Semi-DetachedListed today

237 Melita Ave, Toronto

Name: 237 Melita Avenue
SKU: C14176988
Price: 1399000 CAD
Availability: InStock

Toronto, ON · M6G 2A1 · MLS® C14176988Updated November 13, 2026

$1,399,000Est. $6,873/mo mortgage

Bedrooms: 5
Bathrooms: 3
Living space: 2000–2500sq ft
Parking spaces: 1

Type Semi-Detached
Basement Finished, Full

What you should know

237 Melita Ave is a 5-bedroom, 3-bathroom semi-detached home in Toronto, listed for $1,399,000. It has 2000-2500 sq ft of living space.

Welcome to 237 Melita Avenue, a professionally designed 3-story, 5-bedroom masterpiece with finished basement completely gutted and rebuilt from top to bottom.
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.
BasementFinished, Full, as described in the listing.

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5 Bed, 3 Bath Semi-Detached Home in Toronto

About 237 Melita Avenue

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.

5 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $700 per square foot. Chat with Zara if you'd like a deeper read on whether this semi-detached fits your budget and timing.

Inside 237 Melita Ave

Every detail from the listing, in one place.

Type: Semi-Detached
Style: 3-Storey
Living space: 2000-2500 sq ftas stated on the listing
Parking: 1 space
Basement: Finished, Full

Features & systems

Parking & garage

Parking spaces: 1

Interior

Basement: Finished · Full

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 3-Storey
Property class: Semi-Detached

237 Melita Ave Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Nov 13, 2026For saleListedThis listingMLS® C14176988$1,399,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 237 Melita Ave Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 16,096 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $840,000
Average sold price: $1,083,753
Average days on market: 32
Homes sold: 9,020

Closed sales on the TRREB MLS®.

Full Toronto market report

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home237 Melita Avenue 5 bd · 3 ba · 2,000 sqft	$1,399,000asking	$700	—	—
70 Major Street 4 bd · 5 ba · 1,500 sqft
18 Thurston Road 4 bd · 3 ba · 1,500 sqft
107 Purvis Crescent 4 bd · 4 ba · 1,500 sqft
109A Boulton Avenue 4 bd · 3 ba · 1,500 sqft
18 1/2 Bellevue Avenue 4 bd · 2 ba · 1,500 sqft
126 Hilton Avenue 5 bd · 3 ba · 2,000 sqft

70 Major Street
4 bd · 5 ba · 1,500 sqft
18 Thurston Road
4 bd · 3 ba · 1,500 sqft
107 Purvis Crescent
4 bd · 4 ba · 1,500 sqft
109A Boulton Avenue
4 bd · 3 ba · 1,500 sqft
18 1/2 Bellevue Avenue
4 bd · 2 ba · 1,500 sqft
126 Hilton Avenue
5 bd · 3 ba · 2,000 sqft

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Costs, Mortgage & Rental Return for 237 Melita Ave

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $6,873; 20% down · 25 years · 5.5% assumed
Property tax: $769; 0.66% mill rate · ON
Total per month: $7,642; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$6,873

/mo

based on the purchase price of $1,399,000

Down payment20%

$279,800 cash

Amortization25 yr

$1,119,200 financed

Rate5.50%

$942,660 total interest

Principal54%$1,119,200

Interest46%$942,660

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

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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

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Listing brokerage: RE/MAX REALTRON REALTY INC., BrokerageMLS® C14176988 · Listing data last updated November 13, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. 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. © 2026 Toronto Regional Real Estate Board. All rights reserved.

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.

For sale· listed Nov 12· $700/sq ft

Estimated monthly mortgage$6,873/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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