Generative depth estimation methods leverage the rich visual priors stored in pretrained text-to-image diffusion models, demonstrating astonishing zero-shot capability. However, parameter updates during training lead to catastrophic degradation in the image generation capability of the pretrained model. We introduce MERGE, a unified model for image generation and depth estimation, starting from a fixed-parameters pretrained text-to-image model. MERGE demonstrates that the pretrained text-to-image model can do more than image generation but also expand to depth estimation effortlessly. Specifically, MERGE introduces a plug-and-play framework that enables seamless switching between image generation and depth estimation modes through simple and pluggable converters. Meanwhile, we propose a Group Reuse Mechanism to encourage parameter reuse and improve the utilization of the additional learnable parameter. MERGE unleashes the powerful depth estimation capability of the pretrained text-to-image model while preserving its original image generation ability. Compared to other unified models for image generation and depth estimation, MERGE achieves state-of-the-art performance across multiple depth estimation benchmarks. The code and model will be made available.