prior 90 days+2.6%Compared with Apr 19 – Jul 18, 2026: prices up.
Based on 9,337 sales from Jul 18 – Oct 16, 2026 (6,683 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
118 Merrill Ave E is listed at $985,000 (MLS® E14084584). Summitly updates the price as soon as the MLS® record changes.
Is $985,000 a good price for 118 Merrill Ave E?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 118 Merrill Ave E changed?
No — 118 Merrill Ave E is still listed at its original asking price of $985,000.
How many bedrooms and bathrooms does 118 Merrill Ave E have?
118 Merrill Ave E has 2 bedrooms and 2 bathrooms, with about 700–1,100 square feet of living space. It is a semi-detached home in Toronto.
Is 118 Merrill Ave E close to transit?
The nearest rapid-transit station is Woodbine Station (Line 2), about 330 m (about a 4-minute walk) in a straight line. Coxwell Station is about 840 m (about a 10-minute walk), and Danforth GO Station is about 1.0 km (about a 13-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 118 Merrill Ave E?
About $4,839 a month — principal and interest on $985,000 with 20% down ($197,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
Are there open houses at 118 Merrill Ave E?
Yes — Saturday, October 17, 2:00 PM – 4:00 PM; Sunday, October 18, 2:00 PM – 4:00 PM. Open-house times come from the listing brokerage and can change, so check this page before you go, or book a private viewing.
How does 118 Merrill Ave E compare with other homes in Toronto?
Its asking price of $985,000 is about 16% above the median sold price in Toronto over the last 90 days, $847,500, across 9,337 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 118 Merrill Ave E been sold before?
Summitly has no earlier MLS® sale or lease of 118 Merrill Ave E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 118 Merrill Ave E?
118 Merrill Ave E is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 118 Merrill Ave E been on the market?
1 day — 118 Merrill Ave E was listed on October 15, 2026.
What is the price per square foot of 118 Merrill Ave E?
About $895 to $1,407 per square foot: the asking price of $985,000 over the 700–1,100 sq ft the listing gives as its size range.
