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803 Merivale Road

803 Merivale Road

Carlington - Central Park, ON

  • 4 bed
  • 2 bath
  • approx. 1100-1500 sqft
  • Detached
  • 115 days on market
$565,000

Investor's Commercial Opportunity! Fantastic income-generating property with potential for two rental units in the highly desirable Royal & Civic Hospital area. This spacious home features 4 bedrooms, 2 full bathrooms, and sits on a large lot offering both space and long-term development potential. there are 2 bedrooms on second level and 1 bedroom in the main level, with 1 full bathroom, Upper level is currently rented at $1,500/month. Lower level: Non-confirmed bachelor apartment with full bathroom, currently rented at $750/month. A great opportunity for investors seeking strong cash flow or end users looking to live in one unit and rent the other. Close to hospitals, transit, shopping, and all amenities.

Listing Details

Taxes (2025)
$3,742
Listed
May 19, 2026

Price History

Listing history

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Property

Style
1 1/2 Storey
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Concrete
Interior
None
Lot Size
48 x 98.2 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
3

Utilities

Sewer
Sewer
Heat Source
Other

Location & Legal

Cross Street
Corner of Carling Ave & Merivale Rd
Parcel Number
040390002
Possession
Flexible
Occupancy
Tenant

Schools

Secondary

  • St Nicholas Adult High School0.4 km

    Catholic · Ottawa CSB · 620 students

  • Notre Dame High School2.1 km

    Catholic · Ottawa CSB · 430 students

    Grade 10 literacy: 83% met the provincial standard

  • Nepean High School2.1 km

    Public · Ottawa-Carleton DSB · 1270 students

    Grade 10 literacy: 94% met the provincial standard

Elementary

  • W.E. Gowling Public School0.5 km

    Public · Ottawa-Carleton DSB · 450 students

    Grade 3 reading: 59% met the provincial standard · Grade 6 math: 38% met the provincial standard

  • St Elizabeth Elementary School0.7 km

    Catholic · Ottawa CSB · 335 students

    Grade 3 reading: 64% met the provincial standard · Grade 6 math: 30% met the provincial standard

  • Elmdale Public School0.9 km

    Public · Ottawa-Carleton DSB · 565 students

    Grade 3 reading: 97% met the provincial standard · Grade 6 math: 89% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area K1Z

Population
22,714
Private dwellings
11,642
Median age
38.4
Average household size
2.1
Median household income
$77,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Carlington - Central Park · last 12 months

Median sold price
$575,000
Homes sold
122
Median days on market
20
Sale-to-list price
98.5%

Based on 122 recorded sales of residential freehold properties in Carlington - Central Park over the last 12 months.

Rooms

4-piece on Second, 3-piece on Lower

Second

  • Bedroom 211'6" x 13'3"
  • Primary Bedroom13'9" x 10'2"

Main

  • Bathroom7'7" x 4'11"
  • Bedroom7'10" x 10'6"
  • Dining Room10'2" x 11'6"
  • Kitchen7'5" x 12'10"
  • Living Room15'1" x 11'6"

Lower

  • Bedroom11'2" x 8'2"
  • Bedroom 35'3" x 4'11"
  • Kitchen6'7" x 11'10"
  • Living Room23' x 11'6"

Listed by

POWER MARKETING REAL ESTATE INC.

Walk Score

92

Walk

58

Transit

99

Bike

Scores by Walk Score®

Mortgage Calculator

$113,000

Estimated Monthly Payment

$2,776

Land transfer tax

Estimated land transfer tax$7,775

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,776/mo (20% down, 5.5%)

Taxes: $312/mo · Insurance: $141/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Fantastic income-generating property with potential for two rental units in the highly desirable Royal & Civic Hospital area.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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